President Bola Tinubu has launched a new Personal Income Tax Calculator. The tool will help Nigerians see how much they will pay under the 2026 tax reforms.
Easier Comparison of Tax Rates
In a post on his official X account, Tinubu explained the calculator’s purpose. It allows citizens to compare their current tax with future estimates. As a result, Nigerians can quickly understand how the new reforms will affect their income.
Building a Fair and Progressive System
According to the President, the reforms aim to create a fairer and more progressive tax system. Importantly, they will remove the burden on low-income earners. He stressed that the laws are designed to support equity, fairness, and redistribution.
“A fair tax system must never punish poverty or weigh down the most vulnerable,” Tinubu said.
Simpler Compliance and Transparency
Furthermore, Tinubu noted that the calculator makes the process easier. It highlights how low-income earners remain protected under the new system. In addition, it simplifies compliance and improves transparency.
Renewed Hope for Nigerians
Finally, the President urged Nigerians to trust the reforms. He encouraged citizens to “bet on Nigeria” and believe that the system will work for families, communities, and the economy at large.
The Personal Income Tax Calculator is now available at https://fiscalreforms.ng/index.php/pit-calculator/.
