Spring Bank is approved by FIRS to collect levies and Taxes payable to the Federal Government of Nigeria under the Direct Payment System. The collections  is  done using the  Paydirect  solution  - an  on-line  realtime  collections  module  that  enables FIRS to access information  relating  to  collections  on- line  and ensures  prompt  and accurate  remittance  of    funds. The Federal taxes include:

• CAPITAL GAINS TAX
• COMPANY INCOME TAX
• EDUCATION TAX
• PAYE
• PERSONAL INCOME TAX
• PRE-OCCUPATIONAL LEVY
• STAMP DUTIES
• VALUE ADDED TAX
• WITHOLDING  TAX