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TAXPAYERS · INFORMAL SECTOR

Traders, artisans and the informal sector

Most economic activity in the State happens in markets, workshops, motor parks and roadside premises. The presumptive tax arrangement exists so that these taxpayers can comply simply — one flat annual charge, paid in instalments if it helps, with no accounts to file.

Why presumptive tax exists

The Personal Income Tax Act contemplates, in section 6(6), that where the income of a taxpayer cannot readily be ascertained, tax may be assessed on a presumptive basis. That provision is what allows the Service to charge a trader in Kwari Market or a mechanic in Sabon Gari a flat annual amount instead of requiring audited accounts that neither party could sensibly produce.

The flat charge is ₦12,000 a year, against revenue head 11010003, and it may be paid in monthly or quarterly instalments through any accredited channel. It discharges personal income tax for the year. What it does not cover is business premises registration, which is separate, or any sector licence the activity requires.

The arrangement is deliberately generous, because the objective in this sector is not maximum yield from each taxpayer but bringing people into the register at all. A trader who is registered, holds a TIN and pays ₦12,000 a year has a tax record, can obtain a tax clearance certificate, can bid for a small government supply contract and can borrow against a documented trading history. A trader who is invisible has none of those things.

Who this covers

Market traders

Stall and lock-up shop traders in Kwari, Sabon Gari, Dawanau, Yankura, Rimi and the LGA markets.

Artisans and craftsmen

Mechanics, welders, tailors, carpenters, vulcanisers, electricians, barbers and hairdressers operating from a fixed point.

Transport operators

Tricycle and motorcycle operators, taxi drivers and small commercial operators working for their own account.

Food vendors

Small food sellers, tea sellers and roadside caterers below the consumption tax threshold.

Petty traders

Provision store keepers, phone accessory sellers, recharge card dealers and similar small retailers.

Small farmers selling commercially

Farmers and livestock traders selling into markets rather than subsisting.

What the informal sector pays

Charge Amount Frequency Revenue head Notes
Presumptive personal income tax ₦12,000 Annual 11010003 Payable in monthly or quarterly instalments
Development levy ₦500 Annual 12060001 Every taxable adult
Business premises registration (rural) ₦2,000 first, ₦1,000 renewal Annual 12060003 / 12060004 Where the trader has a fixed stall or shop
Market stall rent ₦18,000 Annual 12050006 Open stall; lock-up shops ₦60,000
Tricycle licence and roadworthiness ₦13,000 Annual 12070007 / 12070014 For Keke operators, plus ₦3,000 hackney permit
Motorcycle licence and roadworthiness ₦9,000 Annual 12070006 / 12070013 Plus ₦3,000 hackney permit for commercial use

How to come into the register

1

Get a TIN

Free. Bring your NIN slip to any area revenue office and it is issued while you wait, or do it on a phone in about fifteen minutes.

2

Register the stall or workshop

The area revenue officer records the location, the trade and the market or ward. This is what stops you being enumerated twice.

3

Choose how to pay

The full ₦12,000 in one payment, ₦3,000 quarterly or ₦1,000 monthly. Instalments are set up once and paid by USSD or POS at the market.

4

Pay through a proper channel

Bank, POS, USSD or the market agency POS. Never in cash to an individual, and never without a receipt bearing a receipt number.

5

Keep your receipts

Your electronic receipts are your evidence and are what a tax clearance certificate is built from at the end of the year.

Nobody may collect cash in a market

No revenue officer, market association official, task force member or "consultant" may collect State revenue in cash. Every payment goes through a bank, a POS terminal, a USSD string or the market agency POS, and produces an electronic receipt with a receipt number.

If someone demands money in a market without producing a payment reference and issuing an electronic receipt, they are not collecting State revenue. Report it on the whistleblower line with the market, the date and the name if you have it.

A market association may collect its own dues for its own purposes, but that is not State revenue and must not be presented as such.

Register at the market office

Enumeration teams visit each market on a published schedule, and every area revenue office registers walk-ins.