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Nairaland Forum / Nairaland / General / Politics / Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car (9152 Views)
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Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by DJNiyi(m): 10:51am On Oct 23, 2009 |
Culled from BusinessDayOnline - Source Slams N0.62m tax on luxury car |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by DJNiyi(m): 10:52am On Oct 23, 2009 |
Absolute Power Corrupts. The Lagos State Government is clearly drunk with power and is increasingly unaccountable to the residents of the State. New anti-people, anti-economic progress, anti-self determinism policies emanate from this government. We are blinded by the propaganda of new roads and street lights and we no longer see the rape of our liberties. We need a strong opposition (not necessarily a change of governor) at the next election. A real opposition that can bring this AC government to account. A one-party state is not good for Nigeria, and is certainly not good for Lagos State. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by bibiking1(m): 11:01am On Oct 23, 2009 |
This is funny! |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by Nobody: 11:06am On Oct 23, 2009 |
This is good oh, now we will see how many people will be able to keep up bisg boy and bisg girl image. I can imagine, after colleccting bank loan to buy Jeep where they money for tax will come from |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by kidsam: 11:10am On Oct 23, 2009 |
@ aisha I can see ur frustration, ur beef for the priviledged ones clouded your thinking in this matter. Did you read the whole story? where you able to deduce that car tax is unfounded? |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by Nobody: 11:15am On Oct 23, 2009 |
kidsam:I dont have Beef for privilaged peeps, am privilaged too, but its crazy and idiotic the lenghts lots of people go to keep up with an image. I am by the way entitled to my veiws. Lots of people buy these cars to keep up with the Joneses, Most times they cant afford it, Imagine collecting a loan of 12 million to buy a range rover |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by kidsam: 11:17am On Oct 23, 2009 |
@aisha, if that is your argument, i understand, but we cannot say because a finger is bad then we cut the whole arm. Imposing such taxes will not stop people from living above their means, it will only make them device other ways of living above their means. No disrespect meant anyways |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by Nobody: 11:26am On Oct 23, 2009 |
kidsam:Thanks, I get your point too. You could be right but I guess the Governor needs money to execute the Mega city plan and since they have been stopped from implementing the hotel tax they came up with this. Thanks for your gentlemanly response, we dont see a lot of that on Nairaland. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by zuuby(m): 11:59am On Oct 23, 2009 |
Good to see people discussing issues like adults. kidsam ,aisha2 KUDOS |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by Jeovy(m): 12:17pm On Oct 23, 2009 |
I hope this so called act is no respecter of persons |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by switch47(m): 12:20pm On Oct 23, 2009 |
@ kidsam and aisha2 We hardly find such sensible display of maturity in dicussion of issues on Nairaland these days- it takes intelligence to discuss without throwing darts at each other. if most people are like this on this site- a lot more members will be actie in the long run!! nice!! @ post The tax thing should be thrown into the bin. period |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by go4gold107(m): 12:32pm On Oct 23, 2009 |
I have one of such letters from them already. LIRS is getting crazy. I only became taxable in Lagos state in 2008 and my employers have settled my tax under PAYE. However, I have the letter with tax computation between 2006-2008 amounting to over 1 million naira. My Tax Advisers are currently looking at them and will file a response soon. Lagos is turning to something else! Crazy and Desperate Assumptions by LIRS! |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by lysim: 12:44pm On Oct 23, 2009 |
Na wa ohhhh! No be small tin. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by Kobojunkie: 12:48pm On Oct 23, 2009 |
SO, what if you purchase a car off friend, do you still need to pay tax to the government for that purchase? Section 38 of the Capital Gains Tax Act (LFN 1990) which made provision for Motor Cars states that “a mechanically propelled road vehicle constructed or adapted for the carriage of passengers shall not be an asset for the purpose of this Act unless it is a vehicle of type not commonly used as private vehicle and is unsuitable to be so used.” What cars are considered luxury cars and what cars do not qualify? He, however, queried the rationale for taxing a car or the threat to impound the vehicle as contained in the letter. “No tax is payable in respect of a car in itself because This is some serious stuff! |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by damola1: 12:57pm On Oct 23, 2009 |
This is senseless, But of course it's not a democrazy, rather fashola military. I am so afraid to still live in Lagos, if I park here, they'll carry my car, and still tell me I am not paying one tax or the other. Now I don't even have car. Forget all this mega dreams, I pay at least 100k for fuel every month, If fashola is man enough let him fix the most important things like electricity. Then I will pay him 150k per month. He's going GAGA, and he's forgetting that he needs a supportive people for a successful admin. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by kidsam: 12:57pm On Oct 23, 2009 |
