Rent relief calculator

Rent relief is new from 2026. If you rent your home, part of the rent comes off your chargeable income. Enter your yearly rent to see the relief.

How it's calculated

Rent relief is 20% of the annual rent you paid, or ₦500,000, whichever is lower.
Add your chargeable income to see the tax you save: the difference between the tax with and without the relief.

On ₦1.8 million of rent the relief is ₦360,000. With ₦5 million of chargeable income, that saves ₦64,800 of tax.

What do I need to claim it?

Declare the rent you actually paid and the other information the tax authority asks for. Keep your tenancy agreement and receipts.

Does it replace the consolidated relief allowance?

The consolidated relief allowance is no longer in the law. Rent relief is one of the eligible deductions under the Nigeria Tax Act, 2025.

Can I claim it if I own my home?

The relief is for rent paid. If you pay no rent, there is nothing to claim, though interest on a loan for your own home is a separate deduction.

Rent relief: A deduction of part of the annual rent you pay.
Chargeable income: Income after eligible deductions, on which tax is worked out.

Up-to-date official data

Data checked against the official source on 16 October 2026.

We check the official sources automatically, every day.