The Governor of Abia State has approved tax reliefs to residents of Abia State to mitigate the economic impact of prevailing Covid-19 pandemic.

Find below Identified Sectors and their respective Waiver/Discount

1. Small Scale Industries/Artisans (PAYE and all forms of personal income taxes/direct taxes).

  • PAYE and all forms of personal income taxes/direct taxes) Filling and payment for past 3 years arrears

WAIVER/DISCOUNT

  • 25% waiver/discount for payment from now to end of July 2020;
  • 20% waiver/discount for payments in August 2020;
  • 15% waiver/discount for payments in September 2020.

2. TAX CLEARANCE

  • First-time Tax Clearance Certificate issuance (TCC)

 WAIVER/DISCOUNT

  • Reduced from minimum of N60,000 to the following:
  • Payments made in July 2020: N30,000
  • Payments made in August 2020: N35,000
  • Payments made in September 2020: N40,000
  • Payments made in October 2020: N50,000
  • Payments made in November 2020: N55,000

3. Capital Gains Tax

  • Reduced from 10% of value of Capital Gains to the following:

WAIVER/DISCOUNT

  • Payments made in July 2020: 5%
  • Payments made in August 2020: 6%
  • Payments made in September 2020: 7%
  • Payments made in October 2020: 8%
  • Payments made in November 2020: 9%

4. Property Tax

  • Abia Property and Land Use Charge (AbiaPLUC)

WAIVER/DISCOUNT

  • Waive 2 of the 3 years for all arrears paid before end of July 2020
  • Waive 1 of 3 years for payment in August 2020

5. LANDS

  • Purpose Clause

WAIVER/DISCOUNT

Reduce registration cost from N30,000 to:

  • N20,000 Payments made in July 2020
  • N25,000 Payments made in August 2020

6. LANDS

  • Certificate of Occupancy (CofO)

WAIVER/DISCOUNT

Reduce the cost by the following percentage for Urban Areas and Rural Areas:

  • July 2020: 50% of assessed fee
  • August 2020: 40% of assessed fee
  • September 2020: 30% of assessed fee
  • October 2020: 20% of assessed fee
  • November 2020: 15% of assessed fee

 


Signed 

Agbara Celestine B. A
Ag. Chairman/Chief Executive

 

 

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Umuahia, Abia State.
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