VAIDSNG:
Voluntary Asset and Income Declaration Scheme (VAIDS) is a scheme by the Federal Government to help increase tax awareness and compliance among Nigerians. This scheme grants all tax-paying citizens a limited opportunity to regularize their tax status without penalty or interest charges.

All citizens are advised to declare their assets as the Federal Government have put in place a team of international asset tracers and investigative specialists to help track assets held by Nigerians. The scheme would last from the 1st July 2017 to the31st March 2018 after which there will be no form of compassion for tax evaders who fail to utilize this scheme.

VAIDS offers a very flexible payment plan with provision for installment payments in the scheme. This scheme, like many other successfully implemented international tax schemes, will help to generate a substantial amount of revenue to complement the dwindling revenue generated from oil. The scheme is estimated to help generate about US$1billion worth of revenue. These funds would help to reduce Nigeria’s borrowing needs,spur development and allow investment in vital infrastructure.

To find out more about this scheme please visit: http://vaids.gov.ng/ or follow VAIDSNG on Twitter and Facebook. ideclareng on Instagram.

timilehing:
Unemployed people go join declare assets too?
I con dey wonder how people wey dey make money via Nairabet go dey pay tax

asuustrike2009:

Provided you're not earning any income, an unemployed person is exempted

mrvitalis:
Honestly ...

If you that a look at all the top 25 economy in the world

Compare gdp to their yearly national budget/revenue then compare what you see to Nigeria you would instantly know why we are undeveloped

You can have a national budget lest than 5% of your gdp and expect something serious

Until we have a budget of at least $100bn we can get any meaningful development

The people must be made to pay tax so taut they in turn would be forced to check mate their leaders and not be easily bribed or moved by sentiment during election

VAIDSNG:
Voluntary Asset and Income Declaration Scheme (VAIDS) is a scheme by the Federal Government to help increase tax awareness and compliance among Nigerians. This scheme grants all tax-paying citizens a limited opportunity to regularize their tax status without penalty or interest charges.

All citizens are advised to declare their assets as the Federal Government have put in place a team of international asset tracers and investigative specialists to help track assets held by Nigerians. The scheme would last from the 1st July 2017 to the31st March 2018 after which there will be no form of compassion for tax evaders who fail to utilize this scheme.

VAIDS offers a very flexible payment plan with provision for installment payments in the scheme. This scheme, like many other successfully implemented international tax schemes, will help to generate a substantial amount of revenue to complement the dwindling revenue generated from oil. The scheme is estimated to help generate about US$1billion worth of revenue. These funds would help to reduce Nigeria’s borrowing needs,spur development and allow investment in vital infrastructure.

To find out more about this scheme please visit: http://vaids.gov.ng/ or follow VAIDSNG on Twitter and Facebook. ideclareng on Instagram.

DarryOsh:


Pay tax to a government that is not responsible. People say that citizens in countries like the UK pay exhorbitant tax but the citizens are gladly paying it because they enjoy the benefits. IN Nigeria nko? Let me not even start.

I provide my own power, I provide my own security. No infrastructure: poor roads mean that I spend more on vehicle maintenance, poor postal services mean that I pay a lot for DHL, Poor transportation network means I die slowly in traffic and waste my life slowly (after all, time is life right?). The list goes on an on. I pay to provide all these and more for myself. If you ask me, I think I already pay too much tax.

How can you be talking about higher taxation when our senators are earning fortunes for doing nothing, taking delivery of cars as if more than half of the country is not living below the poverty line. Ordinary power our government cannot provide, but they want to generate more revenue via tax. They have finished drinking the oil, now they are looking towards tax. Kuku kill Nigerians na.

If you want to compare Nigeria to other countries, don't just compare tax, compare quality of service delivery, compare standard of living, compare government responsibility, compare quality of life as well.

mrvitalis:


How can you improve on all those if people don't pay tax and hold their leaders accountable

It's tax before development and not develops met before tax ( we are not as lucky as the rich Arab countries )

HAH:
The annoying part is you pay your tax only for someone to steal it and oppress you

idealvun:
THEY PAY,VAT IS ALSO TAX.THEY INCREASE VAT ADD POSTAL CHARGE STILL D GOVT SAYS THEY DONT HV MONI

Rchibs:
¤ If you have Food in your house, Clothes on your body, A roof over your head and a place 2 sleep, You're richer than 75% of the entire world.
¤ If you have Money in your wallet, A little change, And Can go anywhere you want You are among the top 25% of the world's wealthy people.
¤ If you are alive today with more health than illness, You are more blessed than the million people who will not survive this week and die.
¤ If you can actually 'READ' this message and understand it, You are more fortunate than the 3 billion people in the world who cannot see, cannot read or suffer mental retardation.
¤ Life is not about complaining pain and sorrows. It's about a thousand other reasons to Thank God.

