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Your Opinion Count On This "tithe Calculation". - Religion - Nairaland

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Your Opinion Count On This "tithe Calculation". by dafidixone(m): 3:12pm On Oct 23, 2007
Yet unresolved
The Acceptable offering and correct tithing.
Tithes Calculation for Business Owners: If you own a business, your "increase" is what is called "profit". It is the gross amount of money you have earned, minus all business deductions. You figure the tithe on that amount, your net earnings, before taxes are paid to the government. God comes first.

Total Income – (Capital + Expenditure) /10
For an example, you start your business with N10, 000 that represent your seed. During the accounting period, you have N25, 000 at hand. We assume you spent N2, 000 for your running cost. This you will have to do. Deduct your Capital (N25, 000 – N10, 000). You are left with N15, 000. Next deduct your N2, 000 expenses incurred; you will be left with N12, 000. Your tithe will then be 1/10 of the N12, 000. That is N1, 200.
Salary Earner: If you are a salary Earner, it is clear you have no Capital apart from strength and good health you invested. So your own calculation will be slight different from a business owners.
Total Income /10
For example we assume you receive N20, 000 per month. All you have to do is divide N20, 000 by 10 (20,000/10) this gives you N2, 000 as your tithe.
On Savings and Investments: As an investor, it is must be understood that an increase is what you invest.
Suppose you were just starting out on tithing, and you had N100, 000 in the bank or other investments. Your regular 10% tithes on earnings you get on the income N100, 000 will be N10, 000. But, let's suppose that instead of paying off that 10% right away, you decide to pay tithes on the earnings of that N100, 00 0.

For simplicity of calculation, let's assume that you're earning 1% interest on that money. So, at the end of 1 year you get 1% interest on N100, 000, which leaves you N1, 000 in earnings. Since 10% of that N100, 000 belongs to the Lord; you owe all of the interest on that 10%. And so, 10% of N100, 000 is N10, 000, and 1% interest on N10, 000 is N100, and so you owe N100 on the Lord's portion.

The remaining 90% of N100, 000 belongs to you, but you still owe 10% on the earnings of that portion. 90% of N100, 000 is N90, 000, and 1% interest on N90, 000 is N900. You owe 10% on those N900 earnings, which amounts to N90.


To contrast, if you had already paid the "whole value tithe" previously, and had N100,000 in the bank earning 1% interest, your earnings would be 1% x N100,000 or N1,000. Your tithe would be 10% of that, or N100."
Gifts and presents: This is important to our Children. Learn to give your tithe early in life.
Every gift in cash and kind (note that bribe is not a gift). So 1 /10 of the value of such gifts are expected as your tithe.

Tithe Calculation in Civil Service & retirement: Many faithful tithers over their working years have questions about tithing their income. They like to know the position of God on their income since government will deduct the tax directly from their pay source.

Since your taxes are deducted from your pay directly, you will have to pay your 10% to God on the amount you actually earn.
For example, if you receive N100, 000 and government deducted 5 %( N5, 000) of the Pay as tax. You will be left with 95 %( N95, 000). Your tithe will be 10% of the 95,000 (that is, N9, 500). God first yes but God also put those in Government in power. We need not be hypocritical about this.



Yet unresolved
Re: Your Opinion Count On This "tithe Calculation". by pilgrim1(f): 3:17pm On Oct 23, 2007
Hehe. . . 10% - we are so smart with the figures that we miss the whole point of the significance of tithing! grin

2 Corinthians 8:12 -- "For if there be first a willing mind, it is accepted according to that a man hath, and not according to that he hath not."
Re: Your Opinion Count On This "tithe Calculation". by dafidixone(m): 3:42pm On Oct 23, 2007
Please Contributors should please let us have their names in full for acknowledgement. It is optional please.

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