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Protest Will Arise If Personal Income Tax Is Implemented - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsProtest Will Arise If Personal Income Tax Is Implemented (1570 Views)

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Re: Protest Will Arise If Personal Income Tax Is Implemented by fineboynl(op): 6:09pm On Sep 09, 2025
Ikaeniyan0:
How much tax will a Nigerian earning 200k per month pay from January 2026?
20% is 40k
Re: Protest Will Arise If Personal Income Tax Is Implemented by fineboynl(op):
destinychildolu:
Are you a politician that you want to live in a decent accommodation grin? Don't you see people living under the bridge and are happily supporting this administration? Helinues posted the picture of his environment and it was like a jungle. Make I no talk this morning ooo
i'm not even talking about the city. Besides the city is were opportunities is, the cost of transportation to rent a house in the village will be more than that if you rent in the city I'm talking from experience.. it will even worse if you have a car with the bad road outside town to that village and fueling. Cost of maintance of the car will be penny wise pound foolish.. A pop self con apartment even if it's not in the ciry thats Outside town you can't get it less than 600k and total package will be close to 1m. I'm Not talking of the City oh.
Re: Protest Will Arise If Personal Income Tax Is Implemented by Ikaeniyan0: 6:19pm On Sep 09, 2025
fineboynl:
20% is 40k
If it's 20% before, it's now 15% under Tinubu

So a person earning 200k per monthwill be paying less from next year
Re: Protest Will Arise If Personal Income Tax Is Implemented by fineboynl(op): 6:22pm On Sep 09, 2025
Ikaeniyan0:
If it's 20% before, it's now 15% under Tinubu
what's the difference between 20% and 15%.
Re: Protest Will Arise If Personal Income Tax Is Implemented by Ikaeniyan0: 6:22pm On Sep 09, 2025
fineboynl:
what's the difference between 20% and 15%.
Please stop asking a chidish question. There's a difference between 20% and 15%. You should do the calculation and know how much such a worker will be saving per annum
Re: Protest Will Arise If Personal Income Tax Is Implemented by aribisala0(m): 6:33pm On Sep 09, 2025
fineboynl:
20% is 40k
It is clear that you have zero knowledge on this subject and are here to catch clout and make noise

I deliberately asked you that question to see what you know which honestly is LESS than nothing

The first 800000 is. TAX FREE

There is also a tax exemption on rent up to 500000

So if you earn 100000 a month = 1200000 a year
Only 1200000-800000= 400000 is taxable
If your rent is 30000 a month = 360000 which is less than 500000 then that 360000 is tax free

Your total liability would be 1200000 -800000-360000=40000

So you only pay tax on 40000 and @ 20%= 8000 a year or 666 a month

A person earning 200000 a month with the same rent would pay
200000 X12=2400000 -800000-360000=124000 X 20% =

248000 yearly or 20666. Monthly


What i have learnt

People who know nothing =Empty barrels


Make the most noise
Re: Protest Will Arise If Personal Income Tax Is Implemented by Difrent: 6:45pm On Sep 09, 2025
OneCandleAway:
So you don't want people to live indecent apartment. They must live in squalor? Isn't it in big cities there are jobs or are you blind to the many businesses that have closed since 2023 to date?
You lack empathy for your fellow man.
It's you who wants to deceive people that they won't make it if they don't live in big cities
Na lie
If you can't afford to live in a big city , look for the one that you can afford and relocate there. Many people are killing themselves because they feel they can't make it outside big cities, they just be managing poverty when their lives could change for the better by simply just relocating
Re: Protest Will Arise If Personal Income Tax Is Implemented by Hedonisco: 6:56pm On Sep 09, 2025
Softmirror:
So you don't want to pay tax.
If is better for God to destroy the world and for humanity to go extinct than for me to pay 'personal income tax' to Tinubu. God forbid.
Re: Protest Will Arise If Personal Income Tax Is Implemented by aribisala0(m): 7:10pm On Sep 09, 2025
Hedonisco:
If is better for God to destroy the world and for humanity to go extinct than for me to pay 'personal income tax' to Tinubu. God forbid.
Personal income tax is paid to the government of the state where you live

100%


Not one kobo goes to the Federal Government
Re: Protest Will Arise If Personal Income Tax Is Implemented by Hedonisco: 7:34pm On Sep 09, 2025
aribisala0:
Personal income tax is paid to the government of the state where you live

100%


Not one kobo goes to the Federal Government
As an Abuja resident, one's PIT goes 100% to Tinubu, essentially speaking. But that's beside the point. Tinubu is the one pushing the so-called new tax law, and knowing him for the odiously kleptomaniacal monster that he is, God forbids that I have anything to do with this. Don't ask me how.

