Stamp Duty

What a Small business needs to know about the amended Stamp Duty Act and Value Added Tax Act in relation to finance act 2019

Stamp Duty Act and Value Added Tax Act in relation to finance act 2019 Stamp Duty Stamp duty is generally known as tax that is levied on single property purchase or documents. For instance, stamp duty includes legal customers such as receipts, land transactions, cheques and so on. Stamp duty is the tax that government placed on legal documents, usually…

The Impact of Finance Act, 2019 on Businesses in Nigeria

THE IMPACT OF FINANCE ACT, 2019 ON BUSINESSES IN NIGERIA By Ayoade Apelegan The Finance Act is a fiscal policy statement, which shows how the Government intends to finance budgeted expenditure and achieve other socio-economic objectives. The Finance Bill 2019, which was submitted to the National Assembly by President Muhammadu Buhari alongside the 2020 Appropriation Bill, and signed into law…

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