onatisi:


hmmm , i hear . i no go argue

frankmoney:
because there is nothing to argue about . The economy is bad yes we know , but there are so many other business thriving on it

Lakeside79:


Exactly too many people.here talk about what they don't know and I laugh

I ditched my green passport long ago for a better one and.my God life has been awesome.

Nigeria is a mirage painted to deceive people , there is nothing like built from scrscth and.works without the following

1. Foreign.investment
2. Political.money that is always huge and can be spent anyhow
3. Government connection so you don't have to pay tax for years till you want to

Ask companies like jobberman where they are today ... Today jobberman Alexa ranking has fallen so low , advert revenues have almost dried up the three young founders have sold off most of their shares since Seek pulled out most of their funding , in know those three personally and I can tell you that they are all wishing they sold off the company back then when seek offered big money for a larger staike , even whogohot owned by opeyemi is not finding it easy

Nigeria is a dead country .. if you are fortunate to earn some large cash please please please resist the temptation to start living so called normal.life , because whatever you think you live is just an average life compared to if you relocate

Nigeria is a failed country

fecta:
Beta stay in Nigeria because tax in the US is worse

adetoroamos:
I tell u my bro, imagine a printing company I just opened and they send a letter from local government for tax bill and PHCN give me 70k bill withing 2months and association is also billing me to pay certain amount of money. meeeeen am tired I wan blame myself gan cos I should have process Canada then.

LesbianBoy:
It's like Apostle is no more giving her plenty money

Afrocentric:
how do you know WHOGO host isn't finding it easy?

adetoroamos:
I tell u my bro, imagine a printing company I just opened and they send a letter from local government for tax bill and PHCN give me 70k bill withing 2months and association is also billing me to pay certain amount of money. meeeeen am tired I wan blame myself gan cos I should have process Canada then.

RiyadhGoddess:
This is not encouraging at all. I'm planning to come to Nigeria to invest come November 2018 and all this tax things I'm hearing about is really scaring me. I saw iyabo ojo's rants on tax. I remembered one woman who operates a fast food also complained bitterly. The comments I read online are so scaring. Federal govt tax, state tax, local govt tax, phcn, association, town council etc. Abeg how much be the profit wey person go they pay all this heavy tax? How would one pay salaries after tax deduction? What about the rent?
All these are scaring and not an encouragement to small business owners.

Please I want to ask, what's the way out? My question is for those that have successfully managed a business for years. How have you been able to cope with all these charges abi tax? Can these charges be reduced or negotiated?

I don't want to waste money and then go back and start from the scratch again o. To dey wash bathroom and toilet no easy at all.
If Nigeria is not opened for small business owners, it's better I remain where I am and look for a home base business to do or better still gather all my earnings and relocate to canada than to come to Nigeria and dash govt and her associates all my earnings.

adetoroamos:
I tell u my bro, imagine a printing company I just opened and they send a letter from local government for tax bill and PHCN give me 70k bill withing 2months and association is also billing me to pay certain amount of money. meeeeen am tired I wan blame myself gan cos I should have process Canada then.

Xda59:


Which kind printing company you open whey 70k dey hard to come out as tax. I hope say no be those obsolete printing press you get o otherwise, you never ready for business.

frankmoney:
that's a lie taxes in the UK and other socialist countries are extremely high

Parisfran:


It's not as bad as people are making it seem. The problem most people have is they dont want to pay for services.

In the US, even individuals pay accountants to help them with their taxes. The thing the tax authorities like here the most is actually an ignorant person, if you fall mugu ones, then that tax office will use you and meet target.
Another mistake is actually bribing them, if you do, they become more ludicrous.

adetoroamos:
I tell u my bro, imagine a printing company I just opened and they send a letter from local government for tax bill and PHCN give me 70k bill withing 2months and association is also billing me to pay certain amount of money. meeeeen am tired I wan blame myself gan cos I should have process Canada then.

queenfav:
Sorry bro. To solve your phcn issue, just close eye and buy a prepaid meter. That was the advise i was given and am glad i took it. I got mine for 20000 naira in Port Harcourt and i have peace. If I recharge 2000 naira, i use it d whole month (though, i don't run AC for long hours,only when i have special customers..lol).That's how i manage my life, else you will just be getting annoying phcn bill. Commercial tariff is higher, and estimated bill is always too outrageous . They cut the light of most of my shop neighbors. Some dey owe up to 200k.Imagine giving a tailor bill of 64000 for one month. He only has sewing machines, small tv and dvd. It's not like me that has a lot of energy sucking appliances (Dispenser, Ac, tv, stabilizers, hair straightener /curler etc). He is regretting not buying meter when i got mine. The issue can be annoying, but with prepaid meter you will have small peace of mind.

