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President Bola Tinubu has unveiled a new Personal Income Tax Calculator designed to help Nigerians understand the impact of recently signed tax reforms on their earnings.
In a post shared on his official X account on Friday, the President explained that the tool enables individuals to compare what they currently pay with the amount they would be taxed once the reforms take effect in January 2026.
According to him, the reforms are aimed at creating a fair and transparent tax system that protects low-income earners and does not impose additional burdens on the vulnerable.
“A fair tax system must never punish poverty or weigh down the most vulnerable. With the new tax laws I recently signed, effective from January 2026, we have lifted this burden and created a path of equity, fairness, and true redistribution in our economy,” Tinubu said.
He added that the calculator was developed to promote clarity, progressivity, and compliance by showing taxpayers exactly how the changes would affect them.
“It demonstrates how these reforms safeguard low-income earners, simplify compliance, and build a transparent system that works for everyone,” he noted.
Encouraging citizens to embrace the reforms, Tinubu said: “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 Personal Income Tax Calculator is available on the government’s fiscal reforms portal at https://fiscalreforms.ng/index.php/pit-calculator/.
Written by: Umar Abdullahi
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