Nigeria Corporate Tax Calculator 2026
Calculate Nigerian Companies Income Tax (CIT). Large companies: 30%. SMEs: 20%. Optional minimum tax at 1% (large) or 0.5% (SME). Includes pie chart and bar chart comparisons.
How Corporate Tax works in Nigeria
Companies Income Tax (CIT) in Nigeria is 30% for large companies (turnover above NGN 25 million) and 20% for SMEs (turnover up to NGN 25 million). A minimum tax of 0.5-1% of gross turnover applies where no profit is declared or CIT is below the minimum threshold.
Nigeria Corporate Tax Calculator 2026
Calculate Nigerian corporate income tax — 30% large, 20% SME, minimum tax 0.5-1%. Free calculator with bar chart.
2026 Nigeria CIT:
- Large companies: 30%
- SMEs (turnover ≤ NGN 25M): 20%
- Minimum tax: 1% (large) / 0.5% (SME)
Taxable Profit₦10,000,000
Corporate Tax₦3,000,000
Effective Rate30.0%
Net Profit₦7,000,000