₦airaland Forum

Nairaland fam, if you're confused about how the new Nigerian tax law affects your salary, you're not alone.

Since the Nigeria Tax Act 2025 kicked in on January 1, 2026, thousands of employees, HR managers, and accountants have been scrambling to figure out what their actual take-home pay is under the new system.

That's exactly why DesignVAT's free Nigeria PAYE Calculator was built, to give you an accurate, up-to-date calculation based on the new 2026 tax rules. No spreadsheets, no guesswork. Just enter your salary and get your real numbers instantly.

https://designvat.com/nigeria-new-tax-law-2026-calculator

What Changed Under the New Nigeria Tax Law (NTA 2025)?
On June 26, 2025, President Tinubu signed four landmark tax reform bills into law: the most sweeping overhaul of Nigeria's tax system since 1999. The changes took full effect from January 1, 2026 and affect every salary earner in the country.
Here are the key things that changed for employees:
1. New Tax-Free Threshold: ₦800,000 Annually

If your annual income is ₦800,000 or below, you now pay ZERO income tax. Under the old system, everyone paid tax from the first naira (after a ₦300,000 threshold). This is a huge relief for lower-income earners.

2. New Progressive PAYE Tax Bands
The 2026 bands are:

0% — First ₦800,000
15% — ₦800,001 to ₦3,000,000
18% — ₦3,000,001 to ₦12,000,000
21% — ₦12,000,001 to ₦25,000,000
23% — ₦25,000,001 to ₦50,000,000
25% — Above ₦50,000,000

These are marginal rates, meaning you only pay each rate on the income that falls within that bracket, not on your total salary.

3. Old CRA Is Gone: Replaced by Rent Relief

The Consolidated Relief Allowance (CRA) that many people used to reduce their taxable income has been abolished. In its place is a new Rent Relief, you can now deduct 20% of your annual rent paid, up to a maximum of ₦500,000. This is especially relevant for workers in Lagos, Abuja, and Port Harcourt where rent is a major expense.
4. Pension and NHF Deductions Still Apply

Your 8% employee pension contribution and 2.5% National Housing Fund (NHF) contribution still reduce your taxable income before PAYE is applied.

Why Most People Are Getting Their Calculations Wrong
Many people are either still using the old PAYE formula, using calculators that haven't been updated, or applying flat rates instead of the correct progressive bands. One mistake early in the calculation can throw off your entire figure.
The DesignVAT PAYE Calculator handles all of this automatically:

Applies the correct 2026 NTA tax bands
Deducts pension and NHF correctly
Factors in rent relief where applicable
Shows you monthly and annual breakdown
Compares your old vs new tax liability

Who Should Use This Calculator?

- Salary earners wanting to know their real take-home pay
- HR professionals running payroll for staff
- Accountants and finance officers needing quick reference calculations
- Small business owners processing employee wages
- Job seekers negotiating salary offers and wanting to know net pay

Try It:
The DesignVAT Nigeria PAYE Calculator is available for download at www.designvat.com.
Calculate your 2026 PAYE now: [Insert your link here]

Note: This calculator is provided for informational and estimation purposes. For formal tax advice, consult a qualified tax professional or the Nigeria Revenue Service (NRS).

The Vehicle Maintenance Solution is a user
friendly Spreadsheet designed to assist with logging & tracking Maintenance Activities | Fuel Purchases for multiple Vehicles.

Who needs this?
This is useful for commercial fleet businesses who operate & maintain multiple vehicles.

Every time you repair or have maintenance work done on a Vehicle it's important to document it:

- Which Vehicle from your fleet
- What the repair entailed
- How much you spent
- Who performed the repair activity

Keeping this maintenance log is very important as it helps you measure the cost of owning the vehicle - the profitability or otherwise.

Features:

1) Vehicle Database:
Create a Register for all Vehicle with fields to store Model, Brand, VIN Number, Plate Number, etc.

2) Maintenance Log:
Log repair work performed on an individual Vehicle:
- Repair Date
- Repair Part: Air Filters, Brakes, Coolant Levels, Engine, etc.
- Technician
- Cost

3) Fuel Purchase Log:
Track Fuel expenses by Vehicle - Daily Purchases & Generate Monthly Summary.

Add On Features:
1) Preventive Maintenance (PM):

Prepare a PM Schedule for each Vehicle. It’s easy to forget when your next oil change is due when you manage multiple vehicles, this feature enables you :
- Define frequency of Routine Service (Oil Change, Plug Change, etc.)

E.g. Change oil every 2 months.

- Generate Monthly PM Reminder Calendar
- Document Defects and Pending Repairs

2) Vehicle & License Renewals

- Assign Drivers to Vehicles
- Track Driver Licence Renewals
- Generate Renewal Reminder Calendar
- Monitor Annual Vehicle Documents Renewals

Demo Video:

https://www.youtube.com/watch?v=-7PVuAd4_VU


Learn More:
http://www.designvat.com/Fleet-Management-Spreadsheet.html

Event Planners All-in-One Solution

Are you a Fleet Manager?
Need to track your Vehicle | Equipment Maintenance & Fuel Purchase?

