FIRST SCHEDULE SECTIONS 12, 46, 48, 49, 50, 53, 55, 75 and 124
TAXES AND LEVIES COLLECTIBLE BY THE SERVICE
(1) Personal Income Tax
(a) Direct Assessment (Self-Employed)
Payable annually on Chargeable Income (Total Income less Allowable Deductions) at the rates listed in the Sixth Schedule, Personal Income Tax Act CAP P8 LFN 2004.
| Income to be taxed | Rate of tax % |
|---|---|
| First ₦300,000.00 | 7 |
| Next ₦300,000.00 | 11 |
| Next ₦500,000.00 | 15 |
| Next ₦500,000.00 | 19 |
| Next ₦1,600,00.00 | 21 |
| Above ₦3,200,000.00 | 24 |
(b) PAYE (Pay-As-You-Earn)
Payable by Employers in respect of deductions from Emoluments paid to Employees at rates specified by the Service that are designed to ensure that the aggregate amount of such deductions during a year equates with the annual amount payable using the rates specified in (a) above - Section 81 of the Personal Income Tax (Amendment) Act 2011 and the Operation of the Pay As You Earn (PAYE) Scheme Regulations refer.
(2) Withholding Tax (Individuals Only)
(a) Withholding Tax on Rents
Payable by Organizations paying Rent to individuals at the rate specified in Section 69 (2) of the Personal Income Tax Act CAP P8 LFN 2004 currently 10% of Gross Rent.
(b) Withholding Tax on Interest (Individuals and Enterprises)
Payable by Organizations paying Interest to individuals at the rate specified in Section 70 (2) of the Personal Income Tax Act CAP P8 LFN 2004, this being the final liability for Personal Income Tax on that Income currently 10% of Gross Interest.
(c) Withholding Tax on Royalties
Payable by Organizations paying Royalties to individuals at the rate specified in Section 70 (2) of the Personal Income Tax Act CAP P8 LFN 2004, this being the final liability for Personal Income Tax on that Income currently 5% of Gross Royalties.
(d) Withholding Tax on Dividends
Payable by Companies paying Dividends to individuals at the rate specified in Section 71 (2) of the Personal Income Tax Act CAP P8 LFN 2004 this being the final liability for Personal Income Tax on that income currently 10% of gross dividends.
(e) Withholding Tax on Director's Fees
Payable by payers of Director's Fees at the rate specified in Section 72(2)of the Personal Income Tax Act CAP P8 LFN 2004 currently 10% of gross Director's Fees.
(f) Withholding Tax on payments in relation to selected activities, services and commissions payable on certain payments under the Personal Income Tax (Rate, etc. of Tax Deducted at Source (Withholding Tax) Regulations 1997
1. All aspects of Building, Construction and related activities--------------------------------------2.5%
2. All types of Contract and Agency arrangements other than Sales in the ordinary course of Business---------------------------------------5%
3. Consultancy and Professional Services---5%
4. Management Services-----------------------5%
5. Technical Services---------------------------5%
6. Commissions---------------------------------5%
(3) Capital Gains Tax (Individuals Only)
Payable on individuals making Chargeable Gains (after Allowable Deductions) at the rate specified in Section 2 (l) of the Capital Gains Tax Act Cap 42 LFN 1990 currently 10%.
(4) Stamp Duties on Instruments Executed by Individuals
Payable on selected Instruments listed, and using the rates shown, in the Schedule to the Stamp Duties Act Cap S8 LFN 2004.
NOTE: The rates for the above Four (4) Revenue types are contained in the Federal Laws and Regulations noted above. If those Federal Laws and Regulations are amended, the authority for the Service to collect such Revenues under this Law shall be similarly amended.
(5) Consumption Tax
The rate of Tax imposed is 2.5% of the total bill issued to the Consumer, excluding Value Added Tax (VAT).
