Bands from 1 January 2026
| Annual taxable income | Rate |
|---|---|
| first ₦800,000 | 0% |
| next ₦2,200,000 | 15% |
| next ₦9,000,000 | 18% |
| next ₦13,000,000 | 21% |
| next ₦25,000,000 | 23% |
| above ₦50,000,000 | 25% |
The old consolidated relief allowance (CRA) is abolished. Pension, NHF and health insurance contributions remain deductible, and you can claim rent relief of 20% of annual rent, capped at ₦500,000, if you declare your rent.
FAQ
How much PAYE on ₦6 million a year in 2026?
₦740,400 for the year (about ₦61,700 a month) with 8% pension and ₦1.2 million rent, leaving about ₦398,300 a month.
Sources (checked 7 Nov 2026): Nigeria Tax Act 2025, Nigeria Revenue Service; PaySpace Nigeria tax reform summary.