Managing a pool of Vehicles can be quite challenging - manually tracking Maintenance Cost, Renewal Dates etc. is not only tasking & inefficient but also time consuming.

Introducing an All-in-one Solution for Businesses into Fleet Management like Transport / Logistics Services, Haulage, Equipment Rentals, etc.

Features:
✔️ Create Vehicle Register
✔️ Track Fuel Purchase Per Vehicle
✔️ Track Maintenance Cost: Servicing, Labour Cost, Part Replacement Cost, etc.
✔️ Track Vehicle Mileage [Starting & Ending Odometer Reading]
✔️ Monitor Vehicle Requisition & Usage
✔️ Generate Multiple Reports
Interested?
Call: 0807 577 9414 or visit: www.designvat.com

Watch Demo on our YouTube channel:
https://www.youtube.com/watch?v=-7PVuAd4_VU

Learn More: http://www.designvat.com/ExcelTemplates/Vehicle-Maintenance-Tracker-Spreadsheet.html

Accounting Solution For Small Business

Try out DesignVAT Savings & Loans Tracking Spreadsheet:

Firstly what's Thrift | Ajo | Esusu | Contribution?
It's a scheme where a group of people come together to each put an agreed sum of money (daily, monthly, etc).
If your Business offers this service, then this Spreadsheet is for you.

Record Keeping for Small Cooperatives can be quite tasking due to the number of members & transactions involved.
Basic Record Keeping involves:

✔️ Storing Customer Information
✔️ Tracking Customer Deposits & Withdrawal Transactions
✔️ Monitoring Small Loans & Interest Payments
✔️ Tracking Business Expenses
✔️ Generating Monthly Profit & Loss Statement
✔️ Generating Customer Transaction Summary

While you can achieve this manually, our Contribution Spreadsheet simplifes the process; enabling you easily monitor your Customers Transactions.
.
For just N10,500 you can download a copy for your Business Today.
Demo:
https://www.youtube.com/watch?v=Nz2NZ8kvvS0
Website: www.designvat.com

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#ProjectManagement Spreadsheet

We all undertake Projects from time to time; this can be on a Personal Level (Wedding, Birthday Planning) or Commercial Level where we charge for a service rendered.

 A Project is basically an activity that produces a specific output and or outcome.

There are 2 key aspects of Project Management:
✔ Progress and Status Management
✔ Cost Management

At DesignVAT we've created a user friendly spreadsheet to assist with the latter - Project Cost Management for Small Business.

Our PM Spreadsheet enables you:

✔ Store Customer | Contractors | Employee Information
✔ Create Projects and link with Customers and Contractors
✔ Assign jobs to Contractors per Project
✔ Track Customer & Contractor Payments
✔ Track Business Income and Expense
✔ Generate Project Summary listing all jobs.
✔ Generate a Monthly Profit and Loss Statement

Powered with #microsoftexcel, this Spreadsheet enables you monitor your Project Spending, Save Time & Be More Productive.

Demo Video:
https://www.youtube.com/watch?v=e6DkN4rdAk0

Call 0807 577 9414 or visit our Website: www.designvat.com

Demo Video: https://www.instagram.com/p/Bx4r6wWlfp2/?igshid=vqoyvxbt2e7g

#EventPlanners Get Organised!

DesignVAT Newly Improved Event Planners Spreadsheet is designed to make your job 10x easier.

Easily Create Events | Assign Vendors | Monitor Customer Payments & so much more.

Benefits:
✔️ Organized Customer & Vendor Records:
Database to Store Customer | Vendor Information (Name, Phone Number, Contact Info).

✔️ Events Database:
Structured Database to Create Events | Assign Vendors | Track Customer Payments.

✔️ Automated Monthly Events Calendar:
Displays Events Scheduled For a Selected Month.

✔️ Effective Vendor Management:
Track Vendor Payment Per Event & Outstanding

✔️ Automated Event Summary:
Generated after every Event, reflecting Event Description | Income Earned | Amount Spent (Décor, Equipment, Food & Catering, etc), Vendors Paid.

✔️ Cashflow Management:
Track Monthly Business Income | Expense | Profit

Achieve all with DesignVAT Standard Event Planners Spreadsheet.

Order Now: Call 0807 577 9414 | Use Bio Link

Demo:
https://www.youtube.com/watch?v=_xlSEeYUlFc

Learn More: http://www.designvat.com/ExcelTemplates/Event-Planning-Spreadsheet.html

Every Business needs a Solution to track, at a minimum, Revenue | Expense | Profit.

✔️✔️Revenue:
Business Revenue is money earned as a result of any Business activity. This activity could be offering a service, selling products, etc.

✔️✔️ Expense:
Business Expense is any cost incurred in carrying out a Business.

Direct Cost ( Cost of Goods Sold, Cost of Service)
Indirect Cost ( Rent. Utilities, Salaries, etc. )

✔️✔️Profit:
Business Profit is when Revenue is greater than Costs. Every Business strives to maximize profit.

