Tax stress is real, but overpaying is worse. This tool cuts the confusion and shows your actual total tax liability in Nigeria, whether you are running a business or earning a salary. Forget spreadsheets; this is fast money clarity.

Quick Start: Your Tax Liability in 3 Steps

This calculator estimates your full tax burden, giving you the final amount you owe (or keep).

Step 1: Tell It Who You Are 👤🏢

First, select your Taxpayer Type. This is the most important step because it changes the tax rules applied.

• Individual (👤): Select this if you are a salaried employee or a sole proprietor paying Personal Income Tax (PIT).
• Company (🏢): Select this if you are calculating Company Income Tax (CIT).

Step 2: Input Your Money Figures

The fields change based on your choice in Step 1.

If You Chose Individual:

• Income Information: Enter your Annual Salary, Business Income, and any Capital Gains. The calculator uses all three to find your Gross Income.
• Deductions (Optional): Input your contributions for Pension, NHF (National Housing Fund), and NHIS (National Health Insurance Scheme). These items are usually deducted before tax is applied, reducing your final bill. That’s smart money management.

If You Chose Company:

• Total Profits Before Tax: Enter your total assessable profit for the year.
• Annual Turnover: Enter your total yearly sales. The tool checks if you qualify as a Small Company (Turnover $\leq$ ₦50 million) for a 0% tax rate. That’s the dream, right?

Step 3: Hit Calculate and Get Clarity

Click the Calculate Total Tax Liability 🚀 button. The tool instantly generates a comprehensive report.

The result section gives you two key answers:

• Total Tax Liability: The final amount due, summarized in the large purple box.
• Net Income After Tax: The money left in your pocket (or bank account) after all taxes are paid.

It also includes a Breakdown showing exactly where the tax comes from: Personal Income Tax (for individuals) or Company Income Tax and Development Levy (for companies). This helps you see the actual rate applied to your income. It is the clearest picture of your financials you will get all year.

Ready to see the number?