TAX CALCULATOR
PERSONAL INCOME TAX(PIT)
COMPANY INCOME TAX(CIT)
PERSONAL INCOME TAX
EMPLOYED
SELF EMPLOYED
PARTNERSHIP
EARNED INCOME
SALARIES AND WAGES
BONUS
ALLOWANCES
GRATUITY
COMPENSATIONS
BENEFITS
(INCLUDING BENEFITS IN KIND, PERQUISITES, COMPENSATION, & PROFIT SHARING)
PENSION INCOME
PREMIUM
OTHER EMPLOYMENT INCOME
UNEARNED INCOME
RENT
FEES
COMMISSION
INTEREST FROM UNQUOTED COMPANIES
DIVIDEND FROM UNQUOTED COMPANIES
INTEREST FROM QUOTED COMPANIES
DIVIDEND FROM QUOTED COMPANIES
OTHER INCOME
DIDUCTIONS ((TAX RELIEFS))
PENSION CONTRIBUTION
NHIS CONTRIBUTION
NHF CONTRIBUTION
GRATUITY
LIFE ASSURANCE PAYMENTS
DIVIDENDS (from quoted companies)
INTEREST (from quoted companies )
GROSS ANNUAL INCOME
STATUTORY RELIEF
CONSOLIDATED RELIEF ALLOWANCE (1% of Gross income or N 200,000 + 20% of earned income)
TOTAL NON-TAXABLE INCOME
TAXABLE INCOME
TOTAL TAXABLE INCOME
TOTAL ANNUAL TAX PAYABLE
WITHOLDING TAX
ANNUAL TAX DUE
TOTAL MONTHLY TAX