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50 Naira Stamp Duty For Transactions Above 1000 Naira - Business - Nairaland

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Nigerians To Pay Stamp Duty On ATM Printouts, Some Whatsapp Messages - FIRS / Stamp Duty Charges Extended To Savings Account / POS Stamp Duty: FG Reviews 50 Naira To Transactions Above 10 Thousand Naira (2) (3) (4)

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50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 1:11pm On Oct 16, 2019
Thank you for contacting FirstContact.

We acknowledge the receipt of your mail and apologize for the delayed response.

Please be advised that Stamp Duty charges are in line with CBN directives which took effect from September, 2019.

Kindly note that each POS/Web transaction of N1000 and above now attracts N50 stamp duty charges.

For further enquiries on FirstBank’s products and services, please call/e-mail FirstContact through the details below:
0700 FIRSTCONTACT (0700 34778 2668228)

Lalasticlala we have enter gbese!

28 Likes 7 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 1:12pm On Oct 16, 2019
Government now charge people for spending money through POS and they are shouting cashless

426 Likes 25 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Nobody: 1:13pm On Oct 16, 2019
What is wrong with these leaders we have in Nigeria today?
They think about tax or steal from the citizens.
Another scam is the yearly budget with no project.
SMH

273 Likes 7 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Sundaygeorge: 1:17pm On Oct 16, 2019
M*d people... angry

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Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by NwaNimo1(m): 1:21pm On Oct 16, 2019
Stamp duty?

Anyway Nigerians are docile. ...thats why buhari is in power.

Upon dis one dey go add vat, customs duty, fresh air tax, etc

218 Likes 11 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Goldencheese(m): 1:28pm On Oct 16, 2019
It's been ongoing now for almost two years. They charge N50 stamp duty on every transfer made through USSD, ATM or online. They do the same when anyone pays N1,000 or above in our account. The government has to rethink their revenue-generating model which seems to target the masses, leaving out the elite unscathed.

175 Likes 7 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 1:35pm On Oct 16, 2019
NwaNimo1:
Stamp duty?

Anyway Nigerians are docile. ...thats why buhari is in power.

Upon dis one dey go add vat, customs duty, fresh air tax, etc

That is what we get because we are too tribalistic and sentimental added to docility

240 Likes 13 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 1:37pm On Oct 16, 2019
Goldencheese:
It's been ongoing now for almost two years. They charge N50 stamp duty on every transfer made through USSD, ATM or online. They do the same when anyone pays N1,000 or above in our account. The government has to rethink their revenue-generating model which seems to target the masses, leaving out the elite unscathed.

No it is just now, I have been using POS for ages without issue, until last week and I started seeing extra N50

72 Likes 5 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Goldencheese(m): 1:43pm On Oct 16, 2019
May be you didn't notice or you get anointing for head that made them overlook you. Every 1,000 and above I send out or that is paid to me, they jejeli remove their N50 stamp duty. I don resign to fate.

It is well!

Omooba77:


No it is just now, I have been using POS for ages without issue, until last week and I started seeing extra N50

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Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 2:15pm On Oct 16, 2019
Goldencheese:
May be you didn't notice or you get anointing for head that made them overlook you. Every 1,000 and above I send out or that is paid to me, they jejeli remove their N50 stamp duty. I don resign to fate.

It is well!


Amen oo, but they just started deducting the N50, because I monitor my account, I will not have called bank if it has been on and I use POS allmost everyday.

15 Likes

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 2:32pm On Oct 16, 2019
Sundaygeorge:
M*d people... angry

Nothing to say, I guess we are madder, because we condole them.......

25 Likes 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 2:33pm On Oct 16, 2019
kingkakaone:
What is wrong with these leaders we have in Nigeria today?
They think about tax or steal from the citizens.
Another scam is the yearly budget with no project.
SMH

Our leaders are ok, it is we the populace that need a check at ward 9!

32 Likes 2 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by NLSavage: 2:37pm On Oct 16, 2019
lalasticlacla
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Sundaygeorge: 2:45pm On Oct 16, 2019
Nothing to say, I guess we are madder, because we condole them.......[/quote]

As if our vote count

4 Likes 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Omooba77: 3:15pm On Oct 16, 2019
Sundaygeorge:

Nothing to say, I guess we are madder, because we condole them.......

As if our vote count

It does if we are resolute; most of us dont want to do anything that will inconvenience us, reason our leaders play us like Wembley ball

16 Likes 2 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by lomprico(m): 3:21pm On Oct 16, 2019
the country is broke! Buhari and his cronies have ran our reserves to the ground. now the only way they want to use to raise money is tru tax and double taxation. they have faced the masses to rip off.

all their propaganda news of the make billions from one stupid policy or another are all lies. Nigerians living in Nigeria are in deep shít.

ness levoooooos!

