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Transaction Tax

Stamp Duty Calculator

Calculate stamp duty for bank transfers, property conveyance, share capital, leases, and more.

Transaction Details

Calculate Stamp Duty

Select a transaction type and enter the amount to calculate stamp duty.

Nigeria Stamp Duty Guide

Stamp Duty is a tax levied on legal instruments, documents, and certain transactions in Nigeria. The rates vary depending on the type of transaction, from a flat ₦50 for electronic transfers to percentage-based rates for property and share transactions.

Common Stamp Duty Rates

  • Electronic Transfers: Flat ₦50 on transfers above ₦10,000
  • Property Conveyance: 1.5% of property value
  • Share Capital: 0.75% of issued share capital
  • Lease Agreements: 0.78% of annual rent
  • Loan/Mortgage: 0.5% of loan amount

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Frequently Asked Questions

A flat fee of ₦50 is charged on electronic transfers above ₦10,000. Transfers below this threshold are exempt.
Typically, the buyer pays stamp duty on property conveyance. The rate is 1.5% of the property value.
Yes, stamp duty of 0.75% is payable on the nominal value of share capital issued.
Certain transactions like government documents, charitable organizations, and educational institutions may qualify for exemption.
Disclaimer:This calculator provides estimates. Consult the NRS (formerly FIRS) for official guidance.
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