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Business / Re: MSME Survival Fund Registration: How To Apply As Portal Opens by gendebs(m): 11:33am On Jan 29, 2021
SADYBABA:
i this can be of help to you and others

I don't know how far they go with verification but tax is never deducted at 5%. Pls take note
Business / Re: MSME Survival Fund Registration: How To Apply As Portal Opens by gendebs(m): 11:31am On Jan 29, 2021
How long does it does it take one to get confirmation mail from Smedan.
I registered around 8.30am and not gotten a mail from them
Business / Re: Tax In Nigeria: How Is It Calculated? by gendebs(m): 2:14pm On Jan 19, 2021
Israeljones:

so there is no fix rate to charge.... Like u said the higher the salary the higher the tax... i just want to know the statutory percentage charged

It's more technical than you think.

The first N300,000 after all deductions(CRA, statutory deductions) is charged at 7%
The next N300,000 is charged at 11%
Next N500,000 at 15%

Can you see it's technical
Business / Re: Tax In Nigeria: How Is It Calculated? by gendebs(m): 3:13pm On Jan 17, 2021
Israeljones:

What rate do you feel is best taxable or charged on Monthly salary of 50k upwards because i know The PAYE varies..

PAYE is a progressive tax. The rate is not fixed, the higher you earn the more the tax you are paying.

Also, they are statutory deductions(PENSION, INSURANCE, NHF etc) that is deducted from taxable income of the tax payer.
Business / Re: Tax In Nigeria: How Is It Calculated? by gendebs(m): 6:48am On Jan 17, 2021
Israeljones:

25,000,000 monthly or yearly?

Annual N25,000,000 threshold
Business / Re: Tax In Nigeria: How Is It Calculated? by gendebs(m): 8:14pm On Jan 16, 2021
Different tax summaries and narration.

Let me help you out

Tax is collected monthly or annually
Monthly Tax you are subjected to are PAYE and VAT

VAT is subjected to be tax at 7.5% of invoice or quoted price if the business meets N25,000,000 turnover threshold. It's also know as consumption tax. Thou, some service and goods are exempted or waived from paying VAT irrespective of the business turnover. It's remitted to FIRS

PAYE is know as pay as you earn. The higher your earnings the higher your tax but from January 31st, employee that earns less than N30,000 monthly are exempted from this tax. It's remitted to the state internal revenue of your resident.

CIT also is subjected to 20% of profit (turnover less Cost of sales and expenses) if the business meets N25,000,000 naira threshold and 30% of profit if the business meets N100,000,000 and above threshold.

U can check my signature if you need further clarification
Career / Good News To Low Income Earners by gendebs(m): 11:55pm On Jan 06, 2021
Tax is a compulsory levy imposed on tax payers by the government.

Are you a low income earner on N30,000/month or less?

Effective from January 31st 2021, you are now exempted from paying Personal Income Tax (PAYE) base on the Finance Act.



For the first time in the history of Nigeria, the minister of finance is exercising the power of its office by reviewing the Nigerian tax law annually. Before now, Nigerian tax law was reviewed by Nigerian senators but with since the appointment of Zainab Shamsuna Ahmed as the Minister of Finance, budget and National planning in 2019, she calls on experts in the field of taxation to help review and amend the Nigerian tax laws where neccessary.



The introduction of Finance Act in the national budget of Nigeria is one of the biggest achievement of this present administration.



We need to educate citizens on how this impact positively on small businesses and low income earners.

Do you need a good tax consultant and an audit expert?

Addda professional service is a firm of expert in different financial sectors who provide expert and professional services at the most friendly cost.



You can call or send whatsapp message on 08023200274 or e-mail us on addaprofessional@yahoo.com
Investment / Good New To Low Earning Tax Payers by gendebs(m): 11:23pm On Jan 06, 2021
Tax is a compulsory levy imposed on tax payers by the government.

Are you a low income earner on N30,000/month or less?

