Excel-Skills.com
FREE INCOME TAX CALCULATORS
Salary & Income Tax Calculator
All amounts in Nigerian Naira
PART 1 - Enter your earnings & deductions
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Enter your basic monthly salary amount.
Basic Monthly Salary
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Enter your monthly housing allowance amount.
Housing Allowance
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Enter your monthly transport allowance amount.
Transport Allowance
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Enter your monthly medical allowance amount.
Medical Allowance
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Enter the total for any other monthly salary allowances.
Other Allowances
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Enter your monthly pension contribution percentage (as % of basic, housing and transport).
Pension Contribution %
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Enter your monthly health insurance percentage (as % of basic, housing and transport).
NHIF Contribution %
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Enter your monthly life assurance premium.
Life Assurance
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Enter your number of children.
Children
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Enter your number of family dependents.
Dependents
PART 2 - View your annual income tax calculation results
Basic Salary
2,880,000
Housing Allowance
576,000
Transport Allowance
432,000
Medical Allowance
0
Other Allowances
0
Total Taxable Earnings
3,888,000
Pension
311,040
National Housing
97,200
National Health Insurance
194,400
Life Assurance
0
Total Deductions
602,640
Consolidated Relief
200,000
Gross Income Relief
777,600
Child Allowance
0
Dependent Relatives
0
1% Minimum Tax
0
Total Tax Relief
977,600
Taxable Income
2,307,760
Annual Tax Payable
372,630
Income Tax %
16.1%
PART 3 - View your monthly salary calculation results
Basic Salary
240,000
Housing Allowance
48,000
Transport Allowance
36,000
Medical Allowance
0
Other Allowances
0
Gross Pay
324,000
Income Tax (PAYE)
31,052
Pension
25,920
National Housing
8,100
National Health Insurance
16,200
Life Assurance
0
Total Deductions
81,272
Net Monthly Pay
242,728
FREE INCOME TAX CALCULATOR BY
Excel-Skills.com