₦airaland Forum

LZAA:
Gbam!!!
No more my tribe person again
All eye go clear

Egzaktly chief! So when next we see politicians living lavishly, we will have the courage to confront them anyway knowing that it is our money that's funding their financial recklessness. No more free oil money... it's now our 'sweat' money.

It's an impressive thing to introduce the new Tax ID as it would help to streamline tax collections and remove the inneficiences in the older systems.

All over the world, citizens are required to pay taxes promptly from the United States, the United Kingdom, Singapore and Canada, etc, where taxes are VERY high. These are some of the countries some Nigerians like to use to measure their own country and leaders, BUT those citizens pay taxes for development whole a large number of Nigerians who should be paying taxes like to evade taxes and I remember that the former Lagos State Governor, Akinwunmi Ambode did say that ONLY 500,000 Lagos State residents were paying taxes out of a 20 million population. I MUST add that contrary to online opinions among some Nigerians, the funds or checks given to American citizens during the COVID-19 lockdowns WASN'T for free, but has to be paid back through taxes down the road.

Therefore, this move will make it easy for Nigerians to demand firmer accountability from their governments at different levels when they pay their taxes promptly. Period.

phoneport:
APC Tinubu are shouting Tax, Tax Tax, the thing is this, citizens of nations where tax are payed enjoys the dividends of the nations wealth, can that be said of Niaja?

Then why does Tinubu wants to yoke the people, and his tribes men are not talking or protesting... O K this is not Jonathan

Believe me his tribe men are all in same suffering, but pride, ego and junckiness will never allow them speak up[i][/i]

mastermaestro:
Egzaktly chief! So when next we see politicians living lavishly, we will have the courage to confront them anyway knowing that it is our money that's funding their financial recklessness. No more free oil money... it's now our 'sweat' money.

Especially Afamed

Don't mind those thieves. Till now I can't verify my Tax ID. They said an Ai upgrade is going on CAC website.

Fryx:
Last month, I needed a personal tax id as I don’t want to use my business tax id to open an account.

Can you believe I went to FIRS website to obtain my id and the website refuses to do what it was designed to do?

This is not the first time Nigerian government website has been proving useless. Especially CAC website, yet they will be shouting file your returns like they are doing their jobs themselves.

Let me see who will come and query me to give accountability. You will answer questions yourself.

Konquest:
It's an impressive thing to introduce the new Tax ID as it would help to streamline tax collections and remove the inneficiences in the older systems.

All over the world, citizens are required to pay taxes promptly from the United States, the United Kingdom, Singapore and Canada, etc, where taxes are VERY high. These are some of the countries some Nigerians like to use to measure their own country and leaders, BUT those citizens pay taxes for development whole a large number of Nigerians who should be paying taxes like to evade taxes and I remember that the former Lagos State Governor, Akinwunmi Ambode did say that ONLY 500,000 Lagos State residents were paying taxes out of a 20 million population. I MUST add that contrary to online opinions among some Nigerians, the funds or checks given to American citizens during the COVID-19 lockdowns WASN'T for free, but has to be paid back through taxes down the road.

Therefore, this move will make it easy for Nigerians to demand firmer accountability from their governments at different levels when they pay their taxes promptly. Period.

How many functional industries does this country have?
Is there 24 hour electricity?
Is this country an export or import dependent nation?
You people should think before saying things out of hand
Infact the government of the day is basically destroying the economy with this move
Jeez!!!
Smh!

What of awọn bandits, kidnappers that are collecting Ransome?

Vision101:
This may not be possible because government needs you to have a tax ID so that you can be a taxable person. Government needs you to have it more than you need it.

Are people not paying to have their NIN?

mastermaestro:
Nigerians will henceforth take elections and voting more seriously. It's actually going to have a remarkable impact on our general voting culture. Everybody must learn!

To be frank, one of the reasons I supported him.
I remember discussing with my dad, and he was against him, I said he would make all of us to be interested in knowing who we want to elect as he is going to tax the air we breathe, everyone will get tired and start having interest in elective post.
Imagine going through all these during his tenure, then you queue to go vote for a Dino Melaye to start flaunting cars to you or the foolish NASS rubber stamping everything that comes their way.
I see him as a necessary evil, it's high time people in professional fields started having interest in governance at all level, let's reduce the population of career politicians in our administration

LZAA:
How many functional industries does this country have?

