Learn · Tax

Nigerian tax, without the fear.

Most tax anxiety is just unfamiliarity. Here’s what actually applies to a salary earner with a side hustle, reviewed quarterly, dated June 2026.

Do I pay tax on my salary?

Yes, your employer deducts PAYE (Pay As You Earn) before salary lands. Graduated bands mean higher slices of income are taxed at higher rates; your payslip shows the deduction.

What about my side hustle?

Hustle income is taxable as personal income. Keep simple records of what comes in and what running it costs, you’re taxed on profit, not revenue.

What is VAT and do I charge it?

VAT is 7.5% on most goods and services. You must register and charge it once your turnover crosses the registration threshold, below that, you simply pay it in prices like everyone else.

Are my pension contributions taxed?

No. RSA contributions are deductible before tax. They’re one of the few discounts the system hands you; take it.

What records should I keep?

Receipts for deductible costs, invoices for hustle income, and your payslips. Six years is the safe retention rule, a receipts vault makes this painless.

What happens if I’ve never filed?

Start now rather than perfectly. Registering and filing going forward matters far more than reconstructing the past, and voluntary compliance is treated far better than discovery.

Where Qoyla helps

The tax dashboard estimates your position through the year, the receipts vault keeps the records, and the VAT tracker watches the threshold for you, each number traceable to its source.

See your own tax picture

Estimates from your real income, not a worksheet.