walexyll:

As a professional accountant, I struggle to understand what he/she is trying to say.
You do not deduct or add Pension and nhf before you get your gross income, your gross income is your gross income! You are required to take pension, nhf and consolidated allowance as deductions from gross income to arrive at your taxable income which is not subjected to the graduated tax rates to arrive at your paye.

Akwamkpuruamu:
Please do, they will appreciate it

emekajacobogbon:


I've been a victim of black science from my places of work because of my stubbornness.
But one thing I have come to realize is that God never abandons anyone fighting for a good course.
Although I suffered during those times.

AmazingELixir:




The most senseless post I have seen here...how could pointing out an anomaly in the very department he is employed not be his business...Op was employed as an accountant for a purpose he is no robot...even robots think and proffer solutions nowadays with the advent of AI.

You should be advising him on how best to report the issue and not capping careless.

Oyindamolah:
From DM

walexyll:

As a professional accountant, I struggle to understand what he/she is trying to say.
You do not deduct or add Pension and nhf before you get your gross income, your gross income is your gross income! You are required to take pension, nhf and consolidated allowance as deductions from gross income to arrive at your taxable income which is not subjected to the graduated tax rates to arrive at your paye.

Oblongata:
Consider these 3 reasons!

1)You don't know if the anomaly is a fraud and designed to benefit someone! You must firstly ensure you investigate and report your findings (if any) to the owner directly.
2) You don't want to seem like 'I Too Know' to the rest of your co workers as you are new. Be patient and watchful, and know the right time to act and who to report to!
3) You can intimate the auditors to put it in their RTM.

Weedhustler:


After which did u not learn from it past?

yorke1:
As an Accountant, its your duty to draw the attention of your Boss. People are trying to reduce or even cut corner to pay lesser tax lability. Contact me let teach you how to reduce your tax liability via Payroll.

braine:
Notice the absence of trolls on this thread? Lol. They don't have any idea about the topic.

Oyindamolah:
From DM

Oyindamolah:
From DM

GloriousGbola:
Every company rewards people who save them money. Make sure you have everything properly detailed then meet with the boss.

This is the kind of thing that gets people promoted. However, how is it the previous accountant or consultant missed this?

airsaylongcome:


Lol! The management know what they are doing! It's a grand fraud game a lot of SMEs play. The unpaid deductions from employees will never be remitted to government. The amount of money they make in failing to declare and remit those deductions is way in excess of whatever they are paying in "over-tax"

bonnyhope:


Pls help to give a breakdown of PAYE calculations
I meant how is it determined

Oyindamolah:
From DM

BCISLTD:
If nobody asks u...face ur work


Check my profile for cheap phones

Tundex911:
Dear OP, kindly DM on this
zero hate one 6ix five five 7even five 7even 9ne 6ix

Thanks it's urgent tho

Oyindamolah:
From DM

DevilsEqual:


wetin be the phone name and how much be this one