Is there 24 hour electricity?

Is this country an export or import dependent nation?

You people should think before saying things out of hand
Infact the government of the day is basically destroying the economy with this move
Jeez!!!
Smh!

Listen... learn to read posts properly before responding to posts here. This is NOT a thread for you to spread disinformation or transfer aggression. If you have NOTHING BETTER to say, I propose you get off my mention!

By the way, under a new law signed this year, power supply has been decentralized so, each State can build it's own power plant and distribute, and hence achieve near-contrant power supply. Ogun State just built a power plant to boost power supply and things are looking up gradually. Same with Abia State.

With the new tax collection system, it will be more efficient and transparent for you folks in Nigeria and foreign-based Nigerians who have investments in Nigeria to pay taxes on time and reduce MULTIPLE TAXATIONS! These are NOT extra taxes or burdens being imposed on Nigerian citizens. Accountability would be taken more seriously and taxes would be used for what they are meant for. If NOT, you vote the politicians out during ever election cycle. That's the intention. Period.

Konquest:
Learn to read posts properly before responding to posts here. This is NOT a thread for you to spread disinformation or transfer aggression.. If you have NOTHING BETTER to say, I propose you get off my mention!

By the way, under a new law, power supply has been decentralized so, each State can built it's own power plant and distribute, and hence achieve near-contrant power supply.

With the new tax collection system, it will be more efficient and transparent for you folks in Nigeria and foreign-based Nigerians who have investments in Nigeria to pay taxes on time and reduce multiple taxations! Accountability would be taken more seriously and taxes would be used for what they are meant for. If NOT, you vote the politicians out during ever election cycle. That's the intention. Period.

Transfer aggression?
Says the person with the bolded texts
Btw you still haven't answered the questions
1.Is your country industrialized?
2.Is there 24 hour power supply?
You can't tax people willy nilly in a country with an ailing economy
It's not done
And as per the new power law
The power grid collapsed this week and darkness reigned supreme
Hope you have spread the word to the Discos and Gencos?
Smh

What will happen to all the local artisans. Those pop ceiling guys, the painter. The tailor and even the abgeros. Do they also need a tax ID? They too earn income or?

mastermaestro:
Nigerians will henceforth take elections and voting more seriously. It's actually going to have a remarkable impact on our general voting culture. Everybody must learn!

They won’t take election serious, instead they’ll sell their properties and jakpa.

Fryx:
Last month, I needed a personal tax id as I don’t want to use my business tax id to open an account.

Can you believe I went to FIRS website to obtain my id and the website refuses to do what it was designed to do?

This is not the first time Nigerian government website has been proving useless. Especially CAC website, yet they will be shouting file your returns like they are doing their jobs themselves.

Let me see who will come and query me to give accountability. You will answer questions yourself.

d website won't work cos it will deny Dem d quick money d staff would want to make from d desperation of people who needs d tax id.

LZAA:
Transfer aggression?
Says the person with the bolded texts
Btw you still haven't answered the questions
1.Is your country industrialized?
2.Is there 24 hour power supply?
You can't tax people willy nilly in a country with an ailing economy
It's not done
And as per the new power law
The power grid collapsed this week and darkness reigned supreme
Hope you have spread the word to the Discos and Gencos?
Smh

@LZAA

I propose that you be calm, and things will pan out right depending on your perspectives to life. The continued focus on negative energy/imagery will ONLY bring back negative results because we live in a world of vibrational cause-and-effect. This is why I stay far away from those who relentlessly think and speak negativity. There's a constitutional amendment review coming up in Nigeria and hopefully, those geopolitical, security, and economic inneficiences that have slowed Nigeria down for decades will be sorted out as well.

That's all I will say here and now.

effty:
Are people not paying to have their NIN?

You need NIN for your transactions but government needs you to have Tax ID to tax you.

Rebelutionary:
Why do some of you find it convenient to just talk biko?

Go here https://tinverification.jtb.gov.ng/
Enter you BVN
Click search

And you might already have a TIN attached to your BVN

If not register here: https://tin.jtb.gov.ng/

Simple!

Easy peezy... There's just too many skeptics over this simple thing.

Rindo69:
What else do you need to know...

