₦airaland Forum

Maynman:
It was not a man that wrestled jacob, it was El.
https://www.nairaland.com/7431748/hebrew-mythologies

This one don carry conspiracy theory enter bible.

jaephoenix:
Did you read the verses at all? Did he use the word shekinah?

So what's inside the ark of God and the tabernacle? What's the cloud during the day and pillar of fire at night that follows the Israelites.
Stephen was talking to fellow Jews like himself who understood what he meant.
Before u criticise the bible, pls do yourself a favour and actually study it, not just doing copy and paste.

jaephoenix:
Interesting
1. So how is this physical man that those people saw? Did any of them describe him? How did you SirTee know as a fact that they saw a physical man?
2. How did those people know that this physical man was in fact god?
3. Look at this
◄ Genesis 32:30 ►
So Jacob called the place Peniel, saying, “It is because I saw God face to face, and yet my life was spared
Its obvious Jacob saw yahweh and lived even though he knows its a death sentence. Why was he spared?

You are just been disingenuous. U deliberately skipped the earlier verses Gen 32.24-29 which states a man came to wrestle Jacob and later blessed him. Jacob encountered a man whom he later realised was God.

jaephoenix:
Did you read the part where the bible clearly stated Yahweh was refreshing (or recuperating like some versions)?

Pls go back to my first post, your answer is there. Bible writers ascribe words to God as they understand those words and events. It's left for us to discern the real intent by reading in context which is what I have done.

jaephoenix:
No they didn't because apparently Yahweh was always there to talk to them and guide them. And now Yahweh is kinda shy to talk to and guide you folks, all you have is a garbled and warped Bible. The least thing Yahweh can do is make sure this book(that would be guiding future christians in his anticipated silence) would be perfect, since he's a perfect being and whatever he breathes should be perfect. But the opposite is the case

Do u know the difference between rhema and logos.
God still speaks to people to this day, he's never silent- That's rhema. While Logos is the written word of God in the bible.

Let me ask u a question, have u ever witnessed a miracle before in your life. I mean a phenomenal change in circumstances that defies any reasonable logic.
By virtue of working in the medical field, I've witnessed real miracles. Not just in Nigeria but in developed countries where medicine is advanced and lot of things can be medically explained.
The foolish say there's no God. It's not new, they said so when David wrote the psalm more than 4 thousand years ago.
The strongest evidence to the existence of YAHWEH is RHEMA. Rhema is active and continues to transform lives as evidence by miraculous witnesses.

jaephoenix:
I was starting to believe what you were typing til I remembered the highlighted part. If someone is indefatigable and has eternal levels of power and energy, why does he need to refresh?

The bible makes it clear that God is neither weary nor slumber.
Jesus debunked your claim when he was accused of not resting on the Sabbath. He said 'My father in heaven is working to this very day, I too am working ' John 4.17-18.
Jesus is directly from heaven, he will know if God rest on the 7th day, and he's clearly saying here that he doesn't. There's no rest in heaven, that settles the matter.
God took time to take pleasure in his work on the 7th day he created the earth. It was a mandate for us to do the same not for him.
Besides, heaven is eternal. Attaching a timeline to heaven is redefining heaven as a finite abode. That's incorrect.

jaephoenix:
These verses clearly stated humans saw Yahweh face to face

Exodus 24:9-11
9 Moses and Aaron, Nadab and Abihu, and the seventy elders of Israel went up 10 and saw the God of Israel.Under his feet was something like a pavement made of lapis lazuli, as bright blue as the sky. 11 But God did not raise his hand against these leaders of the Israelites; they saw God, and they ate and drank

◄ Isaiah 6:1 ►
In the year that King Uzziah died,I saw the Lord, high and exalted, seated on a throne; and the train of his robe filled the temple

◄ Genesis 32:30 ►
So Jacob called the place Peniel, saying, “It is because I saw God face to face, and yet my life was spared

And the same Bible told us no one sees Yahweh and lives.
Exodus 33:20
But you cannot see my face,g for no one can see me and live

