TaxCal is a free online tax calculator that helps Nigerian entrepreneurs and individuals compute their tax obligations under the Nigeria Tax Act 2025. The platform offers specialized tools for business income tax, personal income tax, multi-income scenarios, and batch payroll calculations, all processed locally in the browser for privacy.
Funding
Funding not disclosed
Founders
Product
Problem
Nigerian tax calculations are complex and error-prone, requiring business owners and individuals to navigate progressive rates, relief allowances, and deductions under the Nigeria Tax Act 2025 without accessible tools. Many taxpayers either hire expensive accountants or risk non-compliance due to confusion about their actual tax liabilities.
Solution
TaxCal provides an accurate, browser-based tax calculator that simplifies compliance for Nigerian taxpayers. The platform supports multiple calculation types, including business income tax (CIT), personal income tax (PAYE), multi-income scenarios, and batch payroll processing, all aligned with the Nigeria Tax Act 2025 and FIRS guidelines. Calculations run entirely client-side, ensuring user financial data never leaves the device, while educational resources and FAQs help users understand deductions, capital allowances, and filing requirements.
Target Audience
Primary users are Nigerian entrepreneurs, business owners, self-employed individuals, and employees who need accurate tax estimates without hiring an accountant, as well as small business operators managing payroll compliance.
Features
- Business tax calculator for CIT and development levy with support for Business Name, MSME, and Limited Company structures
- Personal income tax calculator with progressive rates (0%-25%), ₦800,000 tax-free threshold, and Consolidated Relief Allowance (CRA) deductions
- Multi-income calculator for individuals with multiple income sources
- Batch payroll calculator for processing multiple employees simultaneously
- Salary negotiator tool that calculates required gross salary for desired net pay
- Client-side JavaScript processing with no data collection, storage, or transmission
- Educational resources including tax guides, glossary, FAQ, and tax calendar