post=85785992:


This will move our country forward a great deal.
We are in a very safe and trusted hands.
Not in the hands of criminals, rapists and looters.

God bless our darling Daddy President Muhammadu Buhari for all the very good work he is doing in our nation.

God bless Nigeria.



It is always good and refreshing to see that we still have reasonable and sensible youths on this forum.
Two wise men.
God bless you guys.
Again, God bless Nigeria.
Slow and steady we will get there.


Looks so good, for the nation to move forward.

Be objective with your argument please. Who are the rapist? Caution your words

Dpharisee:


No be every topic you go comment. Allow people who are vast on the subject to talk.
You have been disgracing yourself here daily by saying nothing but God bless Buhari which adds nothing to intellectual discuss.

Even if them dey pay you as NL rep, you should present reasonable arguments in support of our government not been overtly over simplistic without relevance and blocking useful space even when you don't have an iota of idea about the topic.

Good advise

post=85785992:


This will move our country forward a great deal.
We are in a very safe and trusted hands.
Not in the hands of criminals, rapists and looters.

God bless our darling Daddy President Muhammadu Buhari for all the very good work he is doing in our nation.

God bless Nigeria.



It is always good and refreshing to see that we still have reasonable and sensible youths on this forum.
Two wise men.
God bless you guys.
Again, God bless Nigeria.
Slow and steady we will get there.


Looks so good, for the nation to move forward.

Be reasonable please

post=85785992:


This will move our country forward a great deal.
We are in a very safe and trusted hands.
Not in the hands of criminals, rapists and looters.

God bless our darling Daddy President Muhammadu Buhari for all the very good work he is doing in our nation.

God bless Nigeria.
.

You see that number 7?

G boys are smiling now.

Fuckthamods:
[s][/s]
1 million to anyone that can provide me this rotten meat seller frequent locations.. I have his pic, what i need now is where he can be found

I'll gladly and effortlessly contribute to the 1 million.... if you ever find out his location, please don't forget to mention me.

Fuckthamods:
[s][/s]
1 million to anyone that can provide me this rotten meat seller frequent locations.. I have his pic, what i need now is where he can be found

he's just a hungry paid e-dog that needs to feed his family Or a well paid SSS agent.....

So don't waste ur time looking for a self destructive man up and down......Karma has all of us location ...it will visit us one day soon

Na that number 10 them go use chop the common man. An average Nigerian uses savings account and you cannot even have more than one in the same bank except the other is a joint account. So what rubbish exemption are they exempting?

I like number 5 and 6 though. Waiting for the next FIRS officials that will come to my office.

How/where can one get the TIN now.


Don't even know whether to be happy or sad about this news.

Aswear naija don tire pesin.

Fuckthamods:
[s][/s]
1 million to anyone that can provide me this rotten meat seller frequent locations.. I have his pic, what i need now is where he can be found

lol.

Lmao!!


You want give an kerosine to drink?

Good move

More fuel to Hanan presidential jet, now the journey begins.

Na to go save inside soak away o

Ehn eleyi su mi o..

How will prostitutes operate accounts.. No tax ids.. Wat of churches

Omo buhari dey para for tax o .

With the way things are going our tax to gdp ratio may even reach 9 or 10 percent.

Nice one from Buhari.

You just said it all. Nigeria shall be Great again.its a matter of time. Let the Pessimist be what they have willingly become. As for we the Optimist we will continue to pray for a greater Nigeria.

post=85786161:



Some people ask; where are the achievements?
Well, if they are of such mindset, unfortunately they can't be helped.
We don't have the authority to mix spittle with clay, put on their eyes, and direct them to go to Siloam pool, wash, and come back seeing.
Once anybody decides to be willfully blind, no matter what you push in front of his eyes, he wouldn't see.
If he decides to be willfully deaf, even if there are thunder peals by his ears, he won't hear.
The blind claim not to know.
Good luck to them.
Those who know, really know.
And they are the millions who will stand by the President any day, any time....like Yours Truly.
Strides in security, agriculture, anti-corruption, infrastructure, and many others are evident.
When they drive on Enugu-Onitsha Expressway, Enugu-Port Harcourt Expressway, Aba Port Harcourt Expressway, and hear that early works on the Second Niger Bridge have reached about 45% completion,
and still refuse to believe, what then can anybody still do?
But thankfully, those who believe far out number the inveterate, wailing, blind cynics.


SAY NO MORE............

