Nigerian PIT Calculator 2025 | TaxKobo - Free Tax Calculator for Freelancers & Influencers

Example Calculation

Sarah's 2025 PIT

Income: €12,000/year (~₦1.7M/month at ₦1,710)

PIT due: ₦3,682,592

Effective rate: 17.9%

Calculate Your PIT

What was your total income last year?

Enter your gross receipts before any deductions

Currency

Average exchange rate (1 EUR = ? NGN) CBN Official Rate

Auto-filled from CBN official rates. You can edit if needed. View rates →

Calculations based on PITA 2025 (Fifth Schedule)

Your Estimated PIT for 2025

₦0

Due by: March 31, 2026

Effective Rate

CRA Benefit

₦0

Filing Deadline

Mar 31
2026

Good news: Your income is below the ₦25M VAT registration threshold.

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Frequently Asked Questions

The calculator uses the official 2025 PITA (Personal Income Tax Act) Fifth Schedule tax bands and CRA formulas. Results are estimates for informational purposes. Actual tax liability may vary based on specific circumstances. Consult a licensed tax professional for filing.

The calculator supports EUR (Euro), USD (US Dollar), GBP (British Pound), and NGN (Nigerian Naira). You can enter your income in any of these currencies, and it will convert to Naira using your specified exchange rate.

The Personal Income Tax filing deadline in Nigeria is March 31st of the following year. For 2025 income, you must file by March 31, 2026 via the LIRS e-Tax portal.

VAT registration is only required if your annual turnover exceeds ₦25 million (current threshold). If your income is below this amount, you are not required to register for VAT. The threshold may increase to ₦50 million in upcoming reforms.

CRA is a tax relief allowance calculated as: max(₦200,000 or 1% of gross income) + 20% of gross income. This amount is deducted from your gross income before calculating your tax liability, reducing the amount of tax you owe.