Employer Tax Contributions

Tax Type	Rate	Base
PAYE (Pay-As-You-Earn)	7% - 24% (progressive)	Taxable income of employees
Pension	Employer: 10%, Employee: 8% (Total 18%)	Employee's monthly emoluments (basic salary, housing, transport allowances)
ITF (Industrial Training Fund)	1%	Total annual payroll (for employers with 5+ employees or annual turnover over ₦50 million)
NSITF (Nigeria Social Insurance Trust Fund)	1%	Employees' monthly payroll

Filing & Compliance

• PAYE remittances are due by the 10th day of the following month. Employers must file annual PAYE returns by January 31 for the preceding year.
• Pension contributions are due within seven working days after salary payment.
• ITF annual returns are due by April 1.

Income Tax Brackets

Income Range	Tax Rate
First NGN 300,000	7%
Next NGN 300,000	11%
Next NGN 500,000	15%
Above NGN 3,200,000	24%,

Employee Contributions

Deduction Type	Rate	Cap
Pension Fund	8% of basic salary, housing, and transport allowance (employee)	N/A
National Housing Fund (NHF)	2.5% of basic salary,	Applicable to employees earning a minimum of NGN 30,000 per annum
National Health Insurance Scheme (NHIS)	5% of basic salary (employee)	For employers with 10 or more employees

Personal Allowances

• Consolidated Relief Allowance (CRA): Higher of NGN 200,000 per annum or 1% of annual gross income, plus 20% of the gross income per annum.,
• Life insurance premiums paid for self or spouse.,
• Contributions to an approved pension fund, National Health Insurance Scheme, and National Housing Fund.,