All inflow into your account will be considered income and will be taxable unless you can show otherwise. So you'll need to have an accountant to file your taxes ...the smarter your accountant , the less your tax liability will be!

Make sure anyone sending you money references it properly else it will be considered income and once income exceeds 800k a year, you are taxed.

Do you think if one has sizable savings it should be moved abroad before January?
What do you think? Let it be that they will see someone's stash and the decide to over tax the person.

[quote author=Rebelutionary post=136791746]Why do some of you find it convenient to jusJimt talk biko?

Go here https://tinverification.jtb.gov.ng/
Enter you BVN
Click search

And you might already have a TIN attached to your BVN


You are very very right
The links are genuine
It won't take up to five minutes to either search or apply for the TIN
THANKS A BUNCH

Vision101:
You need NIN for your transactions but government needs you to have Tax ID to tax you.

When NIN was introduced, it was free
I actually got mine free
An average Nigerian do things at the last minute

Strategist of tax!

The very best hand from a particular enclave!

What a mess!

What do they mean by every taxable person? Does it include those who are not working? and how will they know who and who is working?

Is the website down or what??

Abi dem dor dey plan on how to make money off Nigerians like NIN?

OlujobaSamuel:
To be frank, one of the reasons I supported him.
I remember discussing with my dad, and he was against him, I said he would make all of us to be interested in knowing who we want to elect as he is going to tax the air we breathe, everyone will get tired and start having interest in elective post.
Imagine going through all these during his tenure, then you queue to go vote for a Dino Melaye to start flaunting cars to you or the foolish NASS rubber stamping everything that comes their way.
I see him as a necessary evil, it's high time people in professional fields started having interest in governance at all level, let's reduce the population of career politicians in our administration

You still thinks it’s vote that counts in this Nigeria?
Dey play.

nedekid:
Do you think if one has sizable savings it should be moved abroad before January?
What do you think? Let it be that they will see someone's stash and the decide to over tax the person.

You can convert it to crypto now.

DJInfluence:
What will happen to all the local artisans. Those pop ceiling guys, the painter. The tailor and even the abgeros. Do they also need a tax ID? They too earn income or?

Na wetin I dey think be that, some earn more than government workers

MarkNsukkaBread:
They say obtaining a Tax ID is free but I'm sure by next year corrupt government officials will start extorting money from citizens because of it

Tax ID has always been free and will ever be.

Rebelutionary:
Go here https://tinverification.jtb.gov.ng/
Enter you BVN
Click search

And you might already have a TIN attached to your BVN

If not register here: https://tin.jtb.gov.ng/

Simple!

Hmm! I have just visited the website.
This is a serious matter.
Thank you for the information.

Konquest:
@LZAA

I propose that you be calm, and things will pan out right depending on your perspectives to life. The continued focus on negative energy/imagery will ONLY bring back negative results because we live in a world of vibrational cause-and-effect. This is why I stay far away from those who relentlessly think and speak negativity. There's a constitutional amendment review coming up in Nigeria and hopefully, those geopolitical, security, and economic inneficiences that have slowed Nigeria down for decades will be sorted out as well.

That's all I will say here and now.

Naso
Long on rhetoric short on action
The Agbado manual

Government of owo da.

I'm this same spirit, the electoral reform MUST be enforced now to clarify electronic due process and transparency of elections in Nigeria else this government be scrapped. This criminality is excessive already. We almost don't know how a sane country is like anymore in Nigeria.

Jughead29:
Why is tax such the biggest picture of this Government?

Truly, the devil came but to steal and destroy.

You cant be taxing your citizens at the same time remove subsidy... It's total wickedness

DrMB:
Do you run a business, earn income, or plan to open an investment account in Nigeria?
Did you know you’ll soon need a Tax ID for banking, insurance, and pensions?
What happens if you don’t get one before January 1, 2026?
The new Tax Acts are here to ensure fairness, everyone who earns taxable income contributes, while protecting low-income citizens. But first, you need a Tax ID.


https://x.com/StatiSense/status/1966477421869244668

Pls y'all should stop telling us it will stop Duplicate deduction of tax.

That was the same lies they told us about electronic fee (Stamp duty)

Today If I transfer money up to or above 10k from let's say my fidelity account to my other fidelity account, I still pay 50 naira EMT levy. And you are here with the usual gaslighting