The Counting House
Payroll cost calculator
See what your team really costs each month, and what each person takes home. Slide the salary, choose what to include, and watch every naira find its place.
You are in Counting House
Total monthly cost to you
- Take-home pay
- PAYE
- Pensions
- NHF, NSITF, ITF
- Ledgerwise
Payslip for one employee, monthly
Example rates for this demo on the 2026 PAYE bands. Not tax advice: check with your accountant.
The rules
The PAYE bands this calculator uses
Example bands for this demo.
| Yearly taxable income | Rate |
|---|---|
| First ₦800,000 | 0% |
| Next ₦2,200,000 | 15% |
| Next ₦9,000,000 | 18% |
| Next ₦13,000,000 | 21% |
| Next ₦25,000,000 | 23% |
| Above ₦50,000,000 | 25% |
Taxable income is yearly gross pay, less the employee’s pension and NHF, less rent relief if you include it. The calculator applies each band in turn, then divides by twelve.
These are example rates for this demo, set out as we understand the 2026 rules. Rules change, and personal situations differ, so always confirm with a tax adviser before you rely on a figure.
Guide
Reading the result
- 01
Take-home pay
What lands in each person’s account after PAYE, pension and NHF.
- 02
Cost to you
Gross pay plus your pension share, NSITF, ITF and the Ledgerwise fee.
- 03
Where every ₦100 goes
The same cost, cut into five slices so you can explain it to a board.
- 04
Yearly view
Twelve months of the same, for budgets and loan applications.
Questions
Calculator questions
Why is my take-home different from this
Personal reliefs, extra allowances, loans and unpaid days all change the figure. Ledgerwise handles each one on the real payslip.
Does this include the 13th month
No. Add it as a separate run in Ledgerwise, and the tax is spread correctly.
Can I save the result
Add it to your plan and it stays with you while you look around, ready for the demo call.
Want it worked out for every person
Book a demo and we will run your real payroll through Ledgerwise, free for the first month.