Nigeria Tax Act 2025 in force since 01/01/2026 — worldwide income now taxable

Do you know how much tax you owe on your USD/USDT income?

Since January 2026, Nigerian freelancers and remote workers pay tax on worldwide income — including USD, USDT and USDC payments from Upwork, Fiverr, Deel or direct clients, converted at the official CBN rate. PayeCheck logs each payment, applies the new 6-band table and rent relief, and flags your registration/filing penalty exposure — free, in minutes.

Your result
₦0
Registration penalty risk detected
Taxable income₦34.97M
Marginal band23%
Self-assessment summaryReady to export

A brand-new law, and no calculator built for how you actually get paid

The Nigeria Tax Act 2025 changed 3 things at once for freelancers who bill in dollars or stablecoins.

New 6-band progressive table

Rates from 0% up to ₦800,000 to 25% above ₦50M, replacing the old CRA-based formula — most guides give one example, not a calculator for your own numbers.

Every USDT payment needs its own CBN rate

Foreign and stablecoin income must be converted at the official CBN rate on the exact day it was received — not the parallel-market rate — payment by payment.

Real, active penalties

₦50,000 + ₦25,000/month for not registering, ₦100,000 + ₦50,000/month for late filing — penalties you may already be accumulating without knowing it.

What PayeCheck does

Everything runs in your browser. Your income entries and personal details are never uploaded anywhere.

Multi-payment income log

Log up to 6 payments in NGN, USD, USDT or USDC, each with its own CBN rate for the day it was received — PayeCheck converts and sums them automatically.

Full 6-band tax breakdown

Applies the official NTA 2025 table band-by-band, with rent relief (20% of rent paid, capped ₦500,000), your effective rate and marginal rate.

Penalty risk calculator

Tells you if you're exposed to a registration or late-filing fine, and estimates exactly how much, based on how long you've been unregistered or overdue.

Self-assessment summary (Pro)

Exportable document with your full band breakdown, payment log with CBN rates as evidence, and penalty exposure — ready to hand to an accountant or attach to your filing.

PayeCheck vs. the alternatives

OptionPriceMulti-payment USD/USDT + CBN ratePenalty risk calculator
Tax guides & blog articles (TechCabal, Afrotools, JuicyWay)FreeNo — one static example onlyNo
SabiTax (general tax calculator app)Freemium, requires app installNo — general PAYE/self-employed flowNo
Accountant / tax advisorVariable fee, needs contactYes, but slow and costly for a quick checkSometimes
PayeCheck Pro$5 (one-time)YesYes

Plans

Free

$0

  • Log up to 6 payments (NGN/USD/USDT/USDC)
  • Full 6-band tax breakdown + rent relief
  • Registration/filing penalty risk check
  • Exportable self-assessment summary
Start free

Know exactly what you owe before March 31 — not after a penalty notice.

Free calculation, no sign-up, takes a few minutes.

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