adetoroamos:
I tell u my bro, imagine a printing company I just opened and they send a letter from local government for tax bill and PHCN give me 70k bill withing 2months and association is also billing me to pay certain amount of money. meeeeen am tired I wan blame myself gan cos I should have process Canada then.

modify:- with an half cord machine of #950k and #125k generator in a shop am paying #90k per year is one unfortunate guy here call obsolete printing press. if only he can show me his achievement in life then I will accept that I am wrong.

adetoroamos:
I tell u my bro, imagine a printing company I just opened and they send a letter from local government for tax bill and PHCN give me 70k bill withing 2months and association is also billing me to pay certain amount of money. meeeeen am tired I wan blame myself gan cos I should have process Canada then.

queenfav:
lol.. U even have time answering him. Only a business owner can understand your plight. I know how much i spent setting up my hair shop, i never recover till now. Your shop rent is even cheap, that's some people's monthly rent here in Port Harcourt. Most shops go for at least 15000 monthly.

TheUbermensch:
And someone would ask why boys engage in internet fraud?

erico2k2:

Ok since you know about taxes in the UK, name 3 types of taxes an average worker pays in the UK?

erico2k2:

U cannot compare the Nigerian taxes with that of the USA, we pay way too much taxes in 9ja and little or nothing to show for it,9ja is the HQ of multiple taxation.

Newpride:
All good countries take tax, so tell me which country doesn’t take tax.

The only business that doesn’t pay tax in Nigeria is olosho.....
It’s advisable u go back to ur ashewo biz to u won’t pay tax.
U are even old self.

RiyadhGoddess:
This is not encouraging at all. I'm planning to come to Nigeria to invest come November 2018 and all this tax things I'm hearing about is really scaring me. I saw iyabo ojo's rants on tax. I remembered one woman who operates a fast food also complained bitterly. The comments I read online are so scaring. Federal govt tax, state tax, local govt tax, phcn, association, town council etc. Abeg how much be the profit wey person go they pay all this heavy tax? How would one pay salaries after tax deduction? What about the rent?
All these are scaring and not an encouragement to small business owners.

Please I want to ask, what's the way out? My question is for those that have successfully managed a business for years. How have you been able to cope with all these charges abi tax? Can these charges be reduced or negotiated?

I don't want to waste money and then go back and start from the scratch again o. To dey wash bathroom and toilet no easy at all.
If Nigeria is not opened for small business owners, it's better I remain where I am and look for a home base business to do or better still gather all my earnings and relocate to canada than to come to Nigeria and govt and her associates all my earnings.

adetoroamos:
for me to get prepaid meter here in osun, I will have to pay #65k and clear my debt of #70k with them that's #135k nitori oloun

adetoroamos:
I tell u my bro, imagine a printing company I just opened and they send a letter from local government for tax bill and PHCN give me 70k bill withing 2months and association is also billing me to pay certain amount of money. meeeeen am tired I wan blame myself gan cos I should have process Canada then.

modify:- with an half cord machine of #950k and #125k generator in a shop am paying #90k per year is one unfortunate guy here call obsolete printing press. if only he can show me his achievement in life then I will accept that I am wrong.

Parisfran:


Bros, you can do business in Nigeria and actually pay very little if you do the right thing.
Yes our own tax rate is high at 30%, but I'm sure you've heard of tax planning before.

If it's so bad, how come people are actually getting richer while doing business in Nigeria. Do you know you can actually settle most issues with just a letter?

queenfav:
Lol @ To dey wash bathroom and toilet no easy at all.
Stay where u dey o.. Uhmm! Nigeria will frustrate your efforts to run a business. I know that first hand. Personally i don't pay tax. My business name is registered, but i don't even have a corporate account. I don't like stress at all biko. Even P. O. S, i no do o. My customers do bank transfer to me.My saving grace is that my shop is in a Police Officer's wives association plaza. Nobody like council or local government comes there to bill us. Even signboard fees people usually pay, i didn't pay a dime because that plaza has immunity from such bills. Since i paid my rent, the only thing i do is just buy my phed unit of N2000, do gotv subscription N1900 and am good to go for the month. Another thing that helps is to buy a prepaid meter. A nepa staff that buys hair from me gave me that advice. Those that are waiting for free one have already incurred bill that's times two or more of what they wud av used in buying a meter. I got mine 20000 and i thank God daily because nothing concerns me and phed again. If I exhaust my unit and decide to stay in darkness, nobody would harass me. Just do your due diligence well before moving to Nigeria to set up a business, it's just God that has been favoring me so far.