₦airaland Forum

Burob:
I like that, All Desperate Criminals (ADC).

Reactivated the attack moniker. Why do you like incompetence and support fraud, illegalities and rascalities

Are you a yoruba man ?

aswani:
Still no proof, nutin do you.

You are deceiving yourself

aswani:
You don't live by propaganda yet I am am agent of APC that receives laptops.

You get any sense at all so?

Umahi listed projects, you have not disproved any of them yet we are supposed to believe you over him when you say 90% of roads are in a terrible state. Did you go to all Federal roads or pull the figure out of thin air like a typical Obidient?

Mr Traveller, ńa only you wan dey travel.

And this is the reason you are an APC agent who live by propaganda and for propaganda. I an not the only Nigerian who have come out to say rhesame thing that the federal roads in Nigeria are in a terrible state.

Continue supporting propaganda. If you choose propaganda for stipend you only mortage your future not mines

Tinubu - "father of the Nation"

Remi- " our mama" Seyi Tinubu-" leader of the Youth" ,iyaloja - "market leader"

I have never seen where criminals force themselves to be "leader" of the "people" while giving them wicked policies

This is obsession taken too far

aswani:
So you did not read all the projects President Tinubu's government have carried out in the land of your neighbours from the East as stated by Umahi?

If those projects are not true, why not state it with proof instead of berating Umahi.

Exactly which projects are you talking about. Which of the road projects. If you live by propaganda, I do not.

90% of the roads in Nigeria are in a terrible state. If you don't travel from your enclave, then you have no choice other than to live by propaganda

You are an agent of Apc who receives Laptops to support and attack those against the malicious propaganda of those who sent you online.

Apc agent travel. Travel and make a Sound judgement of the Nigerian roads and dönt just live by and for propaganda and press Release of propaganda

[quote author=Burob post=137847522][/quote]
Senseless

Guestmale:
Go home and sleep and stop disrupting our peace here.

Another lie you tell yourself. Next Level failed you. Renewed hopelessness is failing you again. Peace has eluded APC since their snatch

You are just a victim of your own propaganda

Burob:
Papa & Mama.

Senseless comment

Guestmale:
Then close shop and go home if you don't have any other contradictory copy.

Stop the doctored tax reforms APC agent

Burob:
Papa & Mama.

Comments always senseless

Umahi your tenure and time Will pass. People before you did more than what you are doing today. Our neigbours from the East knöws how to keep receipts.

Umahi you are not only blöwing your masters trumpets so loud and dancing dirty to the tunes

Burob:
Validated ignorance @ work again, maybe the tribal team amended the law to benefit only a particular ethnicity?

All your comments on Nairaland are always senseless.

Are you a yoruba man ?

Guestmale:
Post the one you have that contradict this.

You an Apc agent so there is nothing for you than to copy an altered Tax reform which is different from the one the NA passed

Guestmale:
If you have problem in reading and comprehend, click this and watch.

https://www.facebook.com/otokinie/videos/1757617328450455/?mibextid=rS40aB7S9Ucbxw6v

You don't even know from which one you are copying.

The question again is, is the tax reform copied from the altered reforms Tinubu went behind the back door to gazette without input from the NA or the tax reform you are referencing was the one deliberated by the NA before Tinubu added his own tax clause to it?

IT seems you just went to copy what does not make sense to you and you put comprehension in thesame sentence to gaslight

Guestmale:
QUESTIONS & ANSWERS ON THE NEW NIGERIA TAX LAW*

I BELIEVE THE INFORMATION MAY BE USEFUL TO SOMEONE.

(SPECIFIC FOCUS ON INDIVIDUALS AND SMALL BUSINESSES)

🟢 Q1:
When will the new Nigeria Tax Act take effect?

A1:
The new Nigeria Tax Act takes effect from 1st January 2026.*



🟢 Q2:
Which specific individuals does the Nigerian Tax Law apply to?

A2:
It applies to all individuals who earn income in Nigeria (workers, content creators, remote workers, influencers, traders, etc.) and to Nigerians earning income abroad if they are tax residents in Nigeria



🟢 Q3:
Will transfers and deposits into my bank account be taxed?

A3:
NO. Moving money around (via POS, transfers, deposits, or withdrawals) is not a taxable event. What is taxed is income earned.



🟢 Q4:
Will the money I KEEP in my bank account be taxed from 2026?

A4
NO.
Just having money in your account is not taxable.
Only the income you earn (like salary, business profits, or interest) is what can be taxed.



