Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,160,907 members, 7,844,926 topics. Date: Thursday, 30 May 2024 at 10:06 AM

FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant - Properties (5) - Nairaland

Nairaland Forum / Nairaland / General / Properties / FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant (36054 Views)

Lagos Targets 60 Days For Landlord-Tenant Dispute Resolution / Muhammad Nami: FIRS Plans Stamp Duty Palliatives For Tenants / Tenants To Pay 6% Stamp Duty - FIRS Tells Landlords & Property Agents (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by earnit1: 4:57pm On Jul 29, 2020
jokers na to increase fee
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by AlphaT1(m): 5:02pm On Jul 29, 2020
Aolconsult:


The money is not so much if you are to go with 0.78%

please help share this information to Nigerians
A Polithiefian sighted....looters flock....
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by IMASTEX: 5:11pm On Jul 29, 2020
1x2x3:


What nonsense are you saying? Crowdfunding for politicians to loot or are you part of those thieves?

0.78% isn't much to you but you will be amazed when you multiply that by number of tenants in Nigeria.
Going by his statement at bolded, your bolded submission will best be a match.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Bekool(m): 5:13pm On Jul 29, 2020
Aolconsult:


The money is not so much if you are to go with 0.78%

please help share this information to Nigerians


What have the govt been doing with all the ones they have been collecting? They cant even provide basic things, nigerians don't feel the impacts of both the state and federal govts in their miserable lives they are the ones drilling bore holes in their various compounds, paying to evacuate their wastes, providing electricity by themselves the lists is countless yet this heartless govt is still adding more taxes on struggling poverty ridden helpless nigerians.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Nobody: 5:24pm On Jul 29, 2020
Stamped robbery
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by pacespot(m): 5:25pm On Jul 29, 2020
Newboss:


It's not much. If you're not renting for more than 7 years at a go, you pay 0.78%. For example, if your rent is 1m, you'll pay 7800 Naira only.
OKAY, I THOUGHT THEY SAID 6%

1 Like

Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by tonididdy(m): 5:31pm On Jul 29, 2020
Aolconsult:


The money is not so much if you are to go with 0.78%

please help share this information to Nigerians
Do you know how much is "is not so much" multiply by 200m Nigerians?
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by CocoaOla: 5:32pm On Jul 29, 2020
What if we move back to our parents house as business is not moving due to high cost hyperinflation and job Lost. Nigeria government and Nigerians are all foolish no feasibility studies.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Investnow2017: 5:38pm On Jul 29, 2020
2cribz:
Na to go build house for cave now o. Buhari wan finish us both on land,sea,air.
angry angry angry grin angry grin grin angry angry angry Intercontinental ballistic Finance Missile

1 Like

Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by cool318(m): 6:21pm On Jul 29, 2020
Ayobami93:


No, its a flat rate of N50.
It does, I have received a #100; stamp duty, twice in a week this July
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by cool318(m): 6:29pm On Jul 29, 2020
pacespot:
OKAY, I THOUGHT THEY SAID 6%
Don't mind that guy, he is sugarcoating an irreparable anomaly that Shylockians in govt wants to meet Nigerians with.

Do you know that when you buy land, you pay stamp duty, you pay several govt duties before you get C/O.

You pay for road worthiness, still there is no motorable road.

You pay for light, no light but they are selling light to other countries on credit.

Other sane & responsible countries establish low income housing schemes, build homes for civil servant, but here, a Private individual , who can't bribe his way into Govt, struggles and builds, you want to come and collect Stamp duty.

What is Govt doing for an average Nigerian sef?
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by neutral2000: 6:56pm On Jul 29, 2020
Hmm.....

Wana earn money on telegram? Check my signature..
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by pacespot(m): 7:04pm On Jul 29, 2020
cool318:

Don't mind that guy, he is sugarcoating an irreparable anomaly that Shylockians in govt wants to meet Nigerians with.

Do you know that when you buy land, you pay stamp duty, you pay several govt duties before you get C/O.

You pay for road worthiness, still there is no motorable road.

You pay for light, no light but they are selling light to other countries on credit.

Other sane & responsible countries establish low income housing schemes, build homes for civil servant, but here, a Private individual , who can't bribe his way into Govt, struggles and builds, you want to come and collect Stamp duty.

