Nigerians were encouraged by President Bola Tinubu on Friday to use a recently released Personal Income Tax calculator that calculates the amount that would be paid under the tax reforms that his administration just enacted.
The President stated in a post on his official X account that the calculator enables citizens to ensure a full knowledge of the impact on individual incomes by comparing their predicted tax under the proposed amendments with current rates.
According to Tinubu, the goal of the reforms, which go into effect in January 2026, is to create a just tax system that never penalises poverty or burdens the weakest members of society.
“A fair tax system must never penalise poverty or burden the most vulnerable,” he stated.
“We have removed this burden and established a path of equity, fairness, and true redistribution in our economy with the new tax laws I recently signed, which go into effect in January 2026.
“A calculator for personal income taxes has been created. It enables you to compare your existing tax payment to your predicted tax under the new laws.
“It demonstrates unequivocally how these reforms safeguard low-income earners, guarantee progressivity, and streamline compliance to provide an open system that benefits everyone.”
“Together, we are renewing hope in the Nigeria of our dreams,” Tinubu added.
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https://fiscalreforms.ng/index.php/pit-calculator/ is the URL to the Personal Income Tax calculator.
