Capital Gain Tax (CGT)

Capital Gain Tax (CGT)
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Capital Gain Tax (PIT)

Capital Gains Tax

  • Introduction

Scope/Companies covered

All chargeable assets are subject to Capital Gains Tax when disposed at a gain aside those specifically exempted by the Act.


Rate of Tax

The rate is charged at a flat rate of 10% of chargeable gains.


Enabling laws

Capital Gains Tax Act, Cap C1 LFN 2004 (amended)


Recent Amendments

  1. Compensation for loss of employment below N10m to be exempted from CGT

Kindly click the link below to download the Capital Gain Tax Law



Captial Gain Tax: =N=

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