VAIDSNG:
Voluntary Asset and Income Declaration Scheme (VAIDS) is a scheme by the Federal Government to help increase tax awareness and compliance among Nigerians. This scheme grants all tax-paying citizens a limited opportunity to regularize their tax status without penalty or interest charges.

All citizens are advised to declare their assets as the Federal Government have put in place a team of international asset tracers and investigative specialists to help track assets held by Nigerians. The scheme would last from the 1st July 2017 to the31st March 2018 after which there will be no form of compassion for tax evaders who fail to utilize this scheme.

VAIDS offers a very flexible payment plan with provision for installment payments in the scheme. This scheme, like many other successfully implemented international tax schemes, will help to generate a substantial amount of revenue to complement the dwindling revenue generated from oil. The scheme is estimated to help generate about US$1billion worth of revenue. These funds would help to reduce Nigeria’s borrowing needs,spur development and allow investment in vital infrastructure.

To find out more about this scheme please visit: http://vaids.gov.ng/ or follow VAIDSNG on Twitter and Facebook. ideclareng on Instagram.

mrvitalis:
Honestly ...

If you that a look at all the top 25 economy in the world

Compare gdp to their yearly national budget/revenue then compare what you see to Nigeria you would instantly know why we are undeveloped

You can have a national budget lest than 5% of your gdp and expect something serious

Until we have a budget of at least $100bn we can get any meaningful development

The people must be made to pay tax so taut they in turn would be forced to check mate their leaders and not be easily bribed or moved by sentiment during election

sophoccles:


How can you compare tax to oil, are you as ignorant as that stup!d hypocrite, Kemi Adeosun? If your citizens are unemployed or underemployed what do you plan to tax?

Foster a productive working class before you talk about tax being the new oil, otherwise you are just talking RUBBISH!

DutchBruh:

We are undeveloped because Nigerian leaders have looted $400 billion dollars since 1960. Give them all the money in the world and nothing will change in the country

DarryOsh:


The Bible says he who is faithful in little will be faithful in much. With all the money we made from crude we are where we are today.

Did you read what I wrote? I said our senators are living large to the detriment of the masses, buying themselves cars from the national cake.

Politicians that cannot slash their own outrageous salaries even in the face of economic downturn want the poor citizens to pay more taxes. Does that even make sense?

So you honestly believe our current crop of leaders will collect more tax and overnight they will change and begin to be prudent with the national cake. No! It will be business as usual. They will steal us blind. Nothing will change!

Let the government put their money where their mouth is by showing responsibility, then we will probably trust them by sacrificing more via taxes for a better future. What we have currently is not a responsible government. It is a shamelessly corrupt and selfish one.

nurey:
I have five Bentleys, Seven high rise towers worth millions of dollars, ten businesses raking in an average of $5,000 per month and atleast 100s of cars parked in different states in the country who am I

Answer: Tommy Vercetti

A country without data of the whole citizens living on her shores, no public assistance whatsoever to citizens, disregard for citizen welfare. Tax is like a relatinship which is supposed to be two way, you give and receive, the kind of government we run in this country is recieve only at the expense of your citizens.

Goodluck to the detectives and sniffers they really need it.

mrvitalis:
Honestly ...

If you that a look at all the top 25 economy in the world

Compare gdp to their yearly national budget/revenue then compare what you see to Nigeria you would instantly know why we are undeveloped

You can have a national budget lest than 5% of your gdp and expect something serious

Until we have a budget of at least $100bn we can get any meaningful development

The people must be made to pay tax so taut they in turn would be forced to check mate their leaders and not be easily bribed or moved by sentiment during election

Ovamboland:


And you believe fostering a non-tax paying culture is a sure route to make our country arrive at where we all desire it be?

Don't you think making everybody pay their fair share of tax is a sure route to ensure we all start asking the right questions and less people will see collecting just 1k to vote as your fair share of national cake in 4 years

DarryOsh:


If I get you right, people can only ask the government the right questions when they pay their fair share of taxes. But we already pay more than our fair share indirectly. If this is not enough to ask the right questions then I don't know what will make us ask those questions.

I think all the noise about taxes is denial of the problem. Taxation is not our problem (at least at the moment). Bandaging your arm will not cure a headache. Nigerian politicians are not talking of slashing their outrageous salaries and benefits even in the face of economic downturns, yet they want more taxes.

Do you get my point?