Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,158,110 members, 7,835,747 topics. Date: Tuesday, 21 May 2024 at 02:17 PM |
Nairaland Forum / Nairaland / General / Career / Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? (10009 Views)
What Profitable Skill Can I Learn Now Before The End Of The Year / How Much Is A Computer Science (c.s) Master Degree Holder Supposed To Earn / SARS Officers Are Not Supposed To Wear Plain Cloth While On Duty - PPRO, Dolapo (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by AKWATGOLD1(m): 3:19pm On Feb 29 |
Take home is 138k+ Mercylike: |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by Faithy04: 3:21pm On Feb 29 |
If he can go to the coustomer care in the bank can also help to explain the tax, pension and other levy and income |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by fuck419: 3:24pm On Feb 29 |
Net take home/monthly = 130,857 PAYE = 11,860 PENSION (7533+9416) = 16,949 NSITF = 942 |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by evuna: 3:25pm On Feb 29 |
iamoyindamola: Can I get this sheet? |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by Faithy04: 3:28pm On Feb 29 |
He should collect 152 thousand naira on daily basis If not up to that that means the remaining are deducted as tax |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by UyaiIncomparabl(f): 3:28pm On Feb 29 |
raphemmanuel: LOL. You sabi. They are always wealthy and earn big salaries in their heads and on social media. If you check that one now, e fit still be crumbie. Well, anyone can be whatever they want on SM. 6 Likes |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by iamoyindamola(m): 3:28pm On Feb 29 |
evuna:Quote me with your email |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by tobafy(m): 3:32pm On Feb 29 |
iamoyindamola: Please i dont mind if i can get a soft copy. I will so much appreciate. my email is: tosinoludimu01@gmail.com. Thanks in advance |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by OBTOREPA(m): 3:32pm On Feb 29 |
Mercylike:Payee tax %7.5 Employee pensions % 8 I.e %15.5 deductions to be made Let's %10 of 150k =15k %5=7.5k 15k+7.5+%.5(#750)=23,250 150k-23,250=#126,750.00 1 Like |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by DenreleDave(m): 3:33pm On Feb 29 |
iamoyindamola: Sent you an email.. Bros |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by t2luv1: 3:35pm On Feb 29 |
Mercylike: You lost me on Wardrobe. You mean like your clothing !!!! You will actually get paid for the clothes you wear or is it some sort of uniform? |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by iamoyindamola(m): 3:37pm On Feb 29 |
tobafy:Done |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by Buharidgeneral: 3:38pm On Feb 29 |
Mercylike: 126,857.33 net pay 11,142.67 tax 12,000 pension Thank me later 1 Like |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by evuna: 3:39pm On Feb 29 |
[quote author=iamoyindamola post=128708542]Quote me with your email[/quot |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by Dyfynezz12(m): 3:41pm On Feb 29 |
AlexBells:Did i hear u say nice meal? Here in Umuahia 6milk cups if garri is 1k,I do eat that twice or highest thrice |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by julybaba(m): 3:41pm On Feb 29 |
Mercylike: PAYE tax is 7% So , the calculation is correct. He should collect 127,500 after deduction |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by Opynion: 3:42pm On Feb 29 |
Breakdown of monthly pay: Gross pay = 140,833.33 PAYE = 10,496.00 PENSION = 7,533.33 (Employee contribution) Net pay is 122,804.00 The pension of 113,000 is a portion of Employer contribution annually . If he got 127k then it could be due to other undisclosed factor or error on the part of the HR. See screen shot below 2 Likes 1 Share
|
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by Wande22(m): 3:42pm On Feb 29 |
iamoyindamola: Pls can you share the template for me Via WhatsApp I want to understudy the Tax Rate VERY WELL 2 Likes |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by iamoyindamola(m): 3:42pm On Feb 29 |
evuna:Done |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by fadaroking: 3:43pm On Feb 29 |
IT IS CALLED CONTRIBUTORY PENSION SCHEME, YOU CONTRIBUTE SOME AMOUNT TOGETHER WITH YOUR EMPLOYEER Mercylike: |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by iamoyindamola(m): 3:45pm On Feb 29 |
DenreleDave:I don't use the email again, just quote me with your own email address |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by iamoyindamola(m): 3:47pm On Feb 29 |
Mercylike:Employer pension of 10% is from the company which will be added to the employee deduction as the monthly pension |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by SirVemmy: 3:47pm On Feb 29 |
Mercylike: Your Gross Salary per month is N150,000.00 Your Pension (Employee contribution) is 8% of your Basic, Housing & Transport which is N7,533.33 Your PAYE (Pay as you earn) is N11,821.60 Your Net Salary which is your disposable income is N130,645.07. Tell your HR to balance you up. |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by absrifun: 3:47pm On Feb 29 |
Mercylike:
|
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by Opynion: 3:49pm On Feb 29 |
evuna: Yea this computation is correct |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by evuna: 3:51pm On Feb 29 |
iamoyindamola: Thanks |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by iamoyindamola(m): 3:51pm On Feb 29 |
Opynion:Correct i reckon the employer don't remit employer pension which they added a fixed figure to his salary They are cheating his future and he doesn't know it Naija companies sha 2 Likes |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by iamoyindamola(m): 3:53pm On Feb 29 |
[quote author=absrifun post=128708872][/quote] You are using old paye law bros Law they have changed since 2 years ago if them catch you ehn 1 Like |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by AlexBells(m): 3:56pm On Feb 29 |
Dyfynezz12:I buy derica of garri 1200, it will serve me 6 meal. Now let’s look at this way, sometimes I prefer to eat akpu two hundred Naira own in the morning, two hundred Naira own in the afternoon, then in the night I can take tea and bread or akamu and plantain or akara now if I bought four Akpu that’s #400 I’m still left with 1600 then I buy one cup of melon, 350 then 600 fish, I don’t eat meat for some reasons. Then 100 bitterleaf I have the rest ingredients like oil, onions, etc. So you see 2K can cook decent meal for a bachelor who is okay with a decent life 1 Like |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by EconomistXplain: 3:56pm On Feb 29 |
Abegi!!!!...POS huzle better pass this one....so so big grammer |
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by Preator: 3:57pm On Feb 29 |
See below based on the Finance Act modification to PITA Assumptions 1. Medical is actually paid to you and not used in purcahsing medical insurance for you 2. You get your wardrobe allowance monthly 3. your employer pays NHF (it is elective now) The pension line is actually the 10% contribution from your employer. it's calculated as 10% of Basic, Housing and Transport. 1 Like
|
Re: Tax Experts, How Much Is He Supposed To Receive At The End Of The Month? by Quebec91(m): 4:09pm On Feb 29 |
No mind the guy up there spitting nonsense say 150k na nothing. E think say na everyone get luck for labour market. I can categorically say 60% of the employed goup earn less than that in Nigeria arinzos: |
Make Atleast N300,000 From This Secret Online Business / How The Nigerian Army Short Service Works / Why Skilled Workers Will Own The Future
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 53 |