Manage Payroll Tax in Nigeria

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)