I really don't know whats up with this lagos state govt. they are coming across as wolf in a sheep's clothing |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by kidsam: 12:58pm On Oct 23, 2009 |
@ damola Thats what i think fashola wants to achieve, he wants to chase as many people as possible out of lagos |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by Nobody: 1:06pm On Oct 23, 2009 |
I have said it before and i will say it again: The priase wey Fashola dey get don dey enter him head small small. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by lekside44(m): 1:17pm On Oct 23, 2009 |
can somebody relate this with what isd obtainable in london. there is this talk that high tasking on luxary cars prevent many londoners from 'FLASHING'. well, i feel there will be problem assesing the values of these so called luxary cars. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by kidsam: 1:24pm On Oct 23, 2009 |
Lekside, we cannot compare this with what obtains in london, in london, people don't have to buy 4 wheelers because of bad roads, but here u need to save up for one for the bad roads to be bearable. I believe you have been to london or maybe you are there now, are the ammenities over there comparable with what we have here? and this is grossly the fault of the kind of governance we've had so far. Then why does our govt. find it so easy to subject us to similar taxes as londoners when we don't enjoy 1/1000th of what the londoners enjoy. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by lannre(m): 1:29pm On Oct 23, 2009 |
IS IT COMPULSORY TOHAVE A MEGA CITY ,when people are still jobless,no power,all some roads are abandon for two years creating hardship, Iju Road, Yaya Abatan both in Ogba are Example. Can he please account for all Federal allocations collected so far, Internal Generated revenue, what economic benefits is the 100,200,300,400,500,600, days anniversary, what is the, please spare me Mega City ! |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by Nezan(m): 1:36pm On Oct 23, 2009 |
No need complaining . . . responsible citizens pay they taxes. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by lexandra(f): 1:44pm On Oct 23, 2009 |
STOP 'N SEARCH, CRAZY!!. WILL THIS BRING THE DESIRED CHANGE |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by kidsam: 1:46pm On Oct 23, 2009 |
@ Nezan What kind of taxes are responsible people supposed to pay |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by beknown(m): 2:06pm On Oct 23, 2009 |
In London, the Pay-As-You-Earn (PAYE) system of taxation affects every employed person. It is a progressive system of taxation. PAYE has no relevance to the car you drive, car or no car. The Road Tax system in London covers every car on the road. High Emission cars in London pay higher Road Tax. All luxury cars in London do not pay high Road Tax. In fact, some luxury cars have Road Tax exemption if it is environmentally friendly e.g. Electric cars, etc. High Emission cars in London, whether luxury or not, are paying high Road Tax. There is only one Road Tax all over the United Kingdom. However, in Central London, there is a daily Congestion Charge or Congestion Tax. If you avoid the affected areas in Central London, you will escape the payment. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by kidsam: 2:09pm On Oct 23, 2009 |
@beknown Please can you now relate your explanation to what lagos is trying to do. thanks |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by beknown(m): 2:11pm On Oct 23, 2009 |
If the tax is fair on everyone, everyone will pay it without complain. It looks like the new tax system is not fair. Lagos State Government should do better. Income tax and Car tax should be differentiated. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by Kobojunkie: 2:15pm On Oct 23, 2009 |
kidsam: Probably any tax that comes out of the mouth of Fashola, Fair or Not, No questions asked. Roflmao!!! |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by kidsam: 2:18pm On Oct 23, 2009 |
@kobojunkie Then that makes us all Fasola zombies |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by strangleyo: 2:24pm On Oct 23, 2009 |
Taxes are taxes. In developed countries, they are as common as death. It is only natural there will be backlash. In countries such as Canada, the USA and Britain, the Local governments are responsible for utilities, schools, hospitals, and so on. Everyone is taxed, in Canada and America, there are no payments transferred from the Federal Government to local governments. LGs must fend for themselves AND pay to the federal government for national services such as professional army, land taxes and so on. This is another push for true Federalism from the Fashola Administration which is trying to move away from the dependence of federal allocations. Paying taxes hurts, but not paying them hurts even more in the long run. Many Nairalanders complain about the "north" sucking the south dry, well, this is a first step to real federalism, revenues being generated locally through tax collection. The Oil won’t be there forever, generating revenue at the grass-roots must start somewhere. |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by Kobojunkie: 2:28pm On Oct 23, 2009 |
kidsam: YOu mean there are those who are not Fasola Zombies already?? No make the Fashola-Patrol hear that one from you ooo!!!Roflmao!! |
Re: Lagos Begins Stop And Search Tax Policy. Slams N0.62m Tax On Luxury Car by lannre(m): 2:29pm On Oct 23, 2009 |
strangleyo: Why compare Nigeria with these countries for God sake ! are we enjoying same amenities as their citizen, you cant beat something on nothing. |
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