I don talk my own.

This irritating, unbearable character needs to be booted out before we can start talking about any meaningful reforms.
Re: Protest Will Arise If Personal Income Tax Is Implemented by aribisala0(m): 7:41pm On Sep 09, 2025
Hedonisco:
As an Abuja resident, one's PIT goes 100% to Tinubu, essentially speaking. But that's beside the point. Tinubu is the one pushing the so-called new tax law, and knowing him for the odiously kleptomaniacal monster that he is, God forbids that I have anything to do with this. Don't ask me how.

I don talk my own.

This irritating, unbearable character needs to be booted out before we can start talking about any meaningful reforms.
You are right
Re: Protest Will Arise If Personal Income Tax Is Implemented by seunmsg(m): 7:43pm On Sep 09, 2025
fineboynl:
Most people are nor bothered because they don’t understand it. 800k a year as benchmark is just 500$ which can barely buy a big deep freezer or a modern smart tv.

800k isn’t even enough for a single person nor to talk of family people. The government have lost touch with reality. To rent a room selfcon total package is heading for 1m.

And you are talking about 20% tax that’s insane and insensitive. There haven’t been massive protests in this administration that why they keep having the moral to be making harsh policy. The income tax will be the last straw if they start it implemention. It's outright stealing from the people without benefing anything from the government and it will worse inflation.

Truly Nigerians are missing buhari.
Massive protest over what exactly? Break it down and let me understand. You mean people who earn over 800k in a year shouldn’t pay income tax or what?
Re: Protest Will Arise If Personal Income Tax Is Implemented by seunmsg(m): 7:45pm On Sep 09, 2025
Hedonisco:
As an Abuja resident, one's PIT goes 100% to Tinubu, essentially speaking. But that's beside the point. Tinubu is the one pushing the so-called new tax law, and knowing him for the odiously kleptomaniacal monster that he is, God forbids that I have anything to do with this. Don't ask me how.

I don talk my own.

This irritating, unbearable character needs to be booted out before we can start talking about any meaningful reforms.
PIT of Abuja residents go to FCT administration. FCT is now administered like a state and the FCT IRS and not FIRS collects personal income taxes of Abuja residents.
Re: Protest Will Arise If Personal Income Tax Is Implemented by 1nigeriamyfoot: 7:45pm On Sep 09, 2025
aribisala0:
I never said anything about who is supposedto be paying tax did I?


You started a thread and I assume you have more than average knowledge about the topic
So I asked
Simple question for my education

How much tax will a person earning 100000 a month pay?

Just say you don't know. End of discussion

Listen to what you are saying in response
And you think I don't hate answer to your question? Even a primary school student with access to the internet knows the answer

I decided not to give you direct answer
Re: Protest Will Arise If Personal Income Tax Is Implemented by 1nigeriamyfoot: 7:45pm On Sep 09, 2025
Ikaeniyan0:
How much tax will a Nigerian earning 200k per month pay from January 2026?
Go and ask your paymaster
Re: Protest Will Arise If Personal Income Tax Is Implemented by seunmsg(m): 7:55pm On Sep 09, 2025
fineboynl:
and you don't know what 20% means? 20% from 100,000 is 20,000
See, why not get yourself properly educated before rushing to open threads like this so that you won’t end up embarrassing yourself.

Someone earning N100k monthly will earn N1.2m annually. Under the law that you’re talking about, the first 800k is not taxable. So, what will be subjected to tax and spread monthly is the 400k balance.
Re: Protest Will Arise If Personal Income Tax Is Implemented by Ikaeniyan0: 9:07pm On Sep 09, 2025
1nigeriamyfoot:
Go and ask your paymaster
huh
Re: Protest Will Arise If Personal Income Tax Is Implemented by Ikaeniyan0: 9:07pm On Sep 09, 2025
seunmsg:
See, why not get yourself properly educated before rushing to open threads like this so that you won’t end up embarrassing yourself.

