Manage Payroll Tax in Nigeria | Tax Compliance

English (United States)

Taxes in Nigeria

Employer

10%

Pension Fund

10%

Health Insurance

1%

Workers’ Compensation

Employee payroll taxes

8%

Pension Fund

5%

Health Insurance

2.5%

National Housing Fund (NHF)

Employee Income Tax

7%

(Income up to NGN 300,000)

11%

(NGN 300,000-600,000)

15%

(NGN 600,000-1.1 million)

19%

(NGN 1.1 million-1.6 million)

21%

(NGN 1.6 million-3.2 million)

24%

(Above NGN 3.2 million)