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AwardKJB named West Africa’s Most Innovative Professional Services Firm 2025InsightThe 15% Minimum Effective Tax Rate for Large CompaniesInsightPenalties, Objections and Appeals Under the Nigeria Tax Administration ActInsightE-Invoicing and the Electronic Fiscal System: Deadlines and What to DoAwardDr. Oluwashola Ganiyu among Nigeria’s Top 50 Best Performing CEOs 2025NTA 2025PIT 0% up to ₦800K · top rate 25%NTA 2025CIT 30% · development levy 4% · min. ETR 15%NTA 2025VAT 7.5% · rent relief 20%, capped at ₦500K
KJB Professional Services
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Your 2026 tax, calculated in seconds

Estimate PAYE, VAT and company tax under the Nigeria Tax Act 2025. When the numbers raise questions, book a consultation with our Managing Partner.

PAYE & personal income taxVATCompany tax

Employees & individuals

PAYE under the new bands

Enter your annual pay and rent to see your tax per month, per year, and how your income falls across the six bands. Read the PAYE guide.

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Rent relief: ₦240,000 (20% of rent, capped at ₦500,000)

Tax per month

₦61,700

Tax per year

₦740,400

Effective rate

12.3%

How your taxable income of ₦5,280,000 falls across the bands

  • 0%
  • 15%
  • 18%
  • 21%
  • 23%
  • 25%
BandRateIncome in bandTax
₦0–₦800K0%₦800,000₦0
₦800K–₦3M15%₦2,200,000₦330,000
₦3M–₦12M18%₦2,280,000₦410,400
₦12M–₦25M21%₦0₦0
₦25M–₦50M23%₦0₦0
Above ₦50M25%₦0₦0
Total annual tax₦740,400

Estimate only, using the Nigeria Tax Act 2025 bands. Pension is approximated at 8% of gross; other deductions (NHF, NHIS, life assurance) are not included. Speak to KJB for advice on your circumstances.

Running payroll for a team, or paid through more than one source? Get it right with our tax advisors.

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Businesses

VAT at 7.5%

Add VAT to a net price, or extract it from a VAT-inclusive total. What changed for VAT in 2026.

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VAT is charged at 7.5% under the Nigeria Tax Act 2025.

Net amount₦1,000,000
VAT at 7.5%₦75,000
Total including VAT₦1,075,000

Zero-rated and exempt supplies are not subject to VAT at 7.5%. Input VAT on services and fixed assets is recoverable from 2026 where it relates to taxable supplies.

Need help recovering input VAT or getting ready for e-invoicing? Talk to us.

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Companies

Companies income tax & development levy

Check whether you qualify as a small company and estimate CIT plus the 4% development levy. Who counts as a small company.

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Simplified: assumes assessable and total profits are the same.

Does not qualify as a small company (turnover ≤ ₦100M and fixed assets ≤ ₦250M, excluding professional services).
Companies income tax at 30%₦24,000,000
Development levy at 4%₦3,200,000
Total₦27,200,000

Effective rate on profit: 34.0%

Illustration only. Capital allowances, losses, incentives and the 15% minimum effective tax rate for large groups (turnover ₦50B+) are not modelled.

Planning for the minimum tax, a restructuring or a transaction? Our advisors can model it properly.

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Turn your estimate into a plan

Calculators give a starting point. Book a consultation and we’ll review your actual position under the Nigeria Tax Act 2025.

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