Someone earning N100k monthly will earn N1.2m annually. Under the law that you’re talking about, the first 800k is not taxable. So, what will be subjected to tax and spread monthly is the 400k balance.
The guy does not know what he's talking about
Re: Protest Will Arise If Personal Income Tax Is Implemented by FOLYKAZE(m): 10:46pm On Sep 09, 2025
aribisala0 brought AA gun to a knife fight. That is an overkill
Re: Protest Will Arise If Personal Income Tax Is Implemented by MrColdsweat: 10:50pm On Sep 09, 2025
This man just wants to sit down and connect his pipelines to our finances through taxes.
Re: Protest Will Arise If Personal Income Tax Is Implemented by Streetinvestor2: 11:16pm On Sep 09, 2025
Softmirror:
So you don't want to pay tax.
To a government whose only purpose is to be looting via bloated and unnecessary contracts. The will never see my money till good government comes on board
Re: Protest Will Arise If Personal Income Tax Is Implemented by Streetinvestor2: 11:18pm On Sep 09, 2025
helinues:
The hunger you guys are not experiencing. Hahaha
We are not begging naira land for monetization to survive
Re: Protest Will Arise If Personal Income Tax Is Implemented by Kukutente23: 11:52pm On Sep 09, 2025
Softmirror:
So you don't want to pay tax.
Why should he pay tax
Re: Protest Will Arise If Personal Income Tax Is Implemented by Kukutente23: 11:56pm On Sep 09, 2025
aribisala0:
I never said anything about who is supposedto be paying tax did I?


You started a thread and I assume you have more than average knowledge about the topic
So I asked
Simple question for my education

How much tax will a person earning 100000 a month pay?

Just say you don't know. End of discussion

Listen to what you are saying in response
Any evidence for this
Re: Protest Will Arise If Personal Income Tax Is Implemented by Kukutente23: 11:58pm On Sep 09, 2025
aribisala0:
It is clear that you have zero knowledge on this subject and are here to catch clout and make noise

I deliberately asked you that question to see what you know which honestly is LESS than nothing

The first 800000 is. TAX FREE

There is also a tax exemption on rent up to 500000

So if you earn 100000 a month = 1200000 a year
Only 1200000-800000= 400000 is taxable
If your rent is 30000 a month = 360000 which is less than 500000 then that 360000 is tax free

Your total liability would be 1200000 -800000-360000=40000

So you only pay tax on 40000 and @ 20%= 8000 a year or 666 a month

A person earning 200000 a month with the same rent would pay
200000 X12=2400000 -800000-360000=124000 X 20% =

248000 yearly or 20666. Monthly


What i have learnt

People who know nothing =Empty barrels


Make the most noise
Do you have evidence for this?
Re: Protest Will Arise If Personal Income Tax Is Implemented by Kukutente23: 11:59pm On Sep 09, 2025
Difrent:
It's you who wants to deceive people that they won't make it if they don't live in big cities
Na lie
If you can't afford to live in a big city , look for the one that you can afford and relocate there. Many people are killing themselves because they feel they can't make it outside big cities, they just be managing poverty when their lives could change for the better by simply just relocating
Share your experience with relocating with us
Re: Protest Will Arise If Personal Income Tax Is Implemented by Kukutente23: 12:01am On Sep 10, 2025
Streetinvestor2:
We are not begging naira land for monetization to survive
Word!!
A clown celebrated 1million likes
Re: Protest Will Arise If Personal Income Tax Is Implemented by droid9: 3:37am On Sep 11, 2025
Most people don’t understand it, so they aren’t bothered. For the formal sector yeah you should pay taxes.
But the tax law is inherently flawed, credit alerts do not automatically mean income.
A lot of Nigerians are informally employed, barely scratching by, what ever goes to put food on the table.
So you gonna tax them from what exactly? 800k isn’t a lot of money anymore.
You could be unemployed but still have a transaction history of 5m a year.

Some people are based abroad, they send money home to their parents monthly, is that considered taxable? You’re gonna tax old people whose pension you denied from them lol?
1 2 Reply

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