The old way vs the right way

Still running payroll
in Excel?

Most Nigerian SMEs spend hours every month manually computing PAYE, pension and NHF then hoping the numbers are right. There's a better way.

The old way
Manual PAYE calculations every month
Wrong pension rates or missed deductions
No audit trail if FIRS comes knocking
Hours wasted on Excel every month
Payslips that look unprofessional
With BFSB
PAYE auto-calculated using NTA 2025 bands
Pension, NHF, NHIS computed instantly
Locked, audit-safe payslips with timestamps
Run payroll in minutes not hours
Professional PDF payslips every time

Built for Nigerian businesses

If you employ people in Nigeria,
this was made for you

Built for Nigerian bakeries, schools, pharmacies, laundromats and service businesses running 1–50 staff.

Bakeries & Food
Tired of manually working out PAYE for shift workers every month?
BFSB calculates it automatically every pay run, every time.
Schools & Tutoring
Managing teaching staff, part-timers and admin on one payroll?
Run multiple staff types on one payroll with audit-safe payslips.
Pharmacies & Clinics
Compliance stress every time you run payroll for healthcare staff?
NTA 2025, Pension PRA and NHF handled automatically.
Laundry & Dry Clean
Small team but payroll still takes hours every month?
Set up once, run payroll in minutes not hours.
Contractors & Trades
Staff numbers change month to month hard to keep track?
Add or remove staff anytime. Payroll adjusts instantly.
✦
Any Nigerian business
Running 1 to 50 staff and doing payroll manually?
It costs you nothing to switch.

Here's exactly how BFSB handles it automatically, compliantly, every month.

Core Payroll Features

Everything Nigerian payroll
demands, built in

Every statutory requirement, every relief, every deduction handled automatically so you never have to guess.

Nigerian PAYE — NTA 2025 Compliant

Automatically calculates income tax using the latest NTA 2025 tax bands. No manual lookups, no outdated rates.

First ₦800,000
0%
Next ₦2.2m
15%
Next ₦9m
18%
Next ₦13m
21%
Next ₦25m
23%
Above ₦50m
25%
Tax-free threshold: ₦70,000/monthMinimum tax: 1%Auto-applies reliefs

Pension Contributions

Automatic pension deductions per employee when your company meets the statutory threshold.

Pension Rules
Employee rate8% fixed
Employer rate8% – 20%
Minimum staff15 employees
Per employee toggle Yes
PRA compliantPer-employee control

NHF & NHIS

National Housing Fund and health contributions calculated and deducted automatically every payroll run.

NHF: 2.5%NHIS: 5% employeeNHIS: 10% employer

Rent Relief (PITA)

Statutory rent relief applied automatically to reduce taxable income for qualifying employees.

20% of grossCap: ₦500,000Per-employee toggle

Audit-Safe Payslips

Professional PDF payslips with employer declarations, statutory notices and locked timestamps.

Draft → Issued workflowLocked on issuePDF download

Payroll Adjustments

Handle bonuses, overtime, deductions and reimbursements. Set recurring or one-off with effective periods.

Recurring adjustmentsOne-offEffective date

Secure Remittance

Encrypted bank details, primary account selection and compliance-ready employee remittance records.

Encrypted storagePrimary accountAudit trail

Auto Validation

BFSB checks for missing remittance, duplicate payslips and compliance issues before allowing issuance.

Pre-issue checksDuplicate detectionCompliance rules
Common Questions

Questions Nigerian
businesses ask us

Yes, genuinely. There is no trial period, no hidden tier, and no credit card required to get started. The full product invoicing, expenses, client management, payroll is free forever. We built BFSB because business software has been overpriced for small businesses for too long. Our model is different: we only earn money when you choose to use optional paid features.

Most users create their account and send their first invoice within 15 minutes. There is no lengthy onboarding, no setup wizard to complete, and no training required. Create an account, add a client, add your line items and send. That's it.

Go to your company settings, click on Invoice setting, then Invoice payment setting and connect your Stripe account. Once connected, a Pay Now button will appear on invoices you send to clients. Your client clicks it, pays by card, and the money goes directly to your Stripe account minus fees. You can enable or disable online payments at any time.

Yes. BFSB uses the NTA 2025 PAYE tax bands and all current statutory rates for pension, NHF and NHIS. Payslips include employer declarations and are designed to be audit-ready if FIRS ever requires documentation. We update the system whenever tax rules change so you don't have to.

Your data is stored on secure servers with 256-bit AES encryption. Only you and anyone you explicitly grant access to can see your business data. BFSB staff do not access your account data unless you contact support and specifically request assistance.

Yes. All issued invoices include your business details, client details, line items, VAT breakdown, payment status and timestamps. All issued payslips include gross pay, statutory deductions, PAYE, pension, NHF, employer declarations and issue dates. Both are locked once issued so the record cannot be altered retroactively exactly what an auditor or accountant needs.

🇳🇬 Built for Nigerian Businesses

Get your payroll running
smoothly in minutes

Loved by founders, HR teams, and accountants across Nigeria.

Try Nigeria Tax Calculator

Free forever · No credit card · NTA 2025 compliant

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