(6) Entertainment Tax
A rate of Tax imposed is 5% on all users of the Services or product of Cinemas, Viewing Centres, Entertainment CD Plates Producers and other similar Entertainment activities as may be determined by the Services from time to time.
(7) Development Levy (Individuals)
An Annual Development Levy of N300 is payable by all taxable individuals in the State.
(8) Development Levy (Contractors)
A Development Levy of 1% of the Contract sum is payable by all contractors operating within the State as provided under the Development Levy Edict operational in the State.
(9) Economic Development Levy
This Levy is payable annually by all Corporate or Business Organizations in the State including each branch of Banks (₦15,000), Insurances Companies (₦5,000), Telecommunication Companies (₦50,000) Manufacturing Companies (₦5,000 - ₦10,000) Oil and Gas Companies (₦10,000) Electricity, Electronics & Energy Companies (₦20,000) Small Construction Companies (₦5,000) & Big Construction Companies (₦25,000).
(10) Road Taxes – assessable by the Service in conjunction with appropriate Agencies
(a) Road Worthiness Certificate Fee
i. Road Worthiness Certificate Fee is payable by all Vehicle owners operating in the State.
ii. The Fee chargeable by the Service for Road Worthiness Certificate shall be ranging from N400-N3,750 annually for Private Vehicles, depending on the type of the Vehicle as specified by the Service.
(b) Private Vehicles Registration
| Category | Capacity of Vehicle |
Cost of Plate Number (₦) |
Vehicle Registration (₦) |
Vehicle License (₦) |
Cost of Regt. Book (₦) |
Amount (₦) |
|---|---|---|---|---|---|---|
| A | Tipper/Truck above 10 Tyres | 12,500.00 | 6,250.00 | 6,250.00 | 1,250.00 | 26,250.00 |
| B | Tipper/Truck above 10 Tyres | 12,500.00 | 6,250.00 | 3,720.00 | 1,250.00 | 25,750.00 |
| C | Above 3.00cc | 12,500.00 | 6,250.00 | 3,125.00 | 1,250.00 | 23,125.00 |
| D | Between2.1 3.00cc | 12,500.00 | 6,250.00 | 2,500.00 | 1,250.00 | 22,500.00 |
| E |
Vehicle up to 1.6cc-2.00cc |
12,500.00 | 3,125.00 | 1,875.00 | 1,250.00 | 18,750.00 |
| F |
Other Vehicle 1.0cc-1.5cc |
12,500.00 | 3,125.00 | 1,250.00 | 1,250.00 | 18,125.00 |
(c) Out-Of-Series Number Plates
| Category | Capacity of Vehicle |
Cost of Plate Number (₦) |
Vehicle Registration (₦) |
Vehicle License (₦) |
Cost of Regt. Book (₦) |
Amount (₦) |
|---|---|---|---|---|---|---|
| A | 3.00cc | 40,000.00 | 6,250.00 | 3,125.00 | 1,250.00 | 50,625.00 |
| B | 2.00cc | 40,000.00 | 6,250.00 | 1,875.00 | 1,250.00 | 49,365.00 |
| C | 1.6cc | 40,000.00 | 3,125.00 | 1,250.00 | 1,250.00 | 45,625.00 |
(d) Fancy Number Plate
| Category | Capacity of Vehicle |
Cost of Plate Number ( |
Vehicle Registration (N) | Vehicle License (N) |
Cost of Regt. Book (N) (N) |
Amount (N) |
|---|---|---|---|---|---|---|
| A | Above 3.00cc | 80,000.00 | 6,250.00 | 3,125.00 | 1,250.00 | 90,625.00 |
| B | Between 2.1 3.00cc | 80,000.00 | 6,250.00 | 2,500.00 | 1,250.00 | 90,000.00 |