John 1:18
No one has ever seen God, but the one and only Son, who is himself God and is in closest relationship with the Father, has made him known

1 Timothy 6:14–16
14 to keep this command without spot or blame until the appearing of our Lord Jesus Christ, 15 which God will bring about in his own time—God, the blessed and only Ruler, the King of kings and Lord of lords, 16 who alone is immortal and who lives in unapproachable light, whom no one has seen or can see. To him be honor and might forever. Amen;

1 John 4:12
No one has ever seen God; but if we love one another, God lives in us and his love is made complete in us

I even read your rebuttal and it doesn't change anything

No man can see God because he's a spirit, he's invisible and can't be seen with naked eye. Only Jesus has seen God. John 1.18
But the FF people saw God physically - Adam, Abraham, possibly Sarah, Jacob, Moses and Israel elders.
Apart from Adam who possibly saw God as a spirit man, the rest saw God in man's fallen state which is impossible.
What they saw was God entering man to manifest his purpose. They saw a physical body filled with the divine nature of God. Just like Jesus Christ.
That's why it makes no sense when people reject Jesus as God because he's a man. The scriptures clearly shows that God can become a man if he so desires as evidenced in the old testament.

jaephoenix:
You know what you're doing? You're second guessing, and that's another blasphemy. You don't second-guess the Lord thy god. You're saying he didn't mean what he said, when he clearly stated that is what he's gonna do

Pls study shikenah glory, u will understand the verses better.
God doesn't dwell physically in temple building but his glory dwells in physical structures. However his glory has departed from the temples and now dwells in us when we accept Jesus Christ as our personal saviour.

jaephoenix:
Then you're blaspheming cos you're saying Yahweh isn't omniscient. Because an all-knowing being cannot regret, he can't be surprised

Most of what of you wrote are taken completely out of context by taking a word and extrapolating your own meaning.
The bible is not the direct word of God, no Christian ever said it is. Rather bible authors wrote the scriptures influenced by the understanding of their times and circumstances albeit inspired by the holy spirit.
That's why the bible say the letter killeth but the spirit giveth life. 2 Corinth 3.4-6.

Your list is definitely is too long to waste time explaining each. I'm sure most people didn't bother to read it all. However, if highlight few per post, then we can give appropriate response.

Now the one repeated here is like when the bible say do not grief the holy spirit.
The God knows the end right from the beginning, so he's not surprised when man falls into sin.
However, he's still grieved because God loves us so much that it hurts him when we turn away from him and embrace sin.
God remain faithful to us even when we are faithless to him because he cannot deny himself. 2 Tim 2.13.
He's a forever loving God, thus it hurts when his children disobeys him because that wasn't the original intention.

justwise:
Yes it was about your complain and i was basically telling you that you haven't done anything wrong and that i have removed those posts including the quoted ones.

Thanks but u left out some initial posts by s...kot. I already reported it under 20.

justwise:
Then its better than the one i have been using. getting it now

Don't have access to that e-mail anymore. U can post whatever u want if it's regard my complaint.
Or email tolu_seye@yahoo.com

@ sukkot, @ livingstone2013, @ Guruindahouse
I will strongly advise people to be mindful of careless comments they make online, they can be sued for defamation of character. That people u roll with are fruads or tax evaders doesnt mean other business owner who makes legal claims are one. It only shows u dont understand the tax system of your country because your friends abuse it.
I gave those that mentioned me opportunity to clarify their statements but they didnt reply. It's either they realised they goofed or prefer to wallow in their ignorance. Either way, let's learn to make use of the internet productively before making comments on what we know little about.

I have lodged a formal complaint to the mods against above monikers' mention and I expect such ignorant post to be deleted.

https://www.gov.uk/guidance/income-tax-when-you-rent-out-a-property-working-out-your-rental-income.
It's a long list of allowable expenses, below are relevant excerpt

Allowable expenses
You can deduct expenses from your rental income when you work out your taxable rental profit as long as they are wholly and exclusively for the purposes of renting out the property.

