“this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran - Business (7)

“this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran - Business (7) - Nairaland

Nairaland Forum › Nairaland General › Business › “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran (40835 Views)

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Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Quelme: 2:37pm On Jan 06

helinues:
What sort of a clown clout chaser be this.so the ranting is about less than N100?

I haven't sent out this year but just deliberately did to confirm. N77 charges on transaction which is still fair

what if you send like 3 million Naira from overseas to your own Nigerian account, would it be taxed too?

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by UrVillageChief: 2:50pm On Jan 06*

Truthissupreme:
you are sick in the head o

Do you know what #70 Is to a poor man account, una true true dey underate the poverty level apc has taken Nigeria

There are still Nigerians that scrap every penny in their account

Even though I’ve been actively campaigning against this federal government’s tax policy, folks like you and that clout chaser will end up turning the whole thing into a mess and ridicule to the point that they will stop taking us seriously. All this ranting over #87?, so tell us, how much was she being debited for transfers before now? Her transfer charge was obviously at the range of #30-37 while the stamp duty charges (#50) that used to be debited from the receiver’s account was now debited from her account (sender). I thought all of us were aware of the arrangement already.
Don’t turn this campaign into ridicule with all this silly theatrics. What we are saying is that the Nigerian governments have no right to tax the masses they’ve failed to support. They have no right to tax the unemployed and the threshold should be increased. The tax payments should be restricted to those who are earning incomes through employment and those who aren’t employed should be entitled to social benefits that are then taxed. President Tinubu should stop taxing poverty, those countries we are emulating their taxation policies and systems all have schemes that take care of the unemployed masses and non of them taxes those who have no job.

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Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by MEGAWATCH: 3:09pm On Jan 06

Richtaiwo:
And finally, this right here is exactly why I don’t waste a single second replying to any of you. The shouting is deafening, but the substance? Nonexistent. Try to drag one of you into a real argument, and you immediately tumble off the rails, flinging nonsense in every direction until the whole conversation collapses under the weight of nonsense.

Let’s be clear, you are not my match, never have been, never will be, so do yourself a favor and stay out of my mentions. Go ahead, keep quoting each other and typing your endless rubbish into the void of other people’s timelines, but keep me out of your sad little circus. My deliberate silence isn’t weakness, and by now, if you’ve been paying attention, you should understand why.

Still blowing hot air like the bootlicker you are. You need to go back to your base so that your oga will direct you on how to handle my two questions that you weren't able to answer since yesterday.

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by seunmsg(m): 3:19pm On Jan 06

phoenix45:
show evidence of this transactions here. post transaction details and receipts.

Because you are?

1 Like

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Bluntemperor: 3:47pm On Jan 06

helinues:
What sort of a clown clout chaser be this.so the ranting is about less than N100?

I haven't sent out this year but just deliberately did to confirm. N77 charges on transaction which is still fair

That lady in question is having a DNA of always Complaining on anything Govt or let us ask her,how much do you want the Charges to be on 25,000,so we may all appeal to the Govt-of the day.
How much Data did you spent in your messages this year,so let's start comparison early ?
Absolute Nonsense!

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by kunlegboye(m): 3:55pm On Jan 06

I just transferred money more than that now, there is no deduction whatsoever, I don't understand sha.... sometimes we're not honest in this country!!

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by sparko1(m): 3:58pm On Jan 06

NwaliE01:
It's Australia bro.
You look it up on the Internet.

NO VAT but there is GST 10%

Just becuase it was changed to something else doesn't mean they don't pay.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by hush15: 4:14pm On Jan 06

Exousiang01:
Oga that has been the charges.
You are just exposing your poverty level.
What you are saying shows you have never transfered N10k and above before

Again, I reiterate that all pockets are not equal. That 1kobo that is nothing to you might just make all the difference for someone else. As per me, you can think as you like, it doesn't define who I am. I know who I am and poor or poverty is not in that list. I don't have it all but am content with I have.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by damoobaba: 4:27pm On Jan 06

alphonsojidebab:
https://eyesoflagos.com/2026/01/06/mother-cries-out-tax-deduction-25000-transfer/

If Tinubu continues like this, I think he'll be a goner by 2027. Nigerians don't play with money.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Treasure17(m): 5:40pm On Jan 06

helinues:
What sort of a clown clout chaser be this.so the ranting is about less than N100?

I haven't sent out this year but just deliberately did to confirm. N77 charges on transaction which is still fair

Still fair? You are irredeemable helinues.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by femi4: 6:02pm On Jan 06

helinues:
When you are done lying to yourself, let's us know . So you will make transfer to other banks without attracting any charges

You are not talking to your local village people on NL

He is correct...you ve never left the shore of this Country and you dey argue

You only get charged on interst

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Vision101(m): 6:06pm On Jan 06

Namaster:
Why are ID1OTS spreading FAKE news and causing panic for ordinary Nigerians.

“I was charged almost ₦100 for tax. Nigeria, which way? This tax is too much o. That means ₦100,000 tax fee will be very, very big. This is getting serious"

Stamp Duty is a FIXED charge of #50.
Whether you transfer #10,000 or #10 MILLION.