🟢 Q5 :
I’m a student with no job. Will I pay tax in 2026?

A5:
NO.
If you have no taxable income, you won't pay tax.



🟢 Q6:
Will tax authorities now monitor bank accounts of businesses more closely?

A6:
YES,
It will be easier for authorities to track compliance.

However,
Your bank balances will not be taxed; profits and income are.



🟢 Q7 :
Will I pay tax on the loan I borrow from Fairmoney or any lender?

A7:
NO.
Loans are not taxable given that they are not income.

However, the interest income earned by Fairmoney will be taxed in their own hands.



🟢 Q8:
I run a one-man business.

Do I pay personal income tax or company income tax?

A8:
If registered as an enterprise (business name), you pay Personal Income Tax.

If registered as a limited liability company then you pay Company Income Tax.



🟢 Q9:
If I sell shares and make a profit, will I pay tax in 2026?

A9:
NO,
as long as the shares you sold are not more than ₦150 million in value, and the gain is not above ₦10 million.

However, if it is higher than this threshold, the gain becomes taxable.



🟢 Q10:
I am a pensioner.
Will my pension income be taxed in 2026?

A10:
NO.
Approved pension and retirement benefits are exempt from tax.



🟢 Q11:
Are military salaries taxable?

A11:
NO.
The salaries of military officers are now tax-exempt.



🟢 Q12:
Do creatives (authors, musicians, sportsmen) still enjoy tax exemptions on foreign income?

A12:
NO.
They must now pay Nigerian tax on their income earned within Nigeria and outside.



🟢 Q13:
Are crypto gains taxable?

A13:
YES.
Profits from crypto, NFTs, and other digital assets are now taxed.



🟢 Q14:
Who is exempt from personal income tax?

A14:
Individuals earning the national minimum wage or less, and those earning below ₦800,000 annually, are exempt.

🟢 Q15:
What are the new progressive tax bands?

A15:

👉First ₦800,000 @ 0%
👉Next ₦2.2m @ 15%
👉Next ₦9m @ 18%
👉Next ₦13m @ 21%
👉Next ₦25m @ 23%
👉Above ₦50m @ 25%



🟢 Q16:
If I get a big severance package when leaving my job, will I pay tax on it?

A16:
You won't pay tax if it is ₦50 million or less,
BUT if it is more than the extra amount, it will be taxed using the progressive tax band in no 15 above.



🟢 Q17 :
If I earn dividends or rent from abroad,
Will Nigeria tax it?

A17:
Dividends, interests, rent, royalties earned from outside Nigeria are EXEMPT from tax provided they are brought into Nigeria through approved channels (banks).



🟢 Q18:
If a soldier or anyone in the armed forces gets injured in service and starts receiving a disability pension, will it be taxed in Nigeria?

A18:
NO.
The disability pensions earned by the soldier or anyone in the armed forces will be completely tax-exempt.



🟢 Q19:
My uncle wants to start an agricultural company next year.
Will his company be taxed in Nigeria?

A19
NO.
Agricultural companies such as those in crop production, livestock, forestry, dairy, and cocoa processing will enjoy a 5-year tax holiday from the date they begin operation.



🟢 Q20
Is income from Federal or State Government bonds taxable?

A20
NO,
All government bonds are exempt from tax.



🟢 Q21
What does rent relief entail under the new tax law?

A21
YES.
From 2026, individuals can claim rent relief of 20% of the annual rent paid, but capped at ₦500,000.

For instance,
If your yearly rent is ₦5 million, 20% would be ₦1 million, but the law caps it at ₦500,000.

To enjoy this relief, you must declare your actual rent and provide the details to the relevant tax authority.



🟢 Q22
I earn 6m yearly, will I be better off under the new tax law?

A22:
Old law:

👉CRA = 20% of ₦6m (₦1.2m) + ₦200k = ₦1.4m.

👉Taxable income = ₦6m − ₦1.4m = ₦4.6m.

👉Applying old tax bands gives a total tax of ₦896,000.

👉New law (NTA 2025):
* Rent relief = ₦500k (must declare actual rent).

👉Taxable income = ₦6m − ₦500k = ₦5.5m.


👉Applying new bands:
* 👉First ₦800k @0% = 0

* 👉Next ₦2.2m @15% = ₦330k

* Remaining ₦2.5m @18% = ₦450k

* Under the new law, tax reduces from ₦896k to ₦780k, saving ₦116k.

* This will increase your net pay (take-home pay).