Find examples of expenses incurred wholly and exclusively for the property rental business.

You can also claim expenses for the interest on a mortgage to buy a non-residential let property.

Other types of expenses you can deduct if you pay for them yourself are:

general maintenance and repairs to the property, but not improvements (such as replacing a laminate kitchen worktop with a granite worktop)
water rates, council tax, gas and electricity
insurance, such as landlords’ policies for buildings, contents and public liability
costs of services, including the wages of gardeners and cleaners
letting agent fees and management fees
legal fees for lets of a year or less, or for renewing a lease for less than 50 years
accountant’s fees
rents (if you’re sub-letting), ground rents and service charges
direct costs such as phone calls, stationery and advertising for new tenants
vehicle running costs (only the proportion used for your rental business) including mileage rate deductions for business motoring costs

Expenses you cannot claim a deduction for include:

the full amount of your mortgage payment - only the interest element of your mortgage payment can be offset against your income
private telephone calls - you can only claim for the cost of calls relating to your property rental business
clothing - for example if you bought a suit to wear to a meeting relating to your property rental business, you cannot claim for the cost as wearing the suit is partly for your rental business and partly to keep you warm - no identifiable part is for your property rental business
personal expenses - you cannot claim for any expense that was not incurred solely for your property rental business
Allowable expenses do not include ‘capital expenditure’, such as buying a property.

Claiming part expenses
Where only part of an expense is for your property rental business, you can deduct that part as long as it’s wholly and exclusively for the property business.

Find an example of claiming part expenses.

Increasing your mortgage
If you increase your mortgage loan on your buy-to-let property you may be able to treat interest on the additional loan as a revenue expense, or get relief against income tax as long as the additional loan is wholly and exclusively for the purposes of the letting business.

Now, lets read what the uk government said about this topic issue.

Can you live in a house bought by your limited company?
Yes, but it is not advisable.

If you buy a property through a limited company, then you could incur a Benefit in Kind (BIK), which, as an employee of the company could be considered by HMRC to be notional pay or fringe benefits. Which means they must be treated as taxable income. The current rate is between 20% and 45%.

To avoid being taxed for Benefit in Kind, you’d need to pay full commercial rent to your company. And in this instance, we would strongly advise that you consult your accountant or taxation professional on that point.

You also need to remember that if you sell the property, any profits made from the sale would be subject to 19% corporation tax, while any gains from privately owned property are usually completely tax exempt.

For example, if you bought a property for £200,000 and sold it a few years later for £300,000, you could end up with a £19,000 corporation tax bill.

Can you buy an investment or buy to let through a limited company?
Absolutely. In fact, there has been a significant move toward buyers purchasing investment properties or buy to let through limited companies.

Buying a property through a limited company can have certain benefits. For starters, as a private individual you will pay 45% tax, while a limited company will pay 19%.

Also, private landlords are no longer able to deduct their mortgage costs from the rental income, which was used to reduce the burden of their tax bill.

What are the main drawbacks with buying through a limited company?
The first problem you’ll come across is finding a mortgage provider, as many lenders are reluctant to offer mortgages to limited companies. Even if they are prepared to consider an application, they may require that the directors of the company enter into a personal guarantee.

You’ll also find that interest rates are higher because of the implied higher risk. It’s advisable to set up a company before purchasing your property, a Special Purpose Vehicle (SPV) is the favoured choice.

The reason for setting up a limited company first, is that if you have to transfer or sell a property to your new company, you may incur capital gains tax if the property has increased in value and stamp duty would be payable.

As you can see, there is a lot to think about, which is why we would highly recommend that you talk with an expert to make sure you get the right advice and make the right choices for your circumstances.

FCA disclaimer
*Based on our research, the content contained in this article is accurate as of the most recent time of writing. Lender criteria and policies change regularly so speak to one of the advisors we work with to confirm the most accurate up to date information.

https://www.onlinemortgageadvisor.co.uk/blog/can-you-buy-your-house-through-your-business/

What Are the Benefits of Buying Property Through a Limited Company?