The remaining part of the #87 is likely just bank charges plus VAT on bank charges which would also remain the SAME whether you transfer #10,000 or #10 MILLION.

This is EXACTLY the reality on ground BEFORE the New Tax Laws were introduced.

It's just that instead of the #50 Stamp Duty to be deducted from the Receiver's account, it's now deducted from the Sender's account so that the receiver can get the FULL amount of the transaction.

Meanwhile, this one is already here spreading FAKE NEWS and panic.

This Single Mother of 2 (NOT surprised) is too DMUB.

And the INTELLECTUALLY-DEFICIENT people on Twitter are already lapping up the NONSENSE like it's spring water.

NOBODY WILL DEDUCT TAX FROM YOUR BANK TRANSACTIONS!

Another one said he transferred #100K and got #63K.

My brother just ignore Nigerians. They have left price of rice and dollar exchange rate. It's now propaganda about tax. Just read and ignore.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Vision101(m): 6:07pm On Jan 06

Richtaiwo:
That clown’s claim that he transferred N100k and only N63k was credited to his other account is a barefaced lie. Where is the evidence, where is the proof to back up such a ridiculous story?

Are you sure that he's not owing the bank?

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Vision101(m): 6:10pm On Jan 06

Truthissupreme:
you are sick in the head o

Do you know what #70 Is to a poor man account, una true true dey underate the poverty level apc has taken Nigeria

There are still Nigerians that scrap every penny in their account

This is not the point. These charges have been there before now. Why dishonestly make it look like it came through the new tax law.

1 Like 1 Share

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Vision101(m): 6:19pm On Jan 06

NwaliE01:
It's Criminal. I have been living abroad (Australia) for over 4 years now. They haven't deducted a cent from my account for any charge. Zero charge all year round.

No fear my battery, light no dey go off

Nigeria is getting very close to h3ll.

Relax and don't harass us with where you live. If you want us to do a comparative study of tax in Australia and Nigeria then bring the entire tax regime of Australia and put it side by side with Nigeria's. If there is zero charge on your savings account in Australia and there's on Nigeria there could be other taxes in Australia that are not applied in Nigeria. Don't pick one and begin to praise where you live and call Nigeria hell.

Btw what is the tax to GDP rate in Australia?

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Oblongata: 7:03pm On Jan 06

Namaster:
Why are ID1OTS spreading FAKE news and causing panic for ordinary Nigerians.

“I was charged almost ₦100 for tax. Nigeria, which way? This tax is too much o. That means ₦100,000 tax fee will be very, very big. This is getting serious"

Stamp Duty is a FIXED charge of #50.
Whether you transfer #10,000 or #10 MILLION.

The remaining part of the #87 is likely just bank charges plus VAT on bank charges which would also remain the SAME whether you transfer #10,000 or #10 MILLION.

This is EXACTLY the reality on ground BEFORE the New Tax Laws were introduced.

It's just that instead of the #50 Stamp Duty to be deducted from the Receiver's account, it's now deducted from the Sender's account so that the receiver can get the FULL amount of the transaction.

Meanwhile, this one is already here spreading FAKE NEWS and panic.

This Single Mother of 2 (NOT surprised) is too DMUB.

And the INTELLECTUALLY-DEFICIENT people on Twitter are already lapping up the NONSENSE like it's spring water.

NOBODY WILL DEDUCT TAX FROM YOUR BANK TRANSACTIONS!

Another one said he transferred #100K and got #63K.

Thanks for the exposure 👍

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Inosky: 8:06pm On Jan 06

Tinubu and his gangs do nothing to a poor man struggling to survive but will tax them from the little he struggled to get on his own. Taxing poverty. Shame doesn't catch them.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Mattswaggz: 8:12pm On Jan 06

dominique:
All these misleading info sha. I moved money from my GTB to my mfb account on 3rd January and only got the usual bank charges on both accounts. Social media monetisation has turned people to something else

The new tax law says that transfers to own account in different banks wouldn't be taxed if I am not mistaken.

1 Like

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Bhol28: 8:20pm On Jan 06

Just seeking attention.This is not tax,its normal bank charges that have been existing for years

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Konquest: 8:55pm On Jan 06

seunmsg:
Do you need anybody to tell you that person is lying? I’ve transferred millions this year already without anybody taxing my money. All I’ve paid is the normal bank charges plus vat and the standard Stamp duty. So, what reconciliation do you want?

https://www.youtube.com/watch?v=p6J2B-vcKbs

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Konquest: 9:05pm On Jan 06

Nten:
Did you read where someone said he sent #100,000 to another of his account but saw #64,000 as balance. How can you reconcile that?

That statement you quoted right ABOVE is an IRRESPONSIBLE big lie from that shameless person and other lemmings meant to mislead unsuspecting readers who are largely gullible as well.

Watch the video right BELOW for more CLARITY. NOBODY is taxing anybody's bank accounts.

https://www.youtube.com/watch?v=p6J2B-vcKbs

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by phoenix45(m): 10:16pm On Jan 06

Because you can't prove without showing workings.

seunmsg:
Because you are?