23 Likes

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Nobody: 3:21pm On Oct 16, 2019
They will kill us in this Nigeria one day.

14 Likes

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by sammysmiles(m): 3:22pm On Oct 16, 2019
For what na
So many unnecessary things under this government,,,,, Both unnecessary rumors and irrelevant news...

2 Likes 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by wonuks(m): 3:22pm On Oct 16, 2019
Hahaha! Next Level deductions grin grin
Pay after we've designed your website. See my signature or profile for details

13 Likes 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by IMASTEX: 3:22pm On Oct 16, 2019
Hmm
Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by KIDfurniture(m): 3:23pm On Oct 16, 2019
We should be taxed for the free air we breathe asap..please tax us for the free air and cut off the air if your mugus dont pay..another way to control our population

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Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Oluwasaeon(m): 3:23pm On Oct 16, 2019
Which kine tin be dis

4 Likes

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Seun(m): 3:23pm On Oct 16, 2019
Sadly, this is a regressive tax. Small transactions are hit harder than large transactions. An anti-poor-people tax.

97 Likes 11 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Samanza89: 3:23pm On Oct 16, 2019
There's something I've noticed since this present government resumed their second term in office, they are bent on creating every avenues to milk Nigerians.

The way and manner this thing is going one day we'll wake up and pay for breathing.

Do we really have sensible and right thinking leaders?...

So the #55 I was debited was for this nonsense...

22 Likes

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Kendumazy(m): 3:24pm On Oct 16, 2019
Tax isn't the problem. The real problem is, would there be anything to show for it?

Lol. Now, everybody is a tax payer. When next that police man catch you, tell him it's part of your tax government use in paying his salary. If he ask, you have a company. Tell him No! POS tax. Hahahahshaha!

9 Likes 2 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Pavarottii(m): 3:24pm On Oct 16, 2019
Goldencheese:
It's been ongoing now for almost two years. They charge N50 stamp duty on every transfer made through USSD, ATM or online. They do the same when anyone pays N1,000 or above in our account. The government has to rethink their revenue-generating model which seems to target the masses, leaving out the elite unscathed.
It's just started ... Stop misinforming people ... We never see anything.... As long as people still support d govt ... Ki lo kan mi...

Now they av done
VAT
Toll gate
Depositing of cash
Telecommunication tax
Increase in light by January
Now POS
and some hidden charges in our account
Increase in bag of rice

And all this to impoverish the common man... Day never break for those still supporting... Fuel price increase is coming soon by December...
They have about 10 more before next level finish... Den buhari third tenure , they will add another 10.. By that time we will revolute by force. And in all of these the recurrent expenditure for the executives has increased .. We never start ... People will apologise to GEJ.

Next level things

40 Likes 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by A305: 3:24pm On Oct 16, 2019
Goldencheese:
It's been ongoing now for almost two years. They charge N50 stamp duty on every transfer made through USSD, ATM or online. They do the same when anyone pays N1,000 or above in our account. The government has to rethink their revenue-generating model which seems to target the masses, leaving out the elite unscathed.
You are wise.

Keep in mind the masses should bare the cost of their ignorance. When a government is ignorant, it's NOT really the government but the people who elected the government that are ignorant. This is why the wisest man that ever lived (Socrates) questioned the people of Athens, Would you rather vote for any one on the ship to sail the ship or allow a trained captain to sail the ship?

People of Athens thought he was talking too much and put him to death. Athens never remained the same, Now who is the latest Socrates we have lately? Sowore, And where is he? In detention. see my sigg for that Lexus.

18 Likes 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by dallyemmy: 3:25pm On Oct 16, 2019
NA TO DEY KIP OUR MONI FOR POCKET BI DAT NOW, MAKE BANK KIP THEIR STAMPS!

20 Likes

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by Sleevia: 3:25pm On Oct 16, 2019
NwaNimo1:
Stamp duty?

Anyway Nigerians are docile. ...thats why buhari is in power.

Upon dis one dey go add vat, customs duty, fresh air tax, etc
bros, na people wey bring the man come I go blame

10 Likes 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by david22uu(m): 3:25pm On Oct 16, 2019
nawa o... Increase in VAT, communication Tax and now POS Stamp duty... and they tell me this is CHange.... All to feed d government

16 Likes 1 Share

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by gmaribel(m): 3:26pm On Oct 16, 2019
Arrrh! arrh!!

Iru wahala wo leleyi gannnn!

3 Likes 2 Shares

Re: 50 Naira Stamp Duty For Transactions Above 1000 Naira by kokomaster3d: 3:26pm On Oct 16, 2019
What is wrong with them abeg

5 Likes

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