🇳🇬 Nigeria Statutory Tax Guide
Nigeria Tax Brackets & Rates (2026)
Comprehensive statutory tax rates, withholding thresholds, social contributions, and deduction rules governed by Federal Inland Revenue Service (FIRS).
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📜 Statutory Authority & Legal Framework
In Nigeria, personal income taxation is administered by the Federal Inland Revenue Service (FIRS) under the authority of Personal Income Tax Act (PITA).
Nigerian progressive PAYE tax ranging from 7% to 24% with CRA and 8% statutory PENCOM pension deduction.
📊 2026 Progressive Marginal Tax Brackets
ISO: NGN| Income Bracket (₦) | Marginal Tax Rate | Bracket Type |
|---|---|---|
| First ₦300,000 (7%) | 7.0% | Tier 1 |
| Next ₦300,000 (11%) | 11.0% | Tier 2 |
| Next ₦500,000 (15%) | 15.0% | Tier 3 |
| Next ₦500,000 (19%) | 19.0% | Tier 4 |
| Next ₦1,600,000 (21%) | 21.0% | Tier 5 |
| Above ₦3,200,000 (24%) | 24.0% | Tier 6 |
🛡️ Mandatory Social Security & Pension Contributions
PENCOM Pension
Employee Share: 8.0%
Employer Share: 10.0%
Frequently Asked Questions: Nigeria Taxation
What are the income tax brackets in Nigeria? ↓
Nigeria operates a progressive tax system administered by Federal Inland Revenue Service (FIRS) under Personal Income Tax Act (PITA).
What social security or pension contributions apply in Nigeria? ↓
Mandatory contributions include: PENCOM Pension (8.0%).