1. You Can Save Thousands When Paying Corporation Tax
Perhaps the biggest reason investors choose to form limited companies is how income is taxed in a company.

While individual investors will pay income tax, which ranges from 20 to 45%, profits held within a company are instead subject to Corporation Tax.

This is significant because Corporation Tax rates are far lower than income tax.

Corporation Tax is currently at a flat rate of 19%, which will increase to 25% in 2023.

Although these savings aren’t substantial for basic rate taxpayers, investors in the higher tax brackets can save huge amounts of money when they pay corporation tax.

2. More Mortgage Tax Relief is Available
If you’re a property investor, you’ll know one thing:

Buy to let mortgages can be pricey.

With regular interest payments needed each month and the fact you still need to pay tax, your rental profits can be eaten away.

Previously, UK landlords could deduct mortgage expenses from their rental income and reduce their tax bill.

But tax changes in April 2020 meant this was no longer the case, with individuals now given a tax credit based on just 20% of their monthly mortgage interest payments.

Bummer, right?

Well, not to worry, as this isn’t the case for limited companies.

Instead, limited companies can treat mortgage interest as a business expense, which means they can receive 100% tax relief against their rental property income.

3. Gifting Property Is Easier With Reduced Inheritance Tax 
If you’re buying property with the end goal of providing an asset to family members, limited companies might be a practical choice for you.

This is because property held by a company gives you various opportunities to mitigate inheritance tax.

You can do this by using trust structures, shares, and other methods individual landlords don’t have access to.

If you want to form a limited company for property investment, be sure to speak to a specialist advisor to guide you through the process and see if it is right for you.

4. You Can Easily Reinvest Funds After Tax Savings
If you’re thinking of buying a second property to rent out and want to own multiple assets, you may want to reinvest your income.

While individual landlords have to pay income tax on all profits regardless of intentions, it can work differently in a company.

This is because your profits after corporation tax can be kept within the company and directly used to reinvest, helping you avoid further tax payments.

That’s not to mention that due to the tax savings on offer, private landlords have even more money to spend on new properties.

https://www.rw-invest.com/uk/buying-property-through-a-company/

CAN I BUY PROPERTY THROUGH MY LIMITED COMPANY?

If you are a business owner, contractor or an independent professional operating through a limited company, you may have considered buying property through your business. In recent years, there has been a substantial move towards buying property through limited companies. Although you can purchase property through a limited company, it is vital to look at the benefits and drawbacks before making this decision.



What are the benefits of buying property through a limited company?

A significant benefit is the tax treatment of profits. For private landlords, profits from rental income are taxed via income alongside your other earnings.(likely at 40% depending on your total earnings) However, if you choose to buy property through a limited company, the profit you make will be liable to corporation tax instead, which is currently 19%. (it will be 25% from next year) Therefore, if you are a higher rate taxpayer, you would be set to make large tax savings by purchasing property through a limited company.

Additionally, private landlords can no longer deduct their mortgage expenses from rental income to reduce their tax bill. Instead, they receive a tax-credit based on 20% of their mortgage interest payments. This means additional or higher rate taxpayers won’t get all their tax back on mortgage payments as the credit only refunds tax at the basic rate. However, mortgage interest is treated as a business expense for limited companies, which means by purchasing property through your company, you can deduct the cost before paying your corporation tax.

Lastly, if you are a landlord planning to pass your property portfolio down to your children or other family members, buying property through your limited company would be a great way of avoiding large amounts of inheritance tax by making family members shareholders of your limited company.

What are the drawbacks of buying property through a limited company?

The main drawback you may face is finding a suitable lender. The majority of buy-to-let lenders will not lend to limited companies and if they do, they will often want the directors of the company to enter into a personal guarantee. You may also find that the interest rates are higher on such mortgages.

