Development levy calculator
Work out the 4% development levy, and see it against the four separate levies it replaced.
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Your profit
Leave at zero and we will stand your assessable profit in for it, and say so.
Your company
Accountancy, law, consulting, engineering, medicine and similar practices.
Excluded from small-company treatment regardless of turnover — so the levy applies.
A company not resident in Nigeria. Non-residents are exempt from the development levy, though companies income tax can still apply.
Enter your assessable profit and turnover on the left. We will work out the levy, and show you what the four levies it replaced would have cost on the same figures.
One levy instead of four
From 1 January 2026 a single 4% development levy on assessable profit replaces the Tertiary Education Tax, the NITDA levy, the NASENI levy and the Police Trust Fund levy. Small companies and non-resident companies do not pay it. The base matters more than the rate: assessable profit is measured before capital allowances, while companies income tax is charged on total profits after them. A company with heavy capital spending can find its income tax falling while its levy does not move at all — which is the point at which most spreadsheets get this wrong.
Common questions
- What is the development levy in Nigeria?
- The development levy is a single 4% charge on a company's assessable profit — the profit before capital allowances. It consolidates several older levies into one.
- Which levies did the development levy replace?
- The development levy consolidates the levies it replaced — Tertiary Education Tax (TET), NITDA levy, NASENI levy, Police Trust Fund levy — into a single charge, so companies account for one levy instead of several.
- Who is exempt from the development levy?
- Small companies and non-resident companies are exempt from the development levy. It is charged on the assessable profit of larger resident companies, before capital allowances are deducted.