CIT Nigeria
Updated for 2026Company Income Tax (CIT) Calculator Nigeria (2026)
Calculate Nigeria Company Income Tax (CIT) with Development Levy (4%), small company exemption checks, and the 15% minimum effective tax test—fast, transparent, and ready for download.
Start in 30 seconds
CIT (est.)
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Development levy (est.)
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Checks
Small company? • 15% min ETR?
Preview only — open the full calculator to enter your numbers and see actual results (CIT + levy + checks).
Development Levy (4%) Calculator
The calculator shows your levy alongside CIT and handles non-resident exemptions.
Small Company Exemption Test
Turnover ≤ ₦50m and fixed assets ≤ ₦250m, and not professional services/MNE? CIT may be 0% and levy may not apply.
Minimum Effective Tax (15%) Check
For MNE group entities with turnover ≥ ₦20bn, we run the 15% minimum effective tax test.
Taxable Profit vs Net Profit Before Tax
Taxable profit (assessable/total profit) = PBT adjusted for disallowed expenses, exempt income, capital allowances, loss relief, and balancing adjustments. Use your tax comp; the calculator can prefill from PBT if you opt in.
Legacy terms (TET/NITDA/NASENI/PTF)
The 4% Development Levy replaces older references like TET/NITDA/NASENI/PTF; the calculator uses current rules.
What you’ll need
- Revenue/turnover
- Fixed assets
- Taxable profit (or PBT)
- Depreciation and personnel cost (for minimum tax base)
What you’ll get
- CIT + Development Levy breakdown
- Eligibility checks (small company, non-resident, MNE/min ETR)
- Downloadable/printable report via the full calculator
How TaxCalc calculates CIT
- You enter turnover, taxable profit (or PBT), and company status.
- Optional: we estimate taxable profit from PBT if you ask.
- We apply size/status rules to compute CIT.
- We compute development levy (handling non-resident exemptions).
- We run small company and 15% minimum ETR checks and show a breakdown.
Example scenarios
Starter retail
Turnover ₦18m, assets ₦80m, and not professional services → likely small company (0% CIT; development levy does not apply).
Inputs: turnover 18m, assets 80m, taxable profit 5m.
Consulting firm
Turnover ₦60m, assets ₦120m, professional services → not small; standard CIT, levy if resident.
Inputs: turnover 60m, assets 120m, taxable profit 15m.
MNE / large
Turnover ₦25bn, MNE group → 15% minimum ETR check; CIT + levy computed, top-up if below 15%.
Inputs: turnover 25bn, taxable profit 6bn, MNE = Yes.
FAQs
What is Company Income Tax (CIT) in Nigeria?+
CIT is charged on a company’s taxable profit after statutory adjustments. Under the 2026 rule set used here, small companies are taxed at 0%; other companies are taxed at 30%.
Who pays the Development Levy and how is it calculated?+
Most resident companies pay a 4% levy; non‑resident companies are exempt. The calculator shows the levy alongside CIT.
What is a small company and when is CIT exempt?+
If turnover ≤ ₦50m and fixed assets ≤ ₦250m, and the business does not provide professional services, CIT is 0% and development levy does not apply. Separate minimum-effective-tax checks may still apply where triggered.
What does the 15% minimum effective tax rate mean?+
For MNE group entities, and other companies with aggregate turnover of at least ₦20bn, a 15% minimum effective tax may apply; the calculator runs this check.
Taxable profit vs PBT: which should I use?+
Taxable profit (assessable/total profit) is PBT adjusted for disallowed expenses, exempt income, capital allowances, loss relief, and balancing adjustments per CITA. Use your tax computation figure when available.
Related guides
Estimates only. File with your finalized tax computation under the Companies Income Tax Act (Nigeria Tax Act 2025). Development levy and 15% minimum ETR checks follow current rules—confirm they apply to your company.
Premium subscribers can download clean PDFs from the calculator; all users get on-page breakdowns.