| C | Vehicle up to 1.7cc 2.00cc | 80,000.00 | 3,125.00 | 1,875.00 | 1,250.00 | 86,250.00 |
| D | Other Vehicle1.2cc 1.6cc | 80,000.00 | 3,125.00 | 1,250.00 | 1,250.00 | 85,625.00 |
(e) Revalidation of Old Number Plates (Private Vehicle)
| Category | Capacity of Vehicle |
Cost of Plate Number (₦) |
Vehicle License (₦) |
Cost of Regt. Book (₦) |
Amount (₦) |
|---|---|---|---|---|---|
| A | Above .00cc | 12,500.00 | 3,125.00 | 1,250.00 | 17,875.00 |
| B | Between2.1 3.00cc | 12,500.00 | 2,500.00 | 1,250.00 | 16,250.00 |
| C | Vehicle up to 1.7cc 2.00cc | 12,500.00 | 1,875.00 | 1,250.00 | 15,625.00 |
| D | Other Vehicle 1.2cc 1.6cc | 12,500.00 | 1,250.00 | 1,250.00 | 15,000.00 |
(f) Revalidation of Old Number Plates (Commercial Vehicle)
| Category | Capacity of Range |
Cost of Plate Number (₦) |
Vehicle License (₦) |
Cost of Regt. Book (₦) |
Amount (₦) |
|---|---|---|---|---|---|
| A | Trailer | 12,500 | 8,750.00 | 1,250.00 | 22,500.00 |
| B | Tanker and Truck | 12,500 | 6,250.00 | 1,250.00 | 20,000.00 |
| C | Tipper and Lorry | 12,500 | 3,750.00 | 1,250.00 | 17,500.00 |
| D | Canter | 12,500 | 3,125.00 | 1,250.00 | 16,875.00 |
| E | Bus | 12,500 | 3,125.00 | 1,250.00 | 16,875.00 |
| F | Pick Up | 12,500 | 3,125.00 | 1,250.00 | 16,875.00 |
| G | Taxi (Painted) | 12,500 | 1,250.00 | 1,250.00 | 15,000.00 |
| H | Taxi (Unpainted)) | 12,500 | 1,250.00 | 1,250.00 | 15,000.00 |
(g) Commercial Vehicle Number Plates Revalidation
| Category | Capacity of Range |
Cost of Plate Number (₦) |
Vehicle License (₦) |
Cost of Regt. Book (₦) |
Cost of Sticker (₦) |
Amount (₦) |
|---|---|---|---|---|---|---|
| A | Trailer | 10,000.00 | 8,750.00 | 1,250.00 | 1,500.00 | 21,500.00 |
| B | Tanker and Truck | 10,000.00 | 6,250.00 | 1,250.00 | 1,500.00 | 19,000.00 |
| C | Tipper and Lorry | 10,000.00 | 3,750.00 | 1,250.00 | 1,000.00 | 16,000.00 |
| D | Canter, Bu s& Pick Up | 10,000.00 | 3,125.00 | 1,250.00 | 1,000.00 | 15,375.00 |
| E | Taxi | 10,000.00 | 1,250.00 | 1,250.00 | 500.00 | 13,000.00 |
(h) Government Fancy Number Plates
| Category |
Cost of Plate Number (₦) |
New Registration fee (₦) |
Vehicle License (₦) |
Cost of Regt. Book (₦) |
Amount (₦) |
|---|---|---|---|---|---|
| Bus | 40,000.00 | 6,250.00 | NIL | 1,250.00 | 48,750.00 |
| Car A | 40,000.00 | 6,250.00 | NIL | 1,250.00 | 47,500.00 |
| Car B | 40,000.00 | 3,125.00 | NIL | 1,250.00 | 44,375.00 |
(i) Government/Official Number Plates
| Category |
Cost of Plate Number (₦) |
New Registration fee (₦) |
Vehicle License (₦) |
Cost of Regt. Book (₦) |
Amount (₦) |
|---|---|---|---|---|---|
| A | 15,000.00 | 6,250.00 | NIL | 1,250.00 | 22,500.00 |
| B | 5,000.00 | 3,125.00 | NIL | 1,250.00 | 19,375.00 |
| Bus | 15,000.00 | 6,250.00 | NIL | 1,250.00 | 22,500.00 |
| Motorcycle | 3,000.00 | 1,250 | NIL | 1,250.00 | 5,500.00 |
(j) Motor Cycle
| Category |
Cost of Plate Number (N) |
New Registration fee (N) |
