₦airaland Forum

erico2k2:
Still Nothing learnt. smh

I don't need it. Tanx.

erico2k2:
No you do, you have gone to read up what fixed assets are and realize they are classed as PP and E and realized its stupid to say you pay VAT on them directly and instead of you to admit your Ignorance U dey here dey mumu yourself, this is the problem with you lot, you try to sound sophisticated and dev into shyte you know next to nothing about.

Perhaps you should go to where the transactions was made and go and argue with them there instead of the back and forth you are having with me.

erico2k2:
I know the meaning but I suspect you don't that is why you cannot say it on here, anyway I have made my point and we done here.

I dont know and i refer you to IAS ( international Accounting Standard). Mr Know it all.

erico2k2:
YOu see you guys, this is why loads of you fail Visa interview, I asked you a simple question, WHAT DO YOU UNDERSTAND BY FIXED ASSETS,]Even with the help of the Internet you succeeded in posting a screenshot of what kind of tax is imposed o n fixed assets. You still could not provide a narrative of reasonable explanation from yourself of what you understand as a fixed asset. I give up

VAT is 7.5% in2024 ,2025 and 2026, nothing new and nothing changed so you lot screaming vat up vat down have n o clue.

Kindly check IAS 16 for the meaning. Presently, we are discussing rate of Vat on Fixed assets.

erico2k2:
VAT is VAT worldwide, the % is the difference. I asked you to educate me on what fixed asset is reference VAT, you are here longing things.

Find as attached.

erico2k2:
Bro I live i n the UK and U wana tell me bout tax na we be tax
What do you know about fix assets reference VAT?

Can you compare UK way of doing things to Nigeria?

That's what you should think about before our back and forth.

erico2k2:
Plz go and read what the definition of VAT and come back lets see if it fits into your narrative.
This debate on here about VAT just further reveals how clueless citizens of Nigeria are as to what policies entails even if it was looking at us in the face
The Only thing that is new here is its enforcement, Penalties and mode of payment meaning if you have been dodging remitting VAT you will now be fined. But in paper all is good but in reality the vast majority of it is not enforceable.

Perhaps you're the one clueless, because Vat of 7.5% is charged on fixed assets and other products and services in Nigeria since last year. Go and do your research and revert.

erico2k2:
This statement of yours was it not true for last year?
if it was true for last year then what changed?

Boss, it's a simple maths 7.5% of the cost of a product or services is the tax. Nothing has changed, I am just trying to update you on the new tax regime that took effect this year.

Learned person should know that VAT is 7.5% and the new tax regime is progressive tax in nature. So the higher the worth of the purchase, the higher the Tax.

These are raw intelligence the NA needs so as to finish off these bandits once and for all but I am sure nothing will be done.

kernniejay:
African teams have not been fantastic in this tournament. I'm especially disappointed in Egypt. Look at how South Africa played them like adult playing children, with 62% possession against 38% of Egypt in the second half. Egypt could not even near South Africa's side of the field.
As for the Super Eagles, it's too early to determine what they can do, they may surprise you when you are expecting to be disappointed and they may discourage you when you think they will impress you. We are still watching them with fingers crossed, let's see how there second match will look like. Their first outing was just average.

Hello OP, Benin vs Botswana is 1:30pm NOT 4pm

You criticize Egypt as if possession wins game. They were one man down and still beat SA.

These statements is too heavy for a learned person like the VP, it's more like in a military kind of government statement. It's obvious that APC is home and dry with the high level of defections but that doesn't mean discouraging oppositions. There's no democracy without oppositions and freedom of association and expressions. I am sure if it's an opposition that made this statement, DSS would have invited such for questioning.

damble:
Useless people... We should pray while you share money

You speak my mind actually>

Real Fact.

Kalulu44:
There's a mistake from the Op, we won them at Tunisia 94 nations cup quarter final. Then they were known as Zaire. The op didn't list that, and I am sure we have played them other times as Zaire and won

We played them six times, we won four , lost once and drew one.

Usmanovic95:
DR congo players will be playing every match like they possessed,remember they were promised $1million per player if they can get the world cup ticket. Their players will be playing the game like hungry lions but we just have to be on our A-game.

