- Tinubu Highlights Benefits of Tax Reforms with Launch of Income Tax Calculator
- The reforms will take effect from January 2026
- He urged Nigerians to remain hopeful
President Bola Tinubu on Friday encouraged Nigerians to use the newly launched Personal Income Tax calculator, designed to estimate how much they would pay under the tax reforms recently signed into law.
Eko Hot Blog reports that in a post on his official X account, the President explained that the calculator allows citizens to compare their estimated tax payments under the new reforms with current rates, helping them understand the impact on their individual incomes.
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He stated that the reforms, which will take effect from January 2026, aim to create a fair and balanced tax system that does not burden the poor or the most vulnerable.
Tinubu said, “With the new tax laws I recently signed, effective from January 2026, we have removed unnecessary burdens and created a system built on equity, fairness, and genuine redistribution in our economy. The Personal Income Tax Calculator has been developed to help you check your estimated tax under the new laws compared to what you currently pay.
“It clearly demonstrates how these reforms protect low-income earners, promote progressivity, and simplify compliance, ensuring a transparent tax system that works for everyone.”
He further urged Nigerians to remain hopeful, saying, “Together, we are building the Nigeria of our dreams. Believe in our country and trust Nigeria to work for you, your family, and your community.”
The Personal Income Tax calculator is available at https://fiscalreforms.ng/index.php/pit-calculator.
