President Bola Ahmed Tinubu has unveiled a new Personal Income Tax Calculator, designed to help Nigerians assess their tax obligations under recently signed tax laws set to take effect from January 2026.
The President announced the digital tool in a post on his official X handle, explaining that it will enable individuals to compare their current payments with projected estimates under the revised tax framework.
Tinubu emphasized that the reforms aim to promote fairness and equity within the tax system, particularly shielding low-income earners from undue burden.
“A fair tax system must never punish poverty or weigh down the most vulnerable,” the President said. “With the new tax laws I recently signed, we have lifted this burden and created a path of equity, fairness, and true redistribution in our economy.”
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According to him, the calculator not only simplifies compliance but also highlights how the reforms guarantee progressivity and transparency in the tax regime.
The tool is accessible via fiscalreforms.ng, where taxpayers can input their earnings to view their estimated obligations. Tinubu described the initiative as part of broader fiscal reforms aimed at strengthening public trust and renewing confidence in Nigeria’s economic future.
“Together, we are renewing hope in the Nigeria of our dreams,” he stated. “Bet on Nigeria to work for you, your family, and your community.”
