President Bola Tinubu has launched a new Personal Income Tax (PIT) Calculator, expected to become fully operational in January 2026.
The tool, introduced via a video message on his official X account late Thursday, allows Nigerians to estimate their tax liabilities under upcoming reforms set to take effect in January 2026, while comparing them to current obligations.
“A fair tax system must never punish poverty or weigh down the most vulnerable. With the new tax laws I recently signed, taking effect from January 2026, we have lifted this burden and created a path of equity, fairness, and true redistribution in our economy.” President Tinubu stated in his message.
How The Personal Income Tax Calculator Works
President Tinubu encouraged widespread use of the calculator, noting, “It allows you to check your estimated tax under the new laws against what you currently pay. It shows clearly how these reforms protect low-income earners, ensures progressivity, and simplifies compliance in order to deliver a transparent system that works for all.”
To access the calculator, Nigerians can visit the official website at https://fiscalreforms.ng/index.php/pit-calculator/. No registration is required, and it is designed for quick, user-friendly interactions on desktops or mobile devices.
Users are required to input details such as:
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Gross annual income
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Contributions (NHF, NHIS, pension)
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Interest on loans
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Life insurance premiums and rent
Then click “calculate PAYE tax comparison” to get personalized estimates.