Furthermore, unless you have set up your company before purchasing your property, you would need to transfer or sell your property to your new company. This would trigger capital gains tax as it is likely the value of your property would have risen since you first purchased it. Stamp duty would also be payable on a repurchase of the property.

Finally, to access your rental income, you would need to either pay yourself a salary or dividend. These payments will be liable to income tax and rental profits taken as dividends will not be considered a business expense.

Key considerations before purchasing property through a limited company.

Your income – if you buy property as a higher or additional rate taxpayer, you will be liable to pay income tax at 40-45% however, by purchasing property via a limited company, you will only be subject to pay corporation tax at 19%.
Whether you already own property – you should consider whether it would be worth transferring property to your company. This will depend on your property portfolio as if you own several properties, the costs to transfer each of these properties to your company may outweigh any benefits
Whether you already own a limited company – if you do not already own a limited company, you should consider whether it would be worth setting one up and consider the costs involved in running this company. If you are only planning to rent out one or two properties, setting up a limited company may be excessive and you should consider taking professional advice on this point.

https://phillips-law.co.uk/insights/news/can-i-buy-property-through-my-limited-company/

So let's clarify some ignorant claims here since some people dont understand how the tax system works though they claim to live in developed countries.
some people came here and said its illegal to claim expenses as a business owner. Some said its a crime to purchase property under a company or clain expenses from such property.
So lets look at what the experts say. Is it illegal? is it tax evasion? is allowable expense approved by government- what are these expenses?
What are the pros and cons?
@ livingstone2013 @ Treadway @ Guruindahouse

HITsquad:
You missed my point man. I never said the Chinese are saints, no one is! But the Brits and West as a whole are full of shit and not morally qualified to judge or criticize anyone... Not even the Chinese.

Chinese only got here yesterday! And it wasn't the Chinese who murdered/enslaved our ancestors and forcefully took our resources without bothering to bribe anyone...
No! That wasn't long time ago!
And you "sincerely" think these same people now care about us all of a sudden? Really?

Till today western based mining and oil companies are still ripping the entire African economy off...
what has the same Brits said about it?

Propaganda doesn't have to be entirely false.. This is old propaganda format adopted during the cold war... "A kettle telling people that a pot is black just to appear cleaner and more desirable"

There is a thin line between delusions and intelligence bro.

The chinese extracting resources fron nigeria
are the destroying the area or not?
are they remitting to the federal purse? Do they bribe territorial bandits and extremist in order to have access to those areas?
That's all I care to know. not whether kettle calling pot black.
we all fought shell after their atrocities in ogoniland and were eventually forced to pay compensation, why should chinese be different?

HITsquad:
Can't you see that this is all part of the recent ongoing war between China and the West on who dominates and wins the hearts of Africa? This is nothing but a cheap and poorly constructed propaganda to sway Nigerians away from China.

The West is losing influence in Africa to China and Russia...they are desperate and doing everything necessary to stop that from happening. Throwing such cheap poorly constructed propaganda at us this time period and expecting us to swallow it... shows how dumb and unintelligent our former colonizers still think of we Africans!
It's disturbing and a big insult to our IQ as a community and even as a race!

And what's more disturbing is seeing people like you believe this nonesense even without any single piece of evidence from them or even from our own local authorities!
t's very disturbing... And shameful.
As it proves they estimated our IQ accurately!

This one is delusional. Chinese man will do anything to extract mineral resources from anywhere in the world. Their thirst for natural resources is unquenchable.

Go to osun and nasarawa and see how they ve destroyed large expanse of land in the name of gold extraction. The monarchs are complicit in the venture since the Chinese bribe them.
That the British wrote about it is nothing new. It's been going on for years as far back as 2010.

shaybebaby:
If he sees that as something worthy of mocking, then more fool him which is why are here on this thread.

When visa is a problem for many of our country people, both business and leisure, there is a gap to monetise by those who have access on behalf of those who have means but no access for a fee.