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by seunmsg(m): 10:23pm On Jan 06

phoenix45:
Because you can't prove without showing workings.

I’ve shared my experience and you don’t have to believe me. I don’t have to prove anything to a faceless person on a faceless forum.

1 Like

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Insectkiller: 11:08pm On Jan 06

That's not the solution...

The solution is for you to get educated...

Maxzyx:
It’s simple. Vote out APC in 2027 period.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Princepri(m): 8:43am On Jan 07

UrVillageChief:
Even though I’ve been actively campaigning against this federal government’s tax policy, folks like you and that clout chaser will end up turning the whole thing into a mess and ridicule to the point that they will stop taking us seriously. All this ranting over #87?, so tell us, how much was she being debited for transfers before now? Her transfer charge was obviously at the range of #30-37 while the stamp duty charges (#50) that used to be debited from the receiver’s account was now debited from her account (sender). I thought all of us were aware of the arrangement already.
Don’t turn this campaign into ridicule with all this silly theatrics. What we are saying is that the Nigerian governments have no right to tax the masses they’ve failed to support. They have no right to tax the unemployed and the threshold should be increased. The tax payments should be restricted to those who are earning incomes through employment and those who aren’t employed should be entitled to social benefits that are then taxed. President Tinubu should stop taxing poverty, those countries we are emulating their taxation policies and systems all have schemes that take care of the unemployed masses and non of them taxes those who have no job.

have you ever heard of the term death by a thousand cuts?, Of course, you haven't. else you wont be saying all the nonsense youre saying. if you think that a govt that wants to steal small amounts from you will give you social benefits youre dreaming.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Afamed: 9:11am On Jan 07

Bastard liars everywhere.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Nten: 11:57am On Jan 07

Konquest:
That statement you quoted right ABOVE is an IRRESPONSIBLE big lie from that shameless person and other lemmings meant to mislead unsuspecting readers who are largely gullible as well.

Watch the video right BELOW for more CLARITY. NOBODY is taxing anybody's bank accounts.

https://m.youtube.com/watch?v=p6J2B-

Thanks... That's ok

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by DeOTR: 2:48pm On Jan 07

workchopNG:
We pay health insurance here but do we get to experience the kind of care and facilities you get in Western countries?

When I say top tier, I mean we'll equipped hospitals that can handle complex cases. Shamefully, even our politicians run to those hospitals for ordinary routine checkups...

All the oil, education, and electricity subsidies that has been removed, with the numerous bank charges, is it not enough to provide the whole nation with just pipeborne water?

I will happily pay 50% tax in the UK where I know it'll be made use of than 5% in Nigeria where i know where it'll go.

Bank charges? Government do not run Banks in Nigeria. That's what I know.
You want to know why Nigeria is the way it is? It's because of Nigerians like you. The people in government are a reflection of the population. I've always said you can't possibly have good people and bad government. The government is bad because most people will act the same way if they have the opportunity. Put an average Nigerian in charge of your business as a manager and he/she will attempt to run you out of business if you let him/her. Now imagine that kind of person having to access to billions or even trillions?
You'll get a stage in life where you'd rather put Tinubu or Akpabio in charge of your money rather than an average Nigerian who hasn't had any opportunity to steal. People in government are just few people who found themselves in position of power, they didn't fall from the sky, and I have every reason to believe you won't any better than people you criticize if you have the opportunity.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by DeOTR: 2:58pm On Jan 07

workchopNG:
So, what do you gain by paying 15% tax in Nigeria?

Do you have uninterrupted power supply?
Clean drinking water?
Good roads with proper safety measures?
Clean environment?
Good paying job?

These are just the basics.

I may not have good roads everywhere I go or uninterrupted power supply, but I have access to clean water and environment and I've never put the responsibility of having a good job on the government. I find a better job every time I see one or get bored with the one I'm doing. This is not because I have connections, but because I have the required skills to do what most people can't do. Yes, the opportunities are minimal in Nigeria and you have to have connections or be highly skilled to get great jobs.
Where I stay now, solar power serves me better.
I've been to a lot of places to understand that paying 15% tax won't get you even the basics you listed up there, that's besides the fact that our politicians steal the little we have.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by NwaliE01: 5:43am On Jan 08

Vision101:
Relax and don't harass us with where you live. If you want us to do a comparative study of tax in Australia and Nigeria then bring the entire tax regime of Australia and put it side by side with Nigeria's. If there is zero charge on your savings account in Australia and there's on Nigeria there could be other taxes in Australia that are not applied in Nigeria. Don't pick one and begin to praise where you live and call Nigeria hell.

Btw what is the tax to GDP rate in Australia?

You're not seeing the big picture.

What are they taxing for?

That's my point. You can't tax money That's already taxed.

Banks collect so many crimin@l charges from Nigerians. The same bank do not charge in other Countries.

Example: UBA is a multinational bank, they charge Nigerians unnecessarily with less service quality than other Countries they operates.

We can't keep swallowing nons@nse because we are Nigerians.

Having your Nationals abroad is beneficial because they will be able to call out things like this which people at home would perceive normal.

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