1. Worker details
2. Pay table breakdown
3. Deductions table breakdown
Original detail | Translation | Other notes |
Tax Payable |
| The personal income tax rates in Nigeria are progressive. Here’s a summary of the taxable income tax bands and applicable rates on an annual basis:
First ₦300,000: 7% Next ₦300,000: 11% Next ₦500,000: 15% Next ₦500,000: 19% Next ₦1,600,000: 21% Above ₦3,200,000: 24%
Employees earning not more than the national minimum wage (currently ₦30,000) are no longer liable for tax. |
Employee Pension |
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National Housing Fund |
| Under the NHF Act No. 3 of 1992, every Nigerian earning ₦3,000 or more per annum is required to contribute 2.5% of their monthly basic salary to the NHF.
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4. Net pay due to worker
NET INCOME
5. Employer contributions breakdown
6. Employer signature