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Nairaland Forum / Nairaland / General / Politics / How Much Tax Do We Pay On Salary? (4744 Views)
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How Much Tax Do We Pay On Salary? by Alldruns: 8:15pm On Jun 17, 2008 |
Hi guys, Does anybody know what is d actual percentage of tax an average Naija worker pays from his salary? Though d employer hs bn deducting dis arbitrarily frm source. I want to use d knowledge to design a standard pay-slip 4 d coy. We also want 2 use dis 4 our staff who may hv cause 2 present at embassies. Thx in advance. |
Re: How Much Tax Do We Pay On Salary? by jaybee3(m): 8:19pm On Jun 17, 2008 |
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Re: How Much Tax Do We Pay On Salary? by landis(m): 2:02pm On Jun 18, 2008 |
UK is about 38%, Nigeria about 25%. |
Re: How Much Tax Do We Pay On Salary? by megastu(m): 3:17pm On Jun 18, 2008 |
Guy, BRITISH HIGH COMMISSION DEY MONITOR DIS SIGHT. NO SPOIL UR CHANCES OR OTHER PEOPLE CHANCES. DO DIS IN PRIVATE. NA WAH FOR NAIJAS. U wan arrange docu, u still come site dey yarn am out. nA WAH FOR U. u dey fall my hand |
Re: How Much Tax Do We Pay On Salary? by Alldruns: 4:54pm On Jun 19, 2008 |
Thx Landis for your clue. |
Re: How Much Tax Do We Pay On Salary? by Tats(m): 11:17pm On Jun 19, 2008 |
landis: UK Basic tax rate is 22% and that of High income earners (I think those earning over £36,000) is about 40%. Nigeria is about 20% |
Re: How Much Tax Do We Pay On Salary? by Angybabe(f): 12:41am On Jun 20, 2008 |
Nigeria is 10% |
Re: How Much Tax Do We Pay On Salary? by Vicjustice: 1:59am On Jun 20, 2008 |
landis: Tats: Angybabe:Conflicting reports popping up, which to believe? The Poster is better-off not asking than to receive these figure riots in response |
Re: How Much Tax Do We Pay On Salary? by funkybaby(f): 11:28am On Jun 20, 2008 |
@alldruns Since your employer claims to be deducting your tax, why not talk to the accountant or whoever keeps the record books? He should know the correct percentage. Another alternative, if you are based in Lagos, go to tax office Alausa or any branch of first bank (preferably their head office or any of their regional/zonal offices), fill a tax assessment form and you will be told what to pay. Within a week you will get an authentic personal tax clearance receipt/certificate in your name that is valid for one year. The tax collected by Lagos state government depends on how much you earn/or you 'declare' you earn per annum. Infact,at First Bank's banking hall, you will see posters/signs clearly stating the tax that is to be paid according to various income categories. Union bank also offers the same service (go to their head office as well). |
Re: How Much Tax Do We Pay On Salary? by Tats(m): 10:11pm On Jun 21, 2008 |
Vicjustice: Well, these links should provide the actual rates. Nigeria: http://www.firs.gov.ng/information/individuals/personal_income_tax/index.html UK: http://www.hmrc.gov.uk/rates/it.htm |
Re: How Much Tax Do We Pay On Salary? by oluwabamis(m): 6:41pm On Jul 08, 2010 |
i pay 20% of my income as tax |
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