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Nigeria
Tools 2026

Tax calculators, PDF workspace, currency tools, education calculators and more — all built for Nigeria. Tax tools updated for the Nigeria Tax Act 2025.

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About Nigeria

Nigeria Tax & Finance Overview

Nigeria operates one of Africa's largest and most complex tax systems, administered by the Federal Inland Revenue Service (FIRS) — soon to be renamed the Nigeria Revenue Service (NRS) under the landmark Nigeria Tax Act 2025. The country's personal income tax follows a progressive structure with rates ranging from 0% to 25%, applied across six taxable income bands denominated in the Nigerian Naira (NGN). Employees in Nigeria are subject to several mandatory deductions beyond PAYE income tax, including an 8% pension contribution under the Pension Reform Act, a 2.5% National Housing Fund (NHF) levy, and a 5% National Health Insurance Scheme (NHIS) contribution. Employers are equally required to make matching or higher contributions to these statutory funds, making payroll compliance a critical concern for businesses operating in Nigeria. Value Added Tax (VAT) stands at 7.5% on most goods and services, with key exemptions for basic food items, medical supplies, and educational materials. The 2026 tax year introduces significant reforms including a new zero-rate PAYE threshold of 800,000 Naira annually, the abolition of the Consolidated Relief Allowance, and the introduction of a 4% Development Levy replacing multiple older levies. AfroTools provides free, regularly updated PAYE tax calculators, VAT calculators, pension contribution tools, and salary breakdown calculators specifically built for Nigeria. All calculations reflect the current NTA 2026 provisions and are designed to help Nigerian workers, HR professionals, and business owners navigate the new tax landscape with confidence.

NTA 2026 is now in effect. The Nigeria Tax Act (signed 26 June 2025) replaced PITA, CITA, CGTA, and VAT Act from 1 January 2026. All tax calculators below reflect the new regime. Where relevant, PITA 2025 is shown for comparison.

Tools

All Nigeria Tools

Tax calculators, document tools, and more — built specifically for Nigeria or available across all 54 African countries.

Reference

Quick Reference — NTA 2026 Rates

Official tax tables from the Nigeria Tax Act 2025. Rates effective 1 January 2026.

PAYE Bands
CIT / Dev Levy
VAT Categories
CGT
Annual Taxable IncomeMonthly EquivalentRate
₦0 – ₦800,000Up to ₦66,667/mo0%
₦800,001 – ₦3,000,000₦66,668 – ₦250,000/mo15%
₦3,000,001 – ₦12,000,000₦250,001 – ₦1,000,000/mo18%
₦12,000,001 – ₦25,000,000₦1,000,001 – ₦2,083,333/mo21%
₦25,000,001 – ₦50,000,000₦2,083,334 – ₦4,166,667/mo23%
Above ₦50,000,000Above ₦4,166,667/mo25%
Company TypeCriteriaRate
Small Company — CITTurnover ≤ ₦100M AND Fixed Assets ≤ ₦250M0%
Small Company — Dev LevySame as aboveExempt
Small Company — CGTSame as aboveExempt
Standard Company — CITAll other companies30%
Development LevyStandard companies (on assessable profit)4%
Multinational Minimum ETRGroup turnover ≥ €750M or ≥ ₦50B15% min
CategoryExamplesRate
Standard-ratedMost goods & services, professional fees7.5%
Zero-rated (input VAT reclaimable)Basic food, medical, education, electricity, pharma, agri inputs0%
Exempt (input VAT not reclaimable)Residential rent, baby products, sanitary products, exports, crude oilExempt
Small business thresholdAnnual turnover ≤ ₦100M — no VAT obligationNot applicable
Taxpayer TypeAsset / ConditionRate
IndividualAny chargeable asset10%
Company (NTA 2026)Any chargeable asset30%
Small CompanyTurnover ≤ ₦100M, fixed assets ≤ ₦250MExempt
Share disposal exemptionSales ≤ ₦150M / 12 months AND gain ≤ ₦10MExempt
Reinvestment reliefGains reinvested in Nigerian company within 12 monthsDeferred
Loss of employmentCompensation up to ₦50MExempt
What Changed

Key NTA 2026 Changes

Major differences from the old PITA/CITA regime.

📋 For Employees

  • ₦800k/year threshold — zero PAYE below this
  • CRA abolished, replaced by Rent Relief (20% rent, max ₦500k)
  • Pension now on Basic+Housing+Transport only
  • Gratuity now taxable above ₦50M
  • NIN = Tax ID number under NTA
  • Digital / crypto income now taxable

🏢 For Businesses

  • Small company threshold raised to ₦100M turnover
  • CIT stays at 30% — 25% proposal dropped
  • 4% Development Levy replaces TET + IT Levy + NASENI + PTF
  • Full input VAT credit now available on most inputs
  • CGT for companies raised from 10% to 30%
  • FIRS renamed to Nigeria Revenue Service (NRS)

⚠️ Compliance Deadlines

  • PAYE remittance: 10th of following month
  • VAT returns: 21st of following month
  • CIT returns: 6 months after year-end
  • CGT: 30 June and 31 December of disposal year
  • Late PAYE: 10% penalty + interest
  • Failure to deduct: 40% penalty of amount

📚 Legal Sources

  • Nigeria Tax Act, 2025 (signed 26 June 2025)
  • Nigeria Tax Administration Act, 2025
  • Nigeria Revenue Service (Establishment) Act, 2025
  • Pension Reform Act, 2004 (PRA)
  • NHIA Act, 2022 — NHIS deductions
  • NHF Act Cap N45 LFN — housing fund