iCalculator™ NG Nigeria Social Security Calculator for Industrial Training Fund (Itf)
This calculator for Nigeria is part of our payroll calculators suite which support salary and income tax calculations in Nigeria. With this Industrial Training Fund (Itf) Calculator, you can calculate the associated contributions due for Industrial Training Fund (Itf) in Nigeria based on your annual income in the 2024 tax year, this includes, where appropriate, employee and employer industrial training fund (itf) contribitions.
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Industrial Training Fund (Itf) in Nigeria
Industrial Training Fund (Itf) is subject to annual review in Nigeria and rates and thresholds can change from year to year. The table below defines the associated tax years and tax rates that are integrated into the Nigeria Income Tax calculators on iCalculator™ NG:
Nigeria Current and Historic Social Security Rates for Industrial Training Fund (Itf)| Tax Year | Employee Rate | Employer Rate | Combined Rate |
|---|
| 2024 | 0% | 1% | 1% |
| 2023 | 0% | 1% | 1% |
| 2022 | 0% | 1% | 1% |
| 2021 | 0% | 1% | 1% |
| 2020 | 0% | 1% | 1% |
| 2019 | 0% | 1% | 1% |
| 2018 | 0% | 1% | 1% |
| 2017 | 0% | 1% | 1% |
| 2016 | 0% | 1% | 1% |
| 2015 | 0% | 1% | 1% |
| 2014 | 0% | 1% | 1% |
If you believe any of these rates are incorrect or you would like additional tax years adding to the Nigeria tax suite then please contact us. All updates and amendments are complementary, we appreciate the support from our community with providing up to date free tax tools for Nigeria. Note that you can view all tax years for Nigeria supported by iCalculator™ NG here, this includes all payroll associated taxes and deductions that are applied in Nigeria.