Kalu, this sounds like a defense of Tinubu tax reform, I will not lie to you.
What do you mean if your uncle sends N100,000, you pay no tax because itโs below N800,000? You worded it as if govt treats every income separately, why did you omit that the 800k threshold is annually, meaning that if your uncleโs allowance is monthly (and your allowance is taxable), thatโs 1.2M in a yearโwhich makes you eligible to tax??
Why are you misinforming people that if their business makes profit of 1,900,000 they wonโt pay tax when in fact the law states itโs about turnover and turnover is not profit??? Why??
And by the way, which business makes only 1,900,000 profit in year?? Do you not realize that the Naira value is next to nothing now and that even the Akara seller in the street can turnover millions in a year without even realizing it??
Why are you also pretending not to be aware that โnobodyโ actually makes income of 800k or less in Nigeria now as 800k is obviously nothing (as a matter of weak Naira)? Have you checked peopleโs OPAY to see their monthly income and expenditure??
Finally you declared in conclusion that tax is not a twitter discussion, a subtle way of telling them to disregard those shedding light (speaking against it) on twitter, but here you are ironically discussing it on twitter.
I am aware that the government of the day has been advised to offer more public education on the tax reform as people are thought to be misunderstanding it (which actually translates to paying influencers to lie and deceive the public).
Kalu, have been paid to do this??
I donโt trust you Kalu. You people can actually do anything. Una no get conscience.
@FinPlanKaluAja1 A lot of unemployed still get 800k pass through their acct yearly..
What's my benefits after all the tax?
Insecurity
Insecurity
Inflation
No subsidy
Politician children touring around the world with the tax revenue..
Shey?
Elon Musk ๐๐ฝ๐๐ฝ๐๐ฝ, $1,330 ( 2 Million Naira ) . Iโm giving back 400K ( 10K to 40 People ๐๐ฝ. Drop your account for 10K each as a token of appreciation for all the love and support ๐. I truly appreciate you all โค๏ธโค๏ธโค๏ธ