Effective from January 31st 2021, you are now exempted from paying Personal Income Tax (PAYE) base on the Finance Act.



For the first time in the history of Nigeria, the minister of finance is exercising the power of its office by reviewing the Nigerian tax law annually. Before now, Nigerian tax law was reviewed by Nigerian senators but with since the appointment of Zainab Shamsuna Ahmed as the Minister of Finance, budget and National planning in 2019, she calls on experts in the field of taxation to help review and amend the Nigerian tax laws where neccessary.



The introduction of Finance Act in the national budget of Nigeria is one of the biggest achievement of this present administration.



We need to educate citizens on how this impact positively on small businesses and low income earners.

Do you need a good tax consultant and an audit expert?

Addda professional service is a firm of expert in different financial sectors who provide expert and professional services at the most friendly cost.



You can call or send whatsapp message on 08023200274 or e-mail us on addaprofessional@yahoo.com
Business / Good News To Low Income Earners by gendebs(m): 11:14pm On Jan 06, 2021
Tax is a compulsory levy imposed on tax payers by the government.

Are you a low income earner on N30,000/month or less?

Effective from January 31st 2021, you are now exempted from paying Personal Income Tax (PAYE) base on the Finance Act.



For the first time in the history of Nigeria, the minister of finance is exercising the power of its office by reviewing the Nigerian tax law annually. Before now, Nigerian tax law was reviewed by Nigerian senators but with since the appointment of Zainab Shamsuna Ahmed as the Minister of Finance, budget and National planning in 2019, she calls on experts in the field of taxation to help review and amend the Nigerian tax laws where neccessary.



The introduction of Finance Act in the national budget of Nigeria is one of the biggest achievement of this present administration.



We need to educate citizens on how this impact positively on small businesses and low income earners.

Do you need a good tax consultant and an audit expert?

Addda professional service is a firm of expert in different financial sectors who provide expert and professional services at the most friendly cost.



You can call or send whatsapp message on 08023200274 or e-mail us on addaprofessional@yahoo.com
Business / Re: How I Got Badly Disgraced By Sokoloan by gendebs(m): 11:09pm On Jan 06, 2021
Curious345:
shuut up

You are rude
Business / Re: How I Got Badly Disgraced By Sokoloan by gendebs(m): 5:03pm On Dec 29, 2020
francdec4:
Carbon is more understanding all you need to do is write them a mail and explain your difficulties and why you are unable to repay back at the moment.



No wonder they wrote off over N2,000,000,000(two billion naira) in 2019
TV/Movies / Re: Top Twenty Bollywood Stars Today - Male Plus Female by gendebs(m): 9:42am On Dec 20, 2020
Aamir Khan is the best thing to have happened to Bollywood.

No one come close to him, not akshay kumar nor Salman Khan.

Where is Ali Salif Khan in your rating
Jobs/Vacancies / Re: Jobs/Vacancies by gendebs(m): 4:29pm On Oct 14, 2019
Audit trainee position is also available for corpers staying within gbagada, shomolu, bariga and its environs.

Interested person should send CV to acole@kmsquare.com.ng copying aobajimi@kmsquare.com.ng using the subject of the mail as the job title
Jobs/Vacancies / Re: Jobs/Vacancies by gendebs(m): 4:28pm On Oct 14, 2019
KMSquare Professional Services is a full service firm of chartered accountants and tax practitioners located at Gbagada Phase II, Lagos. Our partners are seasoned accountants, auditor and tax consultants with hands on experiences of over ten (10) years professional auditor and tax practice experience both as a consultants to various tax authorities and the tax payers.

We have hands on professional experiences across sectors of Nigerian economy, including banking, financial services, oil and gas, power, manufacturing, real estate, trade, etc.

We are in need of an Account/Administrative clerk. The person needs to be courageous, hardworking, proactive and have good communication skills with a minimum of Ordinary National Diploma (OND)

Interested applicant should forward their CV/Resume to acole@kmsquare.com.ng copying aobajimi@kmsquare.com. The subject of the mail should be the job title.

