Company Income Tax Calculator

Calculate your company's tax liability under the Nigeria Tax Act 2025. Determine your classification (Small or Large), CIT at 30%, Development Levy at 4%, and whether the 15% minimum Effective Tax Rate applies.

Company Financial Details

Enter your company's annual financial figures.

Gross Turnover

₦

Allowable Expenses

₦

Capital Allowances

₦

Total Fixed Assets

₦

Capital Gains (if any)

₦

Profit Before Tax

₦

Company Classification

Small

Company Classification

These affect whether your company qualifies as "Small" (exempt) or "Large".

Professional Services Firm

Professional services firms cannot qualify as "Small"

Multinational Group Member

Aggregate group turnover ≥ €750M — triggers 15% minimum ETR

Your company qualifies as Small

Small companies (turnover ≤ ₦100M, fixed assets ≤ ₦250M, not professional services) are exempt from CIT, CGT, and Development Levy.

Disclaimer: NaijaTax is an estimation tool only and does not constitute tax, legal, or financial advice. Calculations are based on publicly available interpretations of the Nigeria Tax Act 2025 and may not reflect the final gazetted provisions or subsequent amendments. Tax obligations vary based on individual circumstances. Always consult a qualified tax professional or the Nigeria Revenue Service (NRS) for definitive guidance on your tax obligations. NaijaTax is not affiliated with FIRS, NRS, or any government agency.

Accuracy Notice: While we strive for accuracy, discrepancies have been reported between certain gazetted provisions of the NTA 2025 and the versions passed by the National Assembly. We monitor official communications and update our calculations accordingly, but cannot guarantee 100% accuracy. Last updated: March 2026.