Here you have it!

post=85786161:



Some people ask; where are the achievements?
Well, if they are of such mindset, unfortunately they can't be helped.
We don't have the authority to mix spittle with clay, put on their eyes, and direct them to go to Siloam pool, wash, and come back seeing.
Once anybody decides to be willfully blind, no matter what you push in front of his eyes, he wouldn't see.
If he decides to be willfully deaf, even if there are thunder peals by his ears, he won't hear.
The blind claim not to know.
Good luck to them.
Those who know, really know.
And they are the millions who will stand by the President any day, any time....like Yours Truly.
Strides in security, agriculture, anti-corruption, infrastructure, and many others are evident.
When they drive on Enugu-Onitsha Expressway, Enugu-Port Harcourt Expressway, Aba Port Harcourt Expressway, and hear that early works on the Second Niger Bridge have reached about 45% completion,
and still refuse to believe, what then can anybody still do?
But thankfully, those who believe far out number the inveterate, wailing, blind cynics.


SAY NO MORE............

Here you have it!

Oga why can't you explain in details this your mysterious knowing instead of insulting people. Even Christ explains his riddles with simplistic words afterwards. Contend with others rationally rather than assume others are incapable of basic comprehension.

post=85786161:



Some people ask; where are the achievements?
Well, if they are of such mindset, unfortunately they can't be helped.
We don't have the authority to mix spittle with clay, put on their eyes, and direct them to go to Siloam pool, wash, and come back seeing.
Once anybody decides to be willfully blind, no matter what you push in front of his eyes, he wouldn't see.
If he decides to be willfully deaf, even if there are thunder peals by his ears, he won't hear.
The blind claim not to know.
Good luck to them.
Those who know, really know.
And they are the millions who will stand by the President any day, any time....like Yours Truly.
Strides in security, agriculture, anti-corruption, infrastructure, and many others are evident.
When they drive on Enugu-Onitsha Expressway, Enugu-Port Harcourt Expressway, Aba Port Harcourt Expressway, and hear that early works on the Second Niger Bridge have reached about 45% completion,
and still refuse to believe, what then can anybody still do?
But thankfully, those who believe far out number the inveterate, wailing, blind cynics.


SAY NO MORE............

Here you have it!

All this sh!ts you just wrote, are actual depiction of you and your foolishness... You are obviously seeking attention and I feel really sorry to be giving you one, things i do for my country though.

1. Banks will request Tax Identification Number (TIN) before individuals are allowed to open bank accounts. Existing account holders must provide their TIN to be able to operate their accounts. #PublicFinanceBill

TIN registration should then simply be centralized and easily done from the system.
Tax regime calculation should not be opaque, easy to understand and calculate for reconciliation purpose.
Issues from tax and others should have a clear procedure to resolve them without the usual government bureaucracy.

upvote

2. Non-residents who provide imported technical and management services in Nigeria will be taxable at a final Witholding Tax rate of 10%. #PublicFinanceBill

Non-residents should be defined.
Are we saying Non-Resident Nigerians, NRN or Non-Resident Experts.

If NRN, it makes no sense, as taxation is a disincentive to repatriate funds home, we will be discouraging FDIs and Diaspora who repatriate funds back home.
This is also in addition to the tax paid by NRN in the countries where they earn, plus charges from both banks (foreign and Nigeria alike when sending funds home)
In fact, they should be incentivized to bring home the money they have been able to earn.

However, the master stroke here will be if NRE are made to payback part of the funds earned whilst working here:
I know people will say it will discourage experts, but of course they earn the money in Nigeria, it is only fair they pay their taxes before repatriating the funds.
Plus it will discourage outsourcing our jobs to expert which can be done by Nigerians

Upvote for NRE downvote for NRN


3. Dividends distributed from petroleum profits will attract 10% withholding tax. This will affect those with investments in oil and gas investments. #PublicFinanceBill

Enough said. Upvote here. You earned it then pay for it.

4. A minimum tax (mainly applies to those without profit & unable to pay CIT) provisions of 0.5% of turnover will apply to all companies and exemption will only apply to small companies (less than 25m turnover). Non-resident companies will now pay minimum tax. #PublicFinanceBill

#upvote


5. Small businesses with turnover less than N25m to be FULLY exempted from Companies Income Tax (CIT) & entities with less than N25m in turnover are exempted from VAT registration. #PublicFinanceBill

Good decision as this will encourage SMEs.
But this rule should be domesticated nationally to avoid the case of dubious state tax laws.

