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Nigeria Tax Act 2025
Company Income Tax Calculator
Small company (0%) vs Standard (30%) | Minimum tax | Development levy
Enter Company Details
Annual Gross Turnover (NGN)
Total Fixed Assets (NGN)
Assessable Profit (NGN)
New company (first 4 years)
Agricultural company
MNE group (turnover ≥N20B)
Tax Calculation Results
Company Classification
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CIT (on assessable profit)
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Minimum Tax (0.5% of turnover)
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CIT Payable (higher of CIT/Min Tax)
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Development Levy (4% of profit)
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MNE Top-Up (to 15% ETR)
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Total Tax Liability
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Effective Tax Rate
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Small Company (0% CIT)
Turnover ≤ N50M AND fixed assets ≤ N250M. Exempt from CIT, minimum tax, and development levy. Professional service firms excluded.
Standard Company (30%)
All companies above the small threshold pay 30% CIT on assessable profits. Minimum tax of 0.5% of turnover applies if higher.
Development Levy (4%)
Replaces TET (3%) + IT Levy (1%) + NASENI (0.25%) + PTF (0.005%). 4% on assessable profits. Small companies exempt.
MNE Minimum ETR (15%)
Multinationals with ≥N20B aggregate turnover must pay at least 15% effective tax rate. Top-up tax applies if below.