Tinubu Launches Personal Income Tax Calculator Ahead of 2026 Reforms

Share

President Bola Ahmed Tinubu on Friday unveiled a Personal Income Tax calculator, a new digital tool designed to help Nigerians estimate how much they will pay under the federal tax reforms that come into effect in January 2026.

The President announced the tool in a post on his official X account, saying it enables citizens to compare their current tax obligations with projected payments under the new system. The calculator, he said, is part of efforts to establish “a fair and transparent tax regime” in Nigeria.

“A fair tax system must never punish poverty or weigh down the most vulnerable,” Tinubu wrote. “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.”

According to the administration, the reforms aim to protect low-income earners, strengthen progressivity in taxation, and simplify compliance procedures.

“A Personal Income Tax Calculator has been developed. 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, ensure progressivity, and simplify compliance in order to deliver a transparent system that works for all,” Tinubu said.

He added:

“Together, we are renewing hope in the Nigeria of our dreams. Take a bet on our country. Bet on Nigeria to work for you, your family, and your community.”

The calculator is available on the government’s fiscal reform portal: fiscalreforms.ng/index.php/pit-calculator.

Background on Nigeria’s Tax Reform

The Tinubu administration signed the new Personal Income Tax Act reforms earlier this year, with implementation scheduled for January 2026. The legislation is part of broader fiscal policy changes aimed at improving government revenue while ensuring that tax obligations are not disproportionately borne by the poor.

Economists have described the reforms as a step toward modernizing Nigeria’s tax structure, though they caution that execution and public awareness will be critical to their success.

Leave a Reply

Your email address will not be published. Required fields are marked *