Vehicle License (₦) |
Cost of Regt. Book (₦) |
Sticker (₦) |
Learner's Permit (₦) |
Reflective Jacket (₦) |
Amount (₦) |
| Private | 2,500.00 | 1,250.00 | 625.00 | 1,250.00 | - | 500.00 | Nil | 6,125.00 |
| Commercial | 2,500.00 | 1,250.00 | 1,250.00 | 1,250.00 | 750.00 | 500.00 | 750.00 | 8,250.00 |
(k) Motor Dealers Number Plates
|
Cost of Plate Number (₦) |
Registration (₦) |
Dealership Certificate (₦) |
Cost of Regt. Book (₦) |
Amount (₦) |
|---|---|---|---|---|
| 30,000.00 | 5,000.00 | 12,500.00 | NIL | 47,500.00 |
(l) Replacement of Missing Number Plates
| Category | Type |
Cost of Replacement of Plate Number (N) |
|---|---|---|
| A | Fancy | 80,000.00 |
| B | Out-of-Series | 40,000.00 |
| C | Private | 12,500.00 |
| D | Commercial | 12,500.00 |
| E | Motorcycle/Tricycle | 2,500.00 |
(m) Change of Ownership
| Type of Vehicle | Amount (₦) |
| Motor Vehicle | 2,500.00 |
| Motorcycle/Tricycles | 625.00 |
(n) Driver's License
| Classification | Duration | Amount (₦) |
|---|---|---|
| Motor Vehicle |
3 years 5 years |
6,350.00 10,450.00 |
| Motorcycle | 3 years | 3,350.00 |
NOTE: The rates for the above Road Taxes are contained in the Federal Laws and Regulations and if those Federal Laws and Regulations are amended, the authority for the Service to collect such Revenues under this Law shall also be similarly amended.
(11) Radio, Television and Electronic Signal Tax
The rate of Tax imposed is as may be determined by the Service and published in the Gazette.
(12) Gaming Due
The rate imposed is 1.5% on every Stake Money earned in, or derived from the State.
(13) Presumptive Tax
Presumptive Tax is applied to taxable Persons where for all practical purposes their Income cannot be ascertained or Records not kept in such manner as would enable proper assessment of Income. The Taxes payable are contained in the Administrative Tax Table below.
| S/N | Trade/Business | Micro Business | Small Business | Medium Business |
| 1 | Boutiques and other Cloth sellers- Adult and Children Wear | 2,500.00 | 25,000.00 | 50,000.00 |
| 2 |
Fabricating, Welding, Bench Milling, Black Smith, Gold Smith |
2,500.00 | 15,000.00 | 30,000.00 |
| 3 | Confectioneries and Bakeries | 2,500.00 | 30,000.00 | 50,000.00 |
| 4 | Barbers and Hair Dressing Saloon | 2,500.00 | 12,000.00 | 25,000.00 |
| 5 | Service Providers - Business Centres and Typing Studio, Printers, Thrift Collector | 2,500.00 | 15,000.00 | 50,000.00 |
| 6 |
Video Clubs, Car Wash and Owners, Casino Operators, Cyber Café Operators |
5,000.00 | 25,000.00 | 50,000.00 |
| 7 | Drama Group, Laundries, Dry Cleaners, Commercial Mobile Calls | 2,500.00 | 15,000.00 | 50,000.00 |
| 8 | Photographers/Photo Developers, Recreational Centre, Refuse, Rentals, Travel Agency | 2,500.00 | 20,000.00 | 50,000.00 |
| 9 | Artisans - Masons, Vulcanizers, Iron Benders, Carpenters, Cobblers, Painters and Decorators, Plumbers | 2,500.00 | 15,000.00 | 50,000.00 |
