HushNews: Nollywood actress, Didi Ekanem, has taken to social media to express gratitude to God as she moves into a new house. This is coming few weeks after the thespian lost most of her belongings to a fire incident in her former home
According to her, since the unfortunate incident she has been staying in a hotel, and now finally moving into a new apartment
Didi thanked her friends, colleagues, and fans who supported and helped in one way or the other during the trying times
Sharing a video of her new apartment, she wrote,
Moving into a new house is not easy 0 Today is our last day in the hotel and all I can say is thank You Lord. In love with my new house and it can only be God Almighty
And it ended in praise, celebrating Christmas in my new home”, she captioned another video of the house
Men dey suffer sha... Imagine say Na man, Na under bridge bloggers go take find am with headline like " man whose house got burnt weeks ago was found homeless under a bridge in Lagos".
But for women with big things, the reverse is the case...
DrSamOnowu87: My man pls correct ur first paragraph, I am not part of those of u that brought dis calamity upon u people & d kwantri but i asua u e never shock una bcus it must surely shock una.
My brother, this kwantri AV tired me oh... Wetin we go come do now?
Finance bill makes TIN mandatory for all bank accounts holders
The Finance Bill 2021 has made it mandatory for commercial banks to demand the Tax Identification Numbers from anyone who wishes to open an account with them.
It also empowers banks to demand TIN from existing customers if they wish to continue to operate their accounts.
The Leader of the Senate, Yahaya Abdullahi, stated this on Wednesday in his lead debate on the bill, sent to the National Assembly by the President, Major General Muhammadu Buhari (retd.), on Tuesday.
He said, “Banks will be required to request for Tax Identification Number before opening bank accounts for individuals, while existing account holders must provide their TIN to continue operating their accounts.”
He also said the bill made electronic mails as the only channel that tax authorities would accept as a formal means of correspondence with taxpayers;
He added that proposed bill prescribes penalty for failure to deduct tax.
He said it would also apply to agents appointed for tax deduction.
Abdullahi said, “This penalty is 10 per cent of the tax not deducted, plus interest at the prevailing monetary policy rate of the Central Bank of Nigeria.
“The conditions attached to tax exemption on gratuities have been removed.
“Therefore gratuities are unconditionally tax exempt.
“The duties currently performed by the Joint Tax Board as relates to administering the Personal Income Tax Act, will now be performed by the Federal Inland Revenue service.
“This seems to be an error in the process of amendments to replace the word “Board” as it appears in Federal Board of Inland Revenue.”
He said penalty for Value Added Tax late filing of returns increased to N50, 000 for the first month and N25, 000 for subsequent months of failure;
He said, “The penalty for failure to register for VAT is reviewed upwards to N 50,000 for the first month of default and N25,000 for each subsequent month of default.
“The penalty for failure to notify FIRS of change in company address to be reviewed upwards to N50,000 for the first month of default and N25,000 for each subsequent month of default.
“This penalty also covers failure to notify FIRS of permanent cessation of trade or business.
“Quite significantly, the Finance Bill seeks to introduce sweeping changes to the tax laws covering seven different tax laws.
“Many of the changes are expected to have positive impacts on investments and ease of paying taxes especially for MSMEs.
“Going forward, we hope that changes to the tax laws will be on an annual basis to ensure that Nigeria’s tax system continues to evolve in line with economic conditions”
On the Personal Income tax Act, the Senate Leader said amendment clarified that pension contributions no longer require the approval of the Joint Tax Board to be tax-deductible;
He said, “On the other hand, the bill seeks to remove the tax exemption on withdrawals from pension schemes except the prescribed conditions are met.
EmekaBlue: As worldwide preparing for the Christmas celebrations, President Muhammadu Buhari’s regime has advises the police officers and civil servants in the federal government’s ministries, departments, and agencies to spend their November salaries wisely because their December pay may not come in until January 2022.
Chukwute: Veteran actor, Charles Inojie pens down words of wisdom to BBNaija housemate, Pere over renewed hostilities towards Whitemoney.
Pere got into a fight last night with Whitemoney and made to remove his belt in an attempt to flog the latter like a child.
His actions infuriated Whitemoney and other housemates that called him out for bullying.
Reacting to a clip of the incident posted online, Charles Inojie wrote;
“ODE TO PERE... From creation day, man's greatest folly has remained himself, his ego, his pride, his sense of self worth, his intolerance for competition, his abhorrence of rivalry, his superiority complex.. Hear me, every man that has fallen from grace to grass, crashed from a position of influence and admiration or suddenly become an enemy of those who once adored him and sang his praises; have had their fall traceable to their inability to manage these vices. History is never tired of deconstructing men of such character.”