Tax Comparison Tool
Compare tax across years or between salary scenarios
₦
Tax Bracket Comparison
2024 Brackets (Old)
₦0 - ₦300,0007%
₦300,001 - ₦600,00011%
₦600,001 - ₦1,100,00015%
₦1,100,001 - ₦1,600,00019%
₦1,600,001 - ₦3,200,00021%
Above ₦3,200,00024%
2025 Brackets (New)
₦0 - ₦800,0000%
₦800,001 - ₦2,800,00015%
₦2,800,001 - ₦5,200,00018%
₦5,200,001 - ₦10,200,00021%
₦10,200,001 - ₦40,200,00023%
Above ₦40,200,00025%
Key Changes:
- • 0% tax for income up to ₦800,000 (minimum wage protection)
- • First taxable bracket starts at 15% (down from 7% on lower income)
- • Maximum rate is 25% (up from 24%)
- • Fewer brackets (6 vs 6, but wider ranges)
- • 98% of workers pay less tax