Let them play like hungry lions till they all get red card because that's the feature of a hungry lion.

bigpicture001:
Every continent have a play off .. Wich after playing , the winner of the playoff come for the intercontinental play off... So if Wales and Japan fails to qualify, they will go through play off route

Says who? I doubt if you're conversant with the present rules. Go and do your research, no European teams is going to be involved in the intercontinental playoffs for the world cup. Go and verify my statements. For the Asian teams, yes they are involved but trust me, Japan will qualify directly. We will be left with Caledonia, Iraq and others.

bigpicture001:
Wakes and Japan are in trouble of qualifying, probably will take the Nigerian route if they fail to qualify..

Japan is 19 on FIFA ranking and Wales is 34

None of these teams will be in the playoff because Japan will qualify and wales is an European team, they have their own playoff.

No one , not even Mr Ned nwoko , your husband uttered anything about sex tape, that shows maturity from his own side. But you said it yourself, that shows how immature you're. In all, I pray for quick reconciliation between you two for the sake of the innocent children that the two of you brought to this world.

Kushites:
Trump is a 34-count convicted criminal.

The Nigerian President did not lobby him.

It was Trump's aide that begged to be allowed into Tinubu’s presence in Rome.

Be careful of your statements when it comes to the present POTUS...shalom.

Diamond098454:
what? I didn't read it , wow....... He tried oooo he shouldn't worry with time everything will be okay

He really did...not all men can withstand it including me. I hope the lady won't regret this action of hers.

Diamond098454:
But you have been sleeping with her throughout your courtship a month of no sex won't kill you

They were celibate before marriage.

Sonnobax15:

Jokes apart,Israel really dealt with Palestinians, like say na animals Dem dey deal with . No human feelings attached at all . Una sure say na this the same Israel wey God creat for Bible abi na artificial one be this?

it can never be the same Israel.

It depends on the staff salary but notwithstanding, it is impossible for someone to be collecting N8,500 as take home at this time and age.

LagosOrigin:
Dis one still dey sing?

I doubt

Kese kese .....

givedemwotowoto:
If it were in the 90s in Chicago, the headline would've been something like: Chicago PD bursts heroin trafficking ring, kingpin forfeits $460,000

Be careful of your statement online especially if you intend traveling to USA. I learnt they monitor people socials. Shalom.

In a working Country, its not a Punishment but in Nigeria, it is beyond punishment, more like a nightmare.

Gosh.....i feel like blocking you right now because you are still not remorseful about what you did. That you sister is one in a Million being. I wish to have someone like her as a friend or Sister from another Mother. What a sweet soul. But as for you, You are ungrateful being.

Wahabfuture:
What about those Israelis killed by their terrorists, are they not human beings?

I openly condemn Hamas for the terrorist attack on innocent souls in October 7th. But Israel has been killing and taking Palestinians as hostage before October 7th. Take for example, someone starts abusing and harassing you in your own space for several years, there will be a time that you will fight back. Now, compared 1,200 Israeli killed and that of more than 70,000 Palestinians including innocent women and children. Even journalist, health care workers are not spared in this unnecessary killings.

ajalawole:
tropical arsenal fans. That is how you people will say you all win the league at the start of season, but by may you people will end up in 2nd or 3rd as usually.

It's typical not tropical.

Botragelad:
This is both ridiculous and disgusting. Israel decides what happens, and if these countries are so determined to recognize a made-up place, there’s plenty of land in Europe or even parts of North America where they can set up a “Palestine.”

No rational person should ever reward terrorists with a state. If that’s the standard, then anyone could just invade a country, slaughter thousands, cry “genocide,” and expect to be given a state in return. By that logic, should we start rewarding Boko Haram, ISIS, and every other terror group just because they claim to be fighting for some ideology?

At the end of the day, this so-called recognition is meaningless. The dismantling will continue, and Israel will do whatever it takes to protect the people of Yisrael.

I doubt if you have any sympathy for human especially innocent children dying day by day in Gaza.

Goo0dHardDick:
Adeboye has used that church to cash out massively.

Same with the other businesses men running the scam empires

May God forgive you with your words.