IMPORTANT NOTICE
Don't apply if you don't reside around Gbagada, Shomolu and its Environs.
Jobs/Vacancies / Re: Job Openings by gendebs(m): 4:24pm On Oct 14, 2019
Audit trainee position is also available for corpers staying within gbagada, shomolu, bariga and its environs.

Interested person should send CV to acole@kmsquare.com.ng copying aobajimi@kmsquare.com.ng using the subject of the mail as the job title
Jobs/Vacancies / Re: Job Openings by gendebs(m): 4:23pm On Oct 14, 2019
KMSquare Professional Services is a full service firm of chartered accountants and tax practitioners located at Gbagada Phase II, Lagos. Our partners are seasoned accountants, auditor and tax consultants with hands on experiences of over ten (10) years professional auditor and tax practice experience both as a consultants to various tax authorities and the tax payers.

We have hands on professional experiences across sectors of Nigerian economy, including banking, financial services, oil and gas, power, manufacturing, real estate, trade, etc.

We are in need of an Account/Administrative clerk. The person needs to be courageous, hardworking, proactive and have good communication skills with a minimum of Ordinary National Diploma (OND)

Interested applicant should forward their CV/Resume to acole@kmsquare.com.ng copying aobajimi@kmsquare.com. The subject of the mail should be the job title.

IMPORTANT NOTICE
Don't apply if you don't reside around Gbagada, Shomolu and its Environs.
Jobs/Vacancies / Re: Account/administrative Clerk by gendebs(m): 3:24pm On Oct 14, 2019
Audit trainee position is also available for corpers staying within gbagada, shomolu, bariga and its environs.

Interested person should send CV to acole@kmsquare.com.ng copying aobajimi@kmsquare.com.ng using the subject of the mail as the job title
Jobs/Vacancies / Account/administrative Clerk by gendebs(m): 3:00pm On Oct 14, 2019
KMSquare Professional Services is a full service firm of chartered accountants and tax practitioners located at Gbagada Phase II, Lagos. Our partners are seasoned accountants, auditor and tax consultants with hands on experiences of over ten (10) years professional auditor and tax practice experience both as a consultants to various tax authorities and the tax payers.

We have hands on professional experiences across sectors of Nigerian economy, including banking, financial services, oil and gas, power, manufacturing, real estate, trade, etc.

We are in need of an Account/Administrative clerk. The person needs to be courageous, hardworking, proactive and have good communication skills with a minimum of Ordinary National Diploma (OND)

Interested applicant should forward their CV/Resume to acole@kmsquare.com.ng copying aobajimi@kmsquare.com. The subject of the mail should be the job title.

IMPORTANT NOTICE
Don't apply if you don't reside around Gbagada, Shomolu and its Environs.
Career / Re: ICAN November 2023 Diet Exam - Let's Meet Here by gendebs(m): 7:24pm On Jul 22, 2019
TopeMel:
Please who knows any study centre at Oshodi.......

risk free is at idowu street, off association Avenue Obanikoro, First solution at sehinde calisto, charity oshodi.

1 Like

Career / Re: ACCA Aspirants, Students And Chartered: Lets Meet Here by gendebs(m): 10:35pm On Apr 14, 2019
practise ur past questions well for f1-f3, a colleague only read the past question few days to the exam and she passed the exam thou she wrote F1 first then f2 & 3 together. don't know of any ACCA center around V.I but I am very sure if u ask further someone might help.

Destinyleads:
Hello Gurus in the house, I'm so glad I came across this trend for ACCA aspirants and members. Please I need all the support. You can offer me . I have registered with ACCA , but yet to register the exam , I want to start from the foundation level since I have very little knowledge of accounting. I'm looking forward to enrol for the December exams for f1-f3 , I want to start preparing from now . Please can any one with soft copies of exam materials help me. My email: vivaval101@gmail.com. please where can I find acca study center around oniru, vi.. thank you all for your good work.

