Tax & Salary Calculators.
Tax and Finance Calculators

We hope you found the Nigeria Tax Calculator useful, this site is now for historical reference and the latest version of the Nigeria Tax Calculator for 2023 is available here.

What are Tax Tables

✔ Making tax transparenct and easy to understand for all tax payers.

Income tax tables are simply a list of categories that contain specific items or types of tax that are applied against your income and expenses. Tax tables apply to:

  • Individuals
  • Companies
  • Trusts
  • Businesses and Corporations

Each tax table will include a specific title which has an associated fixed amount or percentage. Fixed amounts can be either a 'Threshold' or an actual amount.

A tax threshold is a figure where a calculation applies above or below a fixed amount or, in the case of income tax thresholds, tax applies when earning fall within a specific threshold range with a lower fixed amount and upper fixed amount.

Tax Tables typically change each tax year with rates, allowances and thresholds changed to support tax revenue streams to support the Governments plans and associated costs within the budget

Tax Tables include figures for:

  • Resident Personal Tax Rates
  • Tax Rates for Minors
  • Non-Resident PersonalTax Rates
  • Medicare Levy Surcharge
  • Company Tax Rates
  • Low Income Tax Offsets
  • Interest and Dividends
  • Retirement Lump Sum Benefits
  • Capital Gains Tax (CGT)

Income Tax Tables

Select a tax year from the options below to see specific tax thresholds, rates and allowances for Individuals, Companies, Trusts and other tax profiles.

  1. 2014 - 2015 Tax Tables
  2. 2015 - 2016 Tax Tables
  3. 2016 - 2017 Tax Tables
  4. 2017 - 2018 Tax Tables