| 10 | Petrol, Kerosene and Lubricant Sellers | 2,500.00 | 30,000.00 | 85,000.00 |
| 11 |
Tailoring, Interior Decoration, Fashion Designers and Garment makers, Curtain makers, Seam Stress |
2,500.00 | 15,000.00 | 50,000.00 |
| 12 | Transport Workers- Taxi, Bus, lorry, etc. | 2,500.00 | 12,000.00 | 50,000.00 |
| 13 | General Trading/Enterprises- Retail and Wholesale, Raw Food | 2,500.00 | 10,000.00 | 50,000.00 |
| 14 | Bookshops/Stationery Stores, Building Materials, Cement, Cooking Gas, Air-conditioners, Mattress/Foams, Doors, Electrical Parts and Fittings | 2,500.00 | 20,000.00 | 50,000.00 |
| 15 | Furniture/Furnishing Material, Gas Refilling, General Contractor, General Merchants and Distributors. Gift Shop | 2,500.00 | 20,000.00 | 50,000.00 |
| 16 | Spare Parts, Patent Medicine, Photographic Materials, Plank, Plastic Rubbers | 2,500.00 | 15,000.00 | 50,000.00 |
| 17 |
Plumbing Materials, Poultry Feeds, Raw Food, Rugs and Carpets, Sewing Machine |
2,500.00 | 15,000.00 | 50,000.00 |
| 18 | Timber Dealers, Tyre, Wine and Beer License Operators, Yoghurt | 2,500.00 | 15,000.00 | 50,000.00 |
| 19 |
Financial Services - Bureau De Change, Pool Agents and Promoters, Money Lenders |
10,000.00 | 50,000.00 | 100,000.00 |
| 20 | Furniture and Cabinet Makers | 2,500.00 | 35,000.00 | 100,000.00 |
| 21 | Restaurant and Food Sellers | 2,500.00 | 35,000.00 | 100,000.00 |
| 22 | Property-Guesthouse, Lodging, Face to Face Building with not more than Ten (10) Rooms | 2,500.00 | 50,000.00 | 90,000.00 |
| 23 | Mechanics, Technicians, Electricians, Panel Beaters, Motorcycle, Bicycle, Keke NAPEP, Clock and Watch Repairers, and other Machine Repairers, Re-wires, Battery Chargers | 2,500.00 | 15,000.00 | 50,000.00 |
| 24 |
Artisans, Design and Sign Writers, Hand Craft Makers Graphic Arts |
2,500.00 | 12,000.00 | 90,000.00 |
| 25 | Professional Services - Opticians, Photo lab, Auctioneers. Draughtsman, Maternity Owners, Patent Medicine Store | 2,500.00 | 30,000.00 | 85,000.00 |
| 26 | Entertainment Service, Musicians | 10,000.00 | 15,000.00 | 50,000.00 |
| 27 | Agriculture, Forestry, Fishing, Hunting, Butchers/Meat Sellers, Horticulture/Florist, Farm Settlers, Poultry, Piggery | 2,500.00 | 15,000.00 | 50,000.00 |
| 28 | Aluminum Fabrication and Products | 2,500.00 | 30,000.00 | 75,000.00 |
| 29 | Processors, Producers and Manufacturers - Blocks, Culvert. Well Ring, Pure Water, Welders, Shoe Makers, Cold Rooms, Palm Oil Miller, Grind Mills, Saw Mill Proprietors | 2,500.00 | 25,000.00 | 100,000.00 |
| 30 | Transport Owners | 2,500.00 | 30,000.00 | 85,000.00 |
| 31 | All other Trades/Services covered by the Law but not listed above | 2,500.00 | 30,000.00 | 100,000.00 |
NOTE: The rates contained in the Administrative Table above are contained in the Federal Laws and Regulations and if those Federal Laws and Regulations are amended, the authority for the Service to collect such Revenues under this Law shall also be similarly amended.