And that's why the gentleman is back in naij whilst others are making progress here. With all the opportunities that abound, he has nought to show for it and instead decided to dissuade others who may very well do better of they had access to all the information required.

Bro, if I can as a single mum own my home in the UK, what is his excuse for his failure as a non- single parent?

I couldn't believe he had to dig into your past to prove a point.
When I saw the post, my opinion of him entered the gutters immediately.
I thought he said it was a jovial thread but would mock a genuine hustle as part of fun. What a dirty mind he has, no wonder his first inclination towards everything is criminal intention.
That's why I hesitate advising/helping Nigerians because they are jealous and spiteful in nature.

Treadway:
ha noo oo. That one no follow. I'm talking about the actual legal leeways available to businesses to reduce tax burden. Although this specific example on the house you gave will fly in Canny and the USA..in fact some on here have also exposed themselves as partaking in this.

You can actually buy a house under your company name in UK and very much legal, your company will be responsible for the mortgage. I don't understand the criminal intention u guys are associating with above.
How above becomes a criminal tax evasion baffles me. Most people into real estate buy property under their company and not their name.

sukkot:
alright be calming down bro

Them don't refer to me or mention me again on this thread. I exited this thread few days back only for u to start attacking me again today with criminal intention
First I was a liar, then suffering and smiling and now criminal. Only a criminal knows the pathway of another criminal.
because I really don't understand how someone will claim for vacation he never went if it's not something you ve been doing and u know how to forge plane tickets and hotel receipt.
That's why criminal intent of property purchase also jumped into your mind. because it takes a criminal genius to cross the tedious hurdle involved in the process if its for dubious intent.
I'm sure you gone thru my posts to see what to use against me but found none. See how he's attacking the other poor girl with her hustling posts as if his life depends on it. Shameless old man.

sukkot:
all these things sound so American. You go have lunch with someone and then write it off as business expense tax ? All that is American. The british system is different. I am sure you can doctor a few things like pretending your wife is your secretary and put her on the payroll for tax purposes but yeah that is tax evasion and not legal tax avoidance . I think you are mistaking what that guy is describing as legal tax avoidance. The guy is talking about just buying a house and saying it’s part of business expenses. That’s criminal tax evasion

Buying a property under your company as the official work office is VERY MUCH LEGAL. So long as all your official correspondence goes to the property.
U dont even know getting a mortgage as limited company with one of few directors incur lots of cost and could be more expensive. It's advisable it's done for the exact purpose it was purchased.
Please don't tag or mention any criminal activity or to my moniker otherwise I will have no choice but to report u the the moderator.

sukkot:
and I would strongly advise you to stop reporting your criminal tax evasion activities online. Your IP can be traced by the British government if someone with bad belle reports you from nairaland and then your visa would be revoked. Just a friendly advice. We don’t need to be privy to your criminal activities in the UK

So are u done calculating how much we make here in the UK. Mr calculator.

sukkot:
wow, sirtee 15 make dem no go revoke ya visa oooo with all this wuruwuru activities you are espousing rishi no get joy oooo

Risshi himself should explain how him and his wife made millions without paying reasonable tax in the system. Someone that carry us green card and hide under that to commit financial atrocities.

Guruindahouse:
Yes, i got it. A Nigerian guy was fined in Sweden .This was not a hearsay. He was my buddy. The guy bought Mercedes Benz(65k euro) to run his business but the car has only 1800 km mileage after 2years. Meanwhile he has been using his old car all along for the business. They monitored my car for close to 3 years before tax office attacked him with queries. His Permanent Residence has been cancelled to ordinary residence permit.

That's why we use mileage to work here in UK. We don't bother about fuel mileage. So it's not wise to claim for car expense , most accountants will not encourage it.

sukkot:
well are you taking the vacations or just filing and pocketing the money ? Anyway it’s not important. Point here is you have established that you have to do wuruwuru to survive

So how will your accountants file for the claims if u don't give them evidence of expenses on the vacation. Or u think they will cook up books for HMRC on your behalf.
Rest. Enjoy your stay in naija.