₦airaland Forum

vanbonattel:
Who did you vote in 2023?

That will give us a better ideobon how to advise you.

djseanjohn77:
God bless you - you see one thing synonymous with this generation, we have too many ignorant people who parade themselves as knowledgeable people- these ae people who were back-benchers in their school days, people who couldn't understand basic things, lacks comprehension- But have found their voice behind the keyboard where they air idiotic comments and nonsensical contributions.
Engage them on a one vs one discussion, you will understand how ignorant they are.

DixseenMktPlace:
It’s for the rich not poor

Those wey e dey affect go cry out then we go know who be who for the tax payment

vanbonattel:
Just listen to yourself!

If she has been paying this high VAT, why is she now crying out loudly?

Some people just support evil because it's done by their people.

Sirmwill:
No
It would affect the poor more than the rich
Manufacturers, CEOs etc, they would be forced to increase prices of their produced commodities and services, even importers
This would drastically increase prices of things in the coming days

vanbonattel:
Just listen to yourself!

If she has been paying this high VAT, why is she now crying out loudly?

Some people just support evil because it's done by their people.

AMI3:
U are absolutely correct.
100000 correct

That is what most people don't know or understand that all those people u mentioned will pour their frustration on the poor people.

This is a sad situation

Sirmwill:
No
It would affect the poor more than the rich
Manufacturers, CEOs etc, they would be forced to increase prices of their produced commodities and services, even importers
This would drastically increase prices of things in the coming days

seunmsg:
You’re capping nonsense. Is VAT a new tax? If she had made the same purchases last year, would she not have paid the exact same amount as VAT? So, why will any manufacturer increase price in January over a VAT law that has been in effect since the 90’s?

Again, are you aware that with effect from 1st of January, 2026, Company Income Tax has reduced from 30% to 25%? So, will manufacturers whose CIT has been reduced force any price increment on their customers? Does that make any sense? Are you even aware that companies with an annual turnover of < 100m are now fully exempt from CIT? So, why will such companies push any increment to customers?

dfrost:
What kind of people am I sharing country with?

Learn the difference between CIT, PIT, and VAT. I don't blame influencers, I actually blame people that follow them.

If they charge you VAT, give them your TIN, to credit your account. That way you make proper analysis to the tax man at the end of your FY.

unite4real:
Thank you.
Aot of people are just misleading the public about this tax issues.
VAT that did not increase, someone is now posting it as if it was a new thing.

DixseenMktPlace:
It’s for the rich not poor

Those wey e dey affect go cry out then we go know who be who for the tax payment

ChiefOloye:
How? Please explain further, but your explanation must be knowledge based, thank you.

DixseenMktPlace:
It’s for the rich not poor

Those wey e dey affect go cry out then we go know who be who for the tax payment

Sirmwill:
No
It would affect the poor more than the rich
Manufacturers, CEOs etc, they would be forced to increase prices of their produced commodities and services, even importers
This would drastically increase prices of things in the coming days

EndBuhariNow:
so 3000 USD is considered rich 🤣 chai who do this people this thin

smileyoo:
This your narrative that the tax is for the rich, not for the poor, is totally false, because it's a deceptive propaganda from your endemic corrupt entities in government, it ought not to be a hard thing, for Nigerians to understand, that in any society the rich ones produce whatever the poor ones consumes, imports whatever the poor ones consumes, and sometimes they also employ the poor ones in their midsts .
The poor will always suffer more than the rich as regards any hostile policy of the government, because the rich ones can easily pass over their incurred over-bloated taxes/expenses to the end consumers - the poor ones.
However to pay tax is never a bad thing in a country where there is transparent accountability, unlike Nigeria where corruption reigns supreme.
Pls ask your looting entities what they have done with huge accrued funds of fuel subsidy removal, after all their promises before the fuel subsidy removal.
Taxes/Revenues + zero accountability= more corruption, zero development, and embarrassing stagnacy of the nation.
They should fix corruption before taxations !

vanbonattel:
Company income tax has reduced to 25% and everybody who has not been paying will now start paying. That will shoot prices up by at least 40%

Why am I even talking with people who has never ran a business in all their lives.

30k laptop crews should be discussing with civil servants.

anonimi:
Where do your SMEs get their products and services from?

Don’t they get anything from the big companies that are taxed

DixseenMktPlace:
It’s for the rich not poor

Those wey e dey affect go cry out then we go know who be who for the tax payment

Iamzik:
Don't be fooled by APC. The tax will affect you no matter how poor you are. Manufacturers and businesses will increase prices of goods and services to accommodate the new tax

Price of everything you buy will increase again including your bread, detergent, food... everything

So when they tell you that tax is for the rich I just laugh 😂😂

smileyoo:
This your narrative that the tax is for the rich, not for the poor, is totally false, because it's a deceptive propaganda from your endemic corrupt entities in government, it ought not to be a hard thing, for Nigerians to understand, that in any society the rich ones produce whatever the poor ones consumes, imports whatever the poor ones consumes, and sometimes they also employ the poor ones in their midsts .
The poor will always suffer more than the rich as regards any hostile policy of the government, because the rich ones can easily pass over their incurred over-bloated taxes/expenses to the end consumers - the poor ones.
However to pay tax is never a bad thing in a country where there is transparent accountability, unlike Nigeria where corruption reigns supreme.
Pls ask your looting entities what they have done with huge accrued funds of fuel subsidy removal, after all their promises before the fuel subsidy removal.
Taxes/Revenues + zero accountability= more corruption, zero development, and embarrassing stagnacy of the nation.
They should fix corruption before taxations !

AMI3:
What explanation do u need when the situation is starring at your face like lame dog beckoning for help.


Did u ask urself why that lady cried out?
Do u want to tell me that since last year that she has not been paying her tax?

This is just the genesis wait for the first quarter of the year and don't forget to monitor the cost of items in the market.

Watch as manufacturers , importers will take advantage of the situation.

In a country like our where there is no price control and the government is still creating another confusion in minds of people.

Maybe u will go the village to explain to the villagers about the new tax law.
U go explain tire.


My lip is seal.

seunmsg:
You’re capping nonsense. Is VAT a new tax? If she had made the same purchases last year, would she not have paid the exact same amount as VAT? So, why will any manufacturer increase price in January over a VAT law that has been in effect since the 90’s?

Again, are you aware that with effect from 1st of January, 2026, Company Income Tax has reduced from 30% to 25%? So, will manufacturers whose CIT has been reduced force any price increment on their customers? Does that make any sense? Are you even aware that companies with an annual turnover of < 100m are now fully exempt from CIT? So, why will such companies push any increment to customers?

Fuckyoumod:
lol...this one does not understand basic economics and commerce.

See, the billionaires are business men and women, they are the importers and manufactures.

If government tax them, they will just push the tax to you the poor man to pay by increase prices of commodities. What was sold for 1k, becomes 1.2k or 1.5k.

Now who will cry? You the poor man or the wealthy manufacturer or importer?

Every tax goes back to the consumers! You pay their taxes for them.

vanbonattel:
Company income tax has reduced to 25% and everybody who has not been paying will now start paying. That will shoot prices up by at least 40%

Why am I even talking with people who has never ran a business in all their lives.

30k laptop crews should be discussing with civil servants.