Tinubu shows impact on incomes by unveiling tax calculator
President Bola Tinubu on Friday encouraged Nigerians to try a newly inaugurated Personal Income Tax calculator that estimates how much would be paid under the tax reforms which was signed into law by his administration.
On his official X account, the President said the calculator allows citizens to compare their estimated tax under the proposed reforms with current rates, and ensure a clear understanding of the impact on individual incomes.
He said the reforms, which take effect from January 2026, are intended to establish a fair tax system, one that never punishes poverty or weighs down the most vulnerable.
He said, “A fair tax system must never punish poverty or weigh down the most vulnerable.
“With the new tax laws I recently signed, taking effect from January 2026, we have lifted this burden and created a path of equity, fairness, and true redistribution in our economy.
“A Personal Income Tax Calculator has been developed. It allows you to check your estimated tax under the new laws against what you currently pay.
“It shows clearly how these reforms protect low-income earners, ensure progressivity, and simplify compliance in order to deliver a transparent system that works for all.”
Tinubu declared, “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.”
Access the Personal Income Tax calculator on https://fiscalreforms.ng/index.php/pit-calculator/.
