PIT Calculator
Understanding Personal Income Tax
Personal income tax is a tax levied on the income of individuals. It is calculated based on the total income earned by an individual, after deducting allowable reliefs and allowances. The tax liability is determined using a progressive tax rate system, where higher income brackets are taxed at higher rates.
This calculator helps you estimate your tax liability by considering your basic pay, allowances, benefits in kind, business profits, and life assurance contributions. It also provides insights into your net income and effective tax rate. Learn more by reading Understanding Personal Income Tax in Nigeria: A 2025 Complete Guide.