DesignVAT Income & Expense Spreadsheet is a user friendly Solution that assists you with:

✔ Tracking your Daily Revenue & Expenses
✔ Generating a Monthly Profit & Loss Statement
✔ Storing Customer Information
✔ Generating a PDF Invoice
✔ Generating Monthly Reports

Powered with Microsoft Excel, the I&E Spreadsheet is a must have for every Small Business.

Demo Video:
https://www.youtube.com/watch?v=pUjU4x25Zk8
Interested: Call 08075779414 or visit: www.designvat.com

Business Spreadsheets you need to Simplify Record Keeping and stay on top of your Business Numbers.

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Well, though depending on the engagement letter, an employer as the right to sack an employee, except it's clearly stated in the letter that a notice or payment in lieu is required.

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Towing rope is also very very important

Hello Business Owners,

Every Business Owner needs a Solution to track and monitor their daily Sales, and Expenses.

Monitoring your Cashflow (Income & Expense) is very crucial as it enables you measure if and how you're growing as a Business.

A challenge most of us face is affordability as most Accounting Solutions are expensive for the average Startup, usually require monthly subscription payments.

At DesignVAT to assist and ensure all businesses keep records we've designed a user friendly Accounting Spreadsheet for Small Business.

With this Spreadsheet you can:

1) Track your Daily Sales and Expenses

2) Create PDF Invoices for Customers

3) Store Customer and Vendor information

4) Track Credit Sales to Customers and Credit Purchases from Suppliers enabling you know all Customers that owe you and all suppliers you owe.

5) Create a Monthly Profit & Loss Statement : This enables you compare your Monthly Performance - did you sell more in the 1st Quarter of 2018 Vs the 2nd quarter.

This and lots more can be achieved with our Spreadsheet.

Click here to watch demo:
https://www.youtube.com/watch?v=pUjU4x25Zk8

Click here to Place order: http://www.designvat.com/ExcelTemplates/Standard-Inventory-Spreadsheet.html

Ask questions via WhatsApp: 08075779414

Hello Event Professionals,

The world of Event Planning entails alot leaving little or no time for Accounting and Record keeping. Even when we manage to squeeze out time, using Microsoft Excel or other applications can be quite challenging to track Payment, Income and Profit.

At DesignVAT, to make Event Planning 10x Easier, we've designed a user friendly Event Planners Accounting Spreadsheet which comes with a tutorial video.


With this Solution you can easily:

1) Store Customer & Vendor Contact Info - Phone Number, Email Address etc. It provides a database for all your contacts.

2) Create Events , link Customers to Events and assign Vendors.
This way you can track and monitor your Events, view payment history, vendor used, etc.

3) Track Customer payments and outstanding . As with most Service Based industries, customers don't pay the complete charge at one, you receive a part payment at the start and the balance usually at the end.

Our Spreadsheet helps you track payments you've received so you know the total amount you're being owed and the associated customers.

4) Track Vendor payments and outstanding . With this Solution you can assign vendors to multiple Events and track payment per Event. This way at any point in time you know the total number of vendors you owe and the Events you owe for.

5) Create Event Summary : you can create an Event Summary after each event which you can print and send PDF to Customer or use for your Business documentation.
The summary list the Customers information, Event Charged, all vendors used, amount paid, etc.

6) Monitor Monthly Income & Expense : The Solution creates a Monthly Profit & Loss Statement. With this you can measure your business performance, see how you are growing. In addition you can compare monthly Income,i.e. January Vs February Vs March.

This and much more can be achieved with our Event Planners Accounting Spreadsheet.

You can watch demo here:
https://www.youtube.com/watch?v=_xlSEeYUlFc

Place your order here: http://www.designvat.com/ExcelTemplates/Event-Planning-Spreadsheet.html

Ask Questions via WhatsApp here: 08075779414

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Ouch. This is sad and can lead to depression.
Bloggers na, pity the guy

Wow, a billionaire. Please where do these people meet , lol. Let me keep my friends

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busterr:
We've been wondering about Tobi's connections with heritage Bank?

You Don mean it. Of all things to wonder about in this country it's tobis connection with una abeg swerve

This killed me mehn.lol

Personally I don't think he did it consciously. Sometimes you just need to place your hand somewhere and that happened to be the place.

One day I go feature on this list. One day one day. Just watch

The 2nd is the most important mehn.
In this digital age, you just gass get digital skills oh.

Also continuous development is very necessary, with the wave of Google, we have too much information sef at our disposal, just freaken too much.
Gone are the days when not having funds to buy books was a limiting factor, now na to select remain. You are only limited by your willingness to want to learn.

At the end of the day money brings respect and opens doors.
Just try to die an hero oh, because if you live long enough for naija you go turn villian.

Damn.
I was still eyeing the Note 8, before this.
Mehn oh mehn. Money is a necessary evil oh. Damn
Amazon - $720 = N259,200
Nigeria retailers = N400,000

Damn, all these stories we hear sef.
Man strangles wife,
Wife butchers husband,
Lady burns house help,

Na wa o.