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Advice Needed On POS Terminal Collection And Tax Issue - Investment - Nairaland

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Advice Needed On POS Terminal Collection And Tax Issue by domwas2(op): 1:28pm On Feb 24, 2021
Good afternoon, please I have a question not related to food, need urgent advice.

My sister wants to start a POS money business and she was asked to bring a tax clearance receipt to the bank before given the POS and she want to pay tax N5,500 to government with no business already
She asked for my advice and I strongly told her it is like giving government a return of money you've not achieved.

She's cross with me now, I don't know if I am making sense?

Is there a way to get tax clearance with no business for documentation as requested by bank
Re: Advice Needed On POS Terminal Collection And Tax Issue by domwas2(op): 1:07pm On Feb 25, 2021
make nna help o
domwas2:
Good afternoon, please I have a question not related to food, need urgent advice.

My sister wants to start a POS money business and she was asked to bring a tax clearance receipt to the bank before given the POS and she want to pay tax N5,500 to government with no business already
She asked for my advice and I strongly told her it is like giving government a return of money you've not achieved.

She's cross with me now, I don't know if I am making sense?

Is there a way to get tax clearance with no business for documentation as requested by bank
1 Reply

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