PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele (10360 Views)
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by Basic123: 10:26am On Jan 27*. Modified: 10:25pm On Jan 27 |
bunmioguns:You don't even know that the main aim of the reform is to eliminate double taxation in the first place |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by CalabarSamurai(m): 10:48am On Jan 27 |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by AKWATGOLD1(m): 11:02am On Jan 27 |
The new Tax law targeting employees that are earning big pay. Trust Nigerians, they must find a way out of difficult situation. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by coleon(m): 11:10am On Jan 27 |
Look at this lying fool talking as if they have done anything significant other than to rob Peter to pay Paul. You are deducting almost extra 60k from my salary as tax while you are reducing people's tax obligation by just 3k here and 5k there and you think are helping out. This government is not serious at all . |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by Dalohad: 11:37am On Jan 27 |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by kokoA(m): 11:43am On Jan 27 |
gbagyiza:Definitely, your take home is up to 7 figures. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by Rindo69: 12:03pm On Jan 27 |
renderme:yeah..but 1. by how much? 2. When every single transfer you make costs you an extra 50 naira plus VAT on any bank charges 3. When your rent is due, your landlord who should be responsible for remitting their WHT from the rent received passes that burden to you the tenant. Are you really better off? |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by Bimpe29(m): 12:04pm On Jan 27 |
Let the NLC and TUC confirm that. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by fxexperts: 1:27pm On Jan 27 |
renderme:Tell them. Most Nigerians are just hypocrites, and they act like zombies. i dont know why. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by fxexperts: 1:33pm On Jan 27 |
Checkwell:Please tell us the bank deduction where it was increased. Keep spreading lies everywhere. Ndiala. bunmioguns:So in your head you expect government to pay you in the name of taxes. I thought you all were condemning Tinubu as the new tax master and how he wants to kill you all with taxes, now the story has changed to the fact that you are telling them that they should be the ones to pay you tax now abi. Oliver asks for more. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by fxexperts: 1:39pm On Jan 27 |
thirty:Oboy be grateful for onces in your life please. Of the 1% was removed from your salary, you would have cried and wailed and told us of the million things that the 1% can be do for you. Now you are saying that it is nothing. continue. hypocrites everywhere, swimmer:. Talk truth. Your salary increased, why lieing. MEGA4BILLION:If that same 2k was removed from your salry i guess you would have repeated this thing you just said. Because I know you would have been crying more than the crying man for us here. Typical human nature. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by fxexperts: 1:42pm On Jan 27 |
1vandragon:Always meant to criticize, you people never ceased to amaze me. What are your problems in life? |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by babaztee: 1:43pm On Jan 27 |
DECEPTIVE SPEECHES EVERYWHERE, UP AND DOWN ! |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by Lovit(m): 1:56pm On Jan 27 |
No be lie, my January net salary increased too |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by Vision101(m): 3:25pm On Jan 27 |
swimmer:Have you received your January salary? |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by Shalnick23: 3:35pm On Jan 27 |
Normally salary Dey increase every January as you go higher in step. So I can’t really say if the small increment is because of step increase or tax reduction. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by swimmer: 4:13pm On Jan 27 |
Vision101:Yep |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by 1vandragon: 4:42pm On Jan 27*. Modified: 5:57pm On Jan 27 |
fxexperts:Not everyone can be a headless chanter like you. That you wish to support blindly does not mean others should do same. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by ochepelo: 5:59pm On Jan 27 |
Just 2k |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by Alwaysphallus: 8:50pm On Jan 27 |
The break even point is 1.58m monthly gross. If you earn less, you pay less tax compared with old tax system. But if you earn more than 1.58m monthly gross, you pay higher tax compared to last year. The further your earning is from the break-even point, the higher or lower the tax impact |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by Vision101(m): 10:31pm On Jan 27 |
swimmer:With same income, is your PAYE for January more than December or less? |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by fxexperts: 1:34pm On Jan 28 |
1vandragon:You are the one supporting blindly and you know that but you keep lieing to yourself. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by 1vandragon: 5:58pm On Jan 28 |
fxexperts:Stop hiding behind a finger. Claim your blind support with your full chest. People like you that supported buhari blindly for 8 years only to turn around and blame him for what you blindly defended. Keep deceiving yourself. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by fxexperts: 1:45pm On Jan 29 |
1vandragon:I never supported Buhari. but that is not the point. People like you are never logical; you all follow the crowd blindly. If i criticize or support someone i do so logically, and i can withdraw my support if i see he no longer makes sense. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by 1vandragon: 2:04pm On Jan 29 |
fxexperts:Lol. Why are you denying yourself? Are you not proud of your blind support for buhari which you have transferred to bat? You wouldn't know what is logic if it hit you square in the face every day for the rest of your life. To even show how blind you are, you cannot even reason that I made a suggestion that the rate should have been retained at 7% while the threshold should have been increased to about N2m. But as is usual with blind rabble rousers such as yourself, you cannot even think to advocate for a better deal that reflects economic realities created by the incompetent president, yours is just to support blindly. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by fxexperts: 1:35pm On Feb 01 |
1vandragon:This just shows that critical thinking is very far from you. i cannot contine to eduate you, because it is draining to say the least. You must be a joke joke. I have ran many calculations with this new tax law and trust me it is far less than the so called 7% you are claiming. and for your info the former tax rate was not fixed at 7%. 7% was for very low income earners, maybe you belong to that catergory. but for people who earn over 1M monthly were already paying over 15% already. this new tax law even reduced taxation for me and alot of people. In the old tax law some people were even paying up to 21%. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by swimmer: 6:07pm On Feb 01 |
Vision101:More. Led to a 200k depreciation in my pay |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by 1vandragon: 6:55pm On Feb 01 |
fxexperts:Your attempt for you and your accomplice to delete my responses to you will not work. You must learn as your reasoning faculty has been traded for sawdust. You think you can throw jabs and hide... And what if I earn minimum wage? Does it make me less human? Not everyone is a freeloader like you depending on corrupt persons or spoiled silly by corrupt family members. Exemptions are not new, so you making it seem as if bat has performed some miracle is absurd to say the least. In fact, bat is effectively taxing the minimum wage earners because minimum wage in a year is 840k. Effectively, while the threshold has increased, people actually pay more. For instance, anything over minimum wage up to 300k was taxed at 7% pre-2026. Using the manipulative metrics of bat, it can be said that 60k would have been taxed at 7% translating to N4,200. But now, that 40k over the 800k would be taxed at 15% translating to an effective tax of 6k. So, do not be deceived by the increased threshold, the tax has actually increased, it is the noise of the first 800k being tax free that is blinding people like you. |
| Re: PAYE Cut Increases Workers’ Take-Home Pay In January — Oyedele by fxexperts: 4:56pm On Feb 04 |
1vandragon:You still do not know ahet you are saying or how this tax is been calculated. First first 800K per annum whether minimum wage or what is tax free then the next amount after that is what is tax and the equivalent rates. You alkso forget there is tax relief up to N500K and their is insurance for tax rebate etc. The tax acutally reduced for so many income earners earning over N1M to 3M naira monthly as compared to last year and telling you this for a fact. And for the records if you have used your reasoing to buy fufu from the market, then please go get it back, because minimum wage will not save your sorry ass anymore. |
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