2 Likes 1 Share

Business / Re: This Is Legit!!!make Cool Cash Without Working!!! by gendebs(m): 10:11pm On Sep 13, 2018
Omoba_obajimi@yahoo.com
Jobs/Vacancies / Re: Updated-New Job Vacancies by gendebs(m): 3:37pm On May 08, 2018
Vizzim:
Please guys,

I need direction on how to get to this address 33, Ogunlowo Str, Off Obafemi Awolowo Way, Ikeja

Lagos (Balogun B/Stop, through Lagoon Hospital) from Apapa. Also, any one with info on Sola Oyetayo & Co Accounting firm

Sorry for posting it here.

did u attend d test?
Politics / Re: All Sanni's In Nigeria Are Nothing To Write Home About by gendebs(m): 9:52am On Jun 22, 2017
kike9000:


You've definitely not met or heard about all the sannis in
Nigeria. I've met a couple and they are awesome people including myself whereas some are undeniably horrific in nature
Romance / Re: mum is a stripper by gendebs(m): 6:00pm On Jun 21, 2017
nice video but the lady that co-presented should know cheating is not weird. it's d major factor why most relationship don't work

1 Like

Jobs/Vacancies / Re: Graduate Trainee Recruitment At Abax-oosa Professionals by gendebs(m): 10:09pm On Jun 10, 2017
[quote author=HonOlagrace post=57387134]
The internship will be okay....Please, How can I apply? [/quote
pm sir
Jobs/Vacancies / Re: Graduate Trainee Recruitment At Abax-oosa Professionals by gendebs(m): 10:06pm On Jun 10, 2017
ibroh22:

thanks for the reply bro, I can actually start as a intern to get valuable experience,how can I apply for that?, Should I send a pm?

don't know how pm work but u can send d pm
Jobs/Vacancies / Re: Graduate Trainee Recruitment At Abax-oosa Professionals by gendebs(m): 10:55am On Jun 10, 2017
HonOlagrace:



Will be greatful if you can link me up with the company although I have no experience in Auditing/Accounting firms but will be glad to learn in order to gain the needed experience not minding the salary range; I studied Accounting Education and also through with my NYSC. Thanks

they is room for internship but interns are paid 40 - 50k depending on the months u want to stay.
Jobs/Vacancies / Re: Graduate Trainee Recruitment At Abax-oosa Professionals by gendebs(m): 10:48am On Jun 10, 2017
ibroh22:

bro, please connect me to that your company now
I doubt the org is employing for now but they is always room for internship to build themselves in audit/tax, I think they pay interns 40 - 50k depending on the duration you agree to work
Jobs/Vacancies / Re: Graduate Trainee Recruitment At Abax-oosa Professionals by gendebs(m): 2:30pm On Jun 09, 2017
ismokeweed:
All this tory to pay 30k

No audit firm will pay graduate such amount maybe u I.T. Stop misleading people the least i have anyone earn in an audit firm is 80k. The audit firm i work pay their fresh graduate 120k, mind u it's not a big firm
Crime / Re: Photos From The Crisis In Idi Oro, Mushin As Rival Gangs Cause Mayhem by gendebs(m): 1:09pm On Apr 24, 2017
VladDracula:

Iyanaipaja no too hot like that. Where u put ikorodu? That place na the den of kidnappers and militants. Even military men sef dey fear go there. Ajegunle nko (the original aj city) na to just maintain your level for that place. Too rugged for my liking.

Ajegunle has never been known for rascality, Aj city is known for people been fearless because the area is dominated by the southerners.

Mushin is the home and hub for the highest rascal and street hurshin in Lagos followed by Oshodi (Thanks to Mc Oluomo that restored tranqulity at oshodi).
After this two areas we can mention Alapere, Fadeyi, Bariga, isale-eko, okoko
The rest dey learn near this mentioned area

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