What is Govt doing for an average Nigerian sef?
I WILL ADVOCATE FOR A PROPERTY TAX INSTEAD SO THAT THOSE GREEDY LANDLORDS CAN PAY TAX FOR NOT LEASING OUT THEIR HOUSES TO THE INTENDING TENANTS
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by rhames(m): 7:07pm On Jul 29, 2020
Aolconsult:


The money is not so much if you are to go with 0.78%

please help share this information to Nigerians

The problem is not the money but the number of taxes and individual or organization will pay yo governments every year.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Comedian2019: 8:15pm On Jul 29, 2020
Openbusiness4:
sad APC Nigerians are waiting for you in 2023.
Forget! Nigerians will still fight for them once they share 1k per voter.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by InvertedHammer: 8:46pm On Jul 29, 2020
grin
/
Some landlords can't even collect rent grin

Na FIRS tax dem go collect.

Another cat and mouse race between tenants and landlords loading.

/
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Elsiedaniels(f): 9:11pm On Jul 29, 2020
Here
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by mentored: 9:26pm On Jul 29, 2020
Aolconsult:


The money is not so much if you are to go with 0.78%

please help share this information to Nigerians


Not too much
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Bluntemperor: 9:56pm On Jul 29, 2020
Mo3891:
undecided


FG and Nami of FIRS are dumbos without any data as per Land ownership in Nigeria, only State Government knows landlord the ones with CofO ,so how exactly will FG determine who owns a land or house


.

He is bringing commotion into the land matters.Most of the wicked acts are to prove they are working! Nigerians should demand why many of the Officials serving and many of their elites are not paying.Mesuonu!
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by CioAngels(f): 10:01pm On Jul 29, 2020
Nigerian government continues to inpoverish the poor, which government houses have they built for poor that will form the bases of tenant paying stamp duty to government. It is not that it will be used to inprove Nigeria and masses but to have more billions to steal.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by CryptoRepublic1: 10:44pm On Jul 29, 2020
Hahaha,stamp duty = nipost stamp��.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by intruder15(m): 12:18am On Jul 30, 2020
ojun50:

.
Yea the is not much but at the end of the day the money goes to the hand of some criminals.......

Then we should learn to come out and vote out those criminals.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by micoo(m): 6:22am On Jul 30, 2020
Amen
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Ndipe(m): 7:55am On Jul 30, 2020
All these taxation is annoying, cant someone just live in peace? Even in America that is notorious for its taxes, tenants don't pay tenement rates. What next, road taxes?
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by tonquendo4u(m): 8:11am On Jul 30, 2020
Thank God say na verbal agreement we get with our landlord. No lawyer issue. No agent nonsense
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Steelarmy01: 8:23am On Jul 30, 2020
Abilistic:
I will listen to them when they start paying stamp duty on every kobo they are looting

grin grin grin
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Ayobami93(m): 10:19am On Jul 30, 2020
cool318:

It does, I have received a #100; stamp duty, twice in a week this July

That means you did two separate transactions worth more than 10k thats why you got debited N100 Stamp Duties.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by cool318(m): 1:35pm On Jul 30, 2020
Ayobami93:


That means you did two separate transactions worth more than 10k thats why you got debited N100 Stamp Duties.
Does this happen in other countries?
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Ayobami93(m): 4:25pm On Jul 30, 2020
cool318:

Does this happen in other countries?

I really dont know, to be honest.
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by cool318(m): 1:03am On Jul 31, 2020
Ayobami93:


I really dont know, to be honest.
Ok, cos I really know that this multiple taxations from all facets is not healthy for economic development
Re: FIRS' 6% Stamp Duty Charge On Agreement. How It Affects You As Landlord/tenant by Ayobami93(m): 12:47am On Aug 04, 2020
cool318:

Ok, cos I really know that this multiple taxations from all facets is not healthy for economic development

You are right though but the government are just trying to get money in all possible ways to fund their high expenditures. This will definitely affect the average Nigerians badly. However, I hope the economy will return to normal at least by early next year.

(1) (2) (3) (4) (5) (Reply)

The Luxury Hotel Owned By Kaduna Commercial Transport Workers (Photos) / The Construction Of The Abeokuta City Centre Begins / Roofing Sheet Price List In Nigeria (2020 Vs 2024)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 32
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.