🟢 Q23
* If my company's turnover is below ₦50 million, will I pay tax?

A23
NO.
* Small companies with a turnover of less than ₦50m are exempt from taxes.



🟢 Q24
As a remote worker in Nigeria for an international organisation, will I pay tax?

A24
YES,
You will pay tax in Nigeria if the country where the international organisation is based exempts your salary under a treaty or diplomatic arrangement.



🟢 Q25
Will a foreigner earning a salary in Nigeria be taxed?

A25
NO,
if their employer is a start-up,
or operates in tech or creative arts, and their income is already taxed in their country of residence.

Was this from the doctored tax reforms that was secretly gazetted by the maladministration of the fake certificate holder Tinubu which he conjured fröm his cap or the one jointly passed by the NA ?

This Poster is an agent of APc

Taqyiyah deeds, dones and dids

Tinubu must be impeached. This is the type of rascality that led to operation wetie

Disaster of a people

mohims:
Social media President abeg rest. You will NEVER rule this country called Nigeria. He who goes to equity must come with clean hands. Oga before you start forming mr integrity, we have not forgotten about Pandora papers etc. Rest abeg

Sai darling daddy chanter. It has favoured you.

hopexter:
Whether I’m a Yoruba man from Edo state or not Im still from Edo state. Your problem is with the Yoruba, tell your brothers to leave the Yoruba land and let’s see something. It’s always the worthless ones with no relevance.

Yes they are my brothers from the East. Thesame neigbours your fathers fought to bring back. Like I said you are deceiving yourself.

Just speak for yourself as a yoruba man from Edo state. When it is time for your messiah to grab, Come out and force ND to snatch and Grab for your guru strategist. Desist from mentioning SS as a yoruba man from Edo state to force your fathom unity with ND

keymatt:
The "IT WILL FAVOR ME AND MY FAMILY" laptop crew have died a natural death.

Just like that. They were thesane people chanting sai darling daddy

hopexter:
Im from Edo state the entire south south is APC. Focus and your south east and more concerned about your referendum. You people need to leave Nigeria.

You are not the only one from SS. You are a Yoruba man from edo.
When you are caught..you Label everyone to be from the East . Continue to deceive yourself

Mr speak for yourself. You should be down with whomever you like, but know this SS will not vote for Tinubu becaude the whole governors are Apc.

You.are making unnecessary noise. When the day of election comes, come force SS to vote for your Tinubu

Kwara is gone

"on your mandate we shall stand"

hopexter:
The southern unity is for Tinubu. Who else would it be for? We are not wasting our votes on someone who doesn’t know what to do with it like the previous election. Leave southwest alone and focus on your own region. Nobody deceived anybody and stop this your blame game as usual.

You should first keep SS away from your thougts and mouth and concentrate on your SW to give Tinubu the snatch mandate.

The ND will never be fooled by the fake Southern yoonity by SW to enthrone a failed irresponsible criminal like Tinubu

You can cry harder now

hopexter:
As if you voted for him in 2023 but he still won. Tinubu doesn’t need any vote from south east, he’s got south south, North and southwest. You lot can keep your votes for Obi and Elupi as usual.

Is SS immune to the failures of Tinubu?

Remove SS from your comprehension. You will be the one to come vote for him in SS. There is now southern yoonity. Thesame southern yoonity SW used to deceive the SS and appointed SW to all Juicy positions

Where are the emergency lovers of Nigeria ? They said PDP was the most corrupt administration but since they grabbed in 2015 the corruption that oozes out from them stinks to hell.

Darling daddy sold all the crude for mon'keys and ba'boons to be soaked in blo..

If you want your crude back look for the ba'boon through the Mon.'key

esnbrutality:

Are you surprised? Is their mentor TINUBU not a criminal,indicted for drugs in same USA?

I will be the last to be surprised. Just a confirmation for the gullibles

Let me tell you what all these injustices boils down to. This is a fight between repression, gagging of the Media and freedom of speech

Since Apc came on board there has been a tendency of promotional injustices that are purely based on religion.

There is a religion in Nigeria that loves Repression of voices. When you check very well you will find out that the director is from this religion. Since the Muslim Muslim ticket came on board there has been deliberate actions for most appointed heads to come from thesame religion. There is religious bias when it comes to promotions. All these breeds to what is now happening in NCC

This religion don't care about merit. They only care that you are a member that practice that religion and you will be promoted rapidly to contribute to the end aim of their religious bias and principles in government Offices