6. A CIT rate of 20% applies medium-sized companies with turnover between N25m and N100m. It's a boost for SMEs. #PublicFinanceBill

#upvote but my fear is providing a responsible government to companies giving you one fifth of what they make, and 20kobo for a Naira earned.
No excuse should be given by government why they should not provide responsible infrastructure for people paying you so much.

7. The law will now allow use of EMAILS as a communication medium with tax institutions - FIRS & State Revenue Agencies. #PublicFinanceBill

Good, it makes things a lot easier.
#upvote

8. Early payment of Company Income Tax is incentivised with deduction of 2% of tax payable (medium-sized companies) and 1% for large companies. #PublicFinanceBill

Good start, but should see a ceiling of 5% to provide good motivation

10. Stamp duty on bank transfers will apply to amounts of N10,000 and above. Transfers between the same owner's accounts in the same bank will be exempted. Electronic bank transfers included.
#PublicFinanceBill

Downvote here
As a total review of the charges should be looked into.
A value for exemption should be tied to the minimum salary.

This way the common man, may benefit from this as 100k maybe transferred in 3 tranches, that is the Nigerian in me thinking now

#downvote

OmoOshodi:
he's just a hungry paid e-dog that needs to feed his family Or a well paid SSS agent.....

So don't waste ur time looking for a self destructive man up and down......Karma has all of us location ...it will visit us one day soon

What kind of karma.. Rubbish karma.. That somone support buhari, it's not anybody problem... Its a choice okay... U people just wanna kill ursef ontop say person like buhari,u can like whoever u wana like okay...
Fake karma

Blitz888:


https://mobile.twitter.com/budgitng/status/1198991824351846401?lang=en

Culled from BudgIT Nigeria.

There is no armed robber and criminal that is worse than the Nigerian govt. Kai time to start hustling to rewrite waec I need to leave this shithole sharp sharp.

How many northern businesses pay tax? How many northerners have TIN? how many herdsmen pay tax? A serious government would have prioritised financial inclusion over killing the current taxpayers with more tax.

Well, we shall see.

So what happens to monies in the accounts of individuals who cannot get the tax identification number? Say market men and women? Not forgetting that the law has automatically exempted them from paying tax.

siraj1402:
This is really good if fully implemented.

Dpharisee:


No be every topic you go comment. Allow people who are vast on the subject to talk.
You have been disgracing yourself here daily by saying nothing but God bless Buhari which adds nothing to intellectual discuss.

Even if them dey pay you as NL rep, you should present reasonable arguments in support of our government not been overtly over simplistic without relevance and blocking useful space even when you don't have an iota of idea about the topic.

Don't mind the fool, you have time to read that nonsense he usually put down here. Once I see his name I don't waste time read it, I will scroll pass. No time to read same thing in every topic

post=85785992:


This will move our country forward a great deal.
We are in a very safe and trusted hands.
Not in the hands of criminals, rapists and looters.

God bless our darling Daddy President Muhammadu Buhari for all the very good work he is doing in our nation.

God bless Nigeria.



It is always good and refreshing to see that we still have reasonable and sensible youths on this forum.
Two wise men.
God bless you guys.
Again, God bless Nigeria.
Slow and steady we will get there.


Looks so good, for the nation to move forward.


God bless you.

I don't understand how TAXing the common man to his last kobo is moving the country forward, even though the common man can't see anything tangible after paying TAXES

Please help. what about students?

post=85785992:


This will move our country forward a great deal.
We are in a very safe and trusted hands.
Not in the hands of criminals, rapists and looters.
God bless you.

Professional asslicker. I greet you specially.

Number 1 will have a hard time being implemented.

God bless our darling Daddy President Muhammadu Buhari, Our darling Papa.

Blitz888:


https://mobile.twitter.com/budgitng/status/1198991824351846401?lang=en

Culled from BudgIT Nigeria.

So does it mean that unemployed Nigerians who are receiving stipends in their bank accounts from friends and relatives can't be able to also access their accounts without providing their TIN?

Will there be structures in place to control price so that companies will not craftily shift the burden of their taxes on the common man who will be buying some everyday products?

All in all, it’s a great directive.

Now, there should be solid laws put in place to guarantee government looters a minimum of 18 years in prison, expedited trial(trials should not drag for more than 6months).


Something should be done about the effcc and their bias fight against corruption