Free Tax Calculator

Estimate tax on rental income.

Plan annual tax on rent received, after expenses and mortgage interest.

Annual tax on rent received after expenses and mortgage interest.

Estimates only. Based on the information you enter.

Maintenance, agency fees, insurance, and similar.
Select the state relevant to this estimate. This calculator uses the same federal tax bands across states. State selection is retained for PAYE jurisdiction context.

Not included in this estimate

  • Short-let / hospitality rules (Airbnb-style)
  • Capital allowances on rental property
  • Multiple properties with loss pooling

Rental income

Example

Suggested monthly tax reserve

FAQ

Do I need an account?
No. Calculate and review your estimate for free. Enter your email to download your PDF, or optionally email a copy.
How does state selection work?
Select the state relevant to this estimate. Federal PAYE bands are the same across states in this calculator. State selection is retained for PAYE jurisdiction context.
Living in Lagos?
Have your L-Number (State Payer ID) ready when you prepare an official payslip. You can review amounts in the free payslip generator after calculating here.
Is this my exact payslip?
No. It is a representative estimate based on the assumptions you enter.

Disclaimer

Estimate only. Rental income rules vary by property type and records. This is not a tax return. Disclaimer: This calculator provides an estimate based on the Nigerian tax rules and Staff Pay calculation assumptions applicable to the selected inputs and calculation year. Actual tax obligations and take-home pay may differ because of individual circumstances, employer records, applicable regulations, year-to-date income, previous employment, relief evidence, and information not provided to this calculator. This tool is for informational purposes only and does not constitute tax, legal, or financial advice. It does not file a return, remit tax, or confirm that any deduction has been paid. Review important decisions with a qualified tax adviser or the relevant tax authority. For payroll management, payslips and compliance tracking, use Staff Pay.

Need a printable payslip layout? Try the free payslip generator.