Fourth Schedule: Individuals' income tax rates
Schedule 4 to the Nigeria Tax Act 2025, as published in the Official Gazette.
Referred to in Section 58.
Referred to in Section 58.
After the relief allowance and exemptions had been granted in accordance with subsection of (1) of section 30 of this Act, the taxable income ascertained shall be taxed at the following rates –
(a)
First N800,000 at 0% ;
(b)
Next N2,200,000 at 15% ;
(c)
Next N9,000,000 at 18% ;
(d)
Next N13,000,000 at 21% ;
(e)
Next N25,000,000 at 23% ; and
(f)
Above N50,000,000 at 25%.
All Schedules
- First Schedule
- Second Schedule
- Third Schedule
- Fourth Schedule
- Fifth Schedule
- Sixth Schedule
- Seventh Schedule
- Eighth Schedule
- Ninth Schedule
- Tenth Schedule
- Eleventh Schedule
- Twelfth Schedule
- Thirteenth Schedule
- Fourteenth Schedule
Source: Nigeria Tax Act, 2025 (Act No. 7 of 2025), Official Gazette No. 117, Lagos, 26 June 2025. General information, not tax or legal advice.