WebAug 26, 2024 · It is important to also note that outside the Circular, the FIRS has further clarified that stamp duty has become payable on rent or lease agreement with the rate of stamp duty varying from less ... WebSep 20, 2024 · The major decision in the last two mentioned cases is that receipts given for money deposited in any bank are exempt from stamp duties. Also, banks and other financial institutions do not have any obligation to charge, collect and remit stamp duty on receipts given for deposits or transfers as there is no provision or amendment in the SDA ...
FIRS lists eligible transactions for stamp duty charges
WebMay 30, 2024 · “Stamp duty upon receipt (written, printed or in electronic form) for transactions between corporate bodies or between a corporate body and an individual, group or body of individuals, which amounts to N10,000 and above, shall be denoted by payment of N50 per receipt to the service.” The FIRS circular also stated that stamp … WebJul 22, 2024 · Nami was quoted as saying, “stamp duty is a tax payable in respect of dutiable instrument as provided under the Stamp Duties Act, CAP S8, LFN 2004 (as … driving licence online application ahmedabad
Nigerians will now pay N50 stamp duty on electronic …
WebWith effect from Monday August 29th, duty payers are directed to visit taxpromax.firs.gov.ng to complete their stamp duty payments. Please note, that this does not include duty payers, wishing to process stamp duties for CAC Company … Electronic Stamp N1000: Flat Rate: ₦1000.0: Lease Agreement … MDA s - Stamp Duty - stampduty.gov.ng Verification - Stamp Duty - stampduty.gov.ng Stamp Duty Process; How to pay for Stamp Duties Description Additional … Resources - Stamp Duty - stampduty.gov.ng Note: You can also search for different stamp duty instruments by using the … please contact any of our stamp duty offices nationwide, send an email or call the … Levies - Stamp Duty - stampduty.gov.ng Stamp Duty Made Easy. To begin, make a selection by either clicking on the … Login - Stamp Duty - stampduty.gov.ng WebJul 15, 2024 · The Circular is the latest in a series of publications by the FIRS providing clarifications and guidance to taxpayers on the administration and compliance related to stamp duties in Nigeria. The Circular replaces the prior Information Circular of 2024/05, dated 29 April 2024. Among other issues, the Circular addresses matters relating to ... WebJun 20, 2024 · The Federal Inland Revenue Service (“FIRS” or “the Service”) recently issued a Public Notice reminding the general public of the obligations to remit Stamp Duties to the Service under the Stamp Duties Act (SDA) as amended by the Finance Act, 2024. We have summarised the clarifications below. Details driving licence over 70\u0027s