“this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran - Business (8)

“this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran - Business (8) - Nairaland

Nairaland Forum › Nairaland General › Business › “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran (40585 Views)

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Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by Vision101(m): 5:27pm On Jan 08

NwaliE01:
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.

Someone sent next polyester ties to me from the UK. When I checked the price tags it was £9 discounted to £7. They are made in China. That's about #14,000. I can get the same tie much less in Nigeria. In fact #20,000 can give me a good made in China silk tie in Nigeria. The fundamental difference here is higher taxation in UK than Nigeria.

Am I then going to condemn the UK and praise Nigeria. In taxation items are taxed in different countries due to economic objectives. Some services have higher taxes in one country than the other.

Re: “this Is Too Much” – Mother Of Two Cries Out Over Tax Deducted From ₦25,000 Tran by NwaliE01: 10:59am On Jan 09

Vision101:
Someone sent next polyester ties to me from the UK. When I checked the price tags it was £9 discounted to £7. They are made in China. That's about #14,000. I can get the same tie much less in Nigeria. In fact #20,000 can give me a good made in China silk tie in Nigeria. The fundamental difference here is higher taxation in UK than Nigeria.

Am I then going to condemn the UK and praise Nigeria. In taxation items are taxed in different countries due to economic objectives. Some services have higher taxes in one country than the other.

That doesn't still make taxing already taxed incoming by the banks correct. Indirect tax is inevitable and every Country regardless tax every goods and services.
The stealing by Nigeria banks are extreme.
We need to put an end to the senseless debits from people's account, in extension by the government through the banks.