PAYE Tax in Nigeria: Complete Guide to Understanding Your Monthly Salary Deductions
Introduction
Chioma just received her first payslip from her new job at a marketing agency in Lagos. Her agreed salary was ₦150,000 monthly, but the actual amount in her account was ₦137,033. When she looked at the deductions, she saw "PAYE: ₦12,967" and wondered: What exactly is PAYE tax in Nigeria? How did they calculate this amount? Is this even correct?
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