Payroll & Statutory Deductions

Complete Nigerian payroll processing with automated PAYE calculation (Finance Act 2020), pension contributions, NHF, NSITF, ITF deductions, bank-specific salary exports, compliance tracking, and accounting integration.

PAYE — Personal Income Tax

Cloud Sentrics automatically calculates PAYE (Pay As You Earn) tax using the graduated tax bands prescribed by the Finance Act 2020 and the Personal Income Tax Act (PITA).

Consolidated Relief Allowance (CRA)

Before applying tax bands, the CRA is deducted from gross income:

• CRA = 20% of Gross Income + Higher of (₦200,000 OR 1% of Gross Income)
• Pension contributions (employee portion) are also deducted before tax
• NHF contributions are tax-exempt

Taxable Income = Gross Income − CRA − Pension Contribution − NHF

PAYE Tax Bands (Finance Act 2020)

Annual Taxable Income Band	Rate
First ₦300,000	7%
Next ₦300,000	11%
Next ₦500,000	15%
Next ₦500,000	19%
Next ₦1,600,000	21%
Above ₦3,200,000	24%

Pension Contributions

Managed under the Pension Reform Act 2014 (as amended):

Contributor	Rate	Basis
Employee	8%	Basic + Housing + Transport
Employer	10%	Basic + Housing + Transport
Total	18%

• Employee contribution is deducted from salary before PAYE calculation
• Employer contribution is an additional cost above gross salary
• PFA (Pension Fund Administrator) details are stored per staff member
• RSA (Retirement Savings Account) PIN required for each employee

NHF — National Housing Fund

Rate	Basis	Paid By
2.5%	Basic Salary	Employee

NHF contributions are mandatory for employees earning above the national minimum wage. Deductions are remitted to the Federal Mortgage Bank of Nigeria (FMBN).

NSITF — Nigeria Social Insurance Trust Fund

Rate	Basis	Paid By
1%	Total Monthly Payroll	Employer

Provides compensation to employees who suffer injuries, disabilities, or death arising from workplace incidents.

ITF — Industrial Training Fund

Rate	Basis	Paid By	Eligibility
1%	Total Annual Payroll	Employer	Organizations with 5+ employees or turnover > ₦50M

Bank-Specific Salary Export

Generate bank-ready salary payment files in the format required by each institution:

Bank	CBN Code	Export Format	Notes
Remita	N/A (aggregator)	Remita CSV Template	Multi-bank payments via single upload
Zenith Bank	057	Zenith Bulk Transfer Format	Requires beneficiary account validation
GTBank	058	GTBank Bulk Payment CSV	Supports inter-bank via NIBSS
Access Bank	044	Access Bank Payment Format	Includes narration field
UBA	033	UBA Bulk Salary Format	Requires branch code per account
First Bank	011	FirstBank Salary Upload Template	Separate intra/inter-bank files

How to Export Salary File

1. Navigate to Workforce > Payroll & Statutory > Salary Export
2. Select the Pay Period (month)
3. Select the Target Bank from the dropdown
4. The system auto-groups staff by their registered bank
5. Click Generate File
6. Download the formatted file and upload to your banking portal

Compliance Dashboard

Track all statutory obligations and remittance deadlines from a single view:

Dashboard Features

• Deadline Tracker — Shows upcoming remittance due dates for PAYE, Pension, NHF, NSITF, ITF
• Overdue Alerts — Red indicators for any missed deadlines with days overdue
• Remittance Status — Mark each obligation as Remitted/Pending/Overdue
• Historical Log — Complete record of past remittances with dates and reference numbers
• Estimated Amounts — Auto-calculated amounts due based on current payroll

Standard Deadlines

Obligation	Deadline	Frequency
PAYE	10th of following month	Monthly
Pension	Within 7 days of pay date	Monthly
NHF	End of following month	Monthly
NSITF	End of following month	Monthly
ITF	April 1st (annual)	Annually

Accounting Integration

Connect payroll data with your accounting system for seamless financial reporting:

General Ledger (GL) Mapping

Map each payroll component to your chart of accounts:

Payroll Component	Default GL Code	Account Type
Basic Salary	5100	Expense
Housing Allowance	5110	Expense
Transport Allowance	5120	Expense
PAYE Payable	2200	Liability
Pension Payable (Employee)	2210	Liability
Pension Expense (Employer)	5200	Expense
NHF Payable	2220	Liability
NSITF Expense	5210	Expense
ITF Expense	5220	Expense
Net Salary Payable	2100	Liability

QuickBooks & Sage Export

• QuickBooks Online — Export as IIF (Intuit Interchange Format) or Journal Entry CSV
• Sage — Export in Sage-compatible CSV with account codes and tax references
• Format: Date, Account Code, Description, Debit, Credit, Reference

Journal Entry Format

Each payroll run generates a journal entry in this standard format:

Date	Account	Description	Debit (₦)	Credit (₦)
2026-06-30	5100 - Salary Expense	June 2026 Payroll	5,000,000
2026-06-30	5200 - Pension Expense	Employer Pension (10%)	500,000
2026-06-30	2200 - PAYE Payable	PAYE Withholding		620,000
2026-06-30	2210 - Pension Payable	Employee + Employer Pension		900,000
2026-06-30	2100 - Net Salary Payable	Net Pay - June 2026		3,980,000