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RE: Sam’s Hangout #86 - “NEW TAX RULE”

in Hive Naija29 days ago (edited)

The new Tax rule will only worsen the Economy. If this new Tax was to be imbibed completely, a lot of company will fold up, because so many co.pan or individuals would not want to remit 20% of their yearly income to a government rule for what gain. It hard to beleive that such a tax rule even exist, if the tax rule was to even exist why dont they just make it 10% or better 5%.

The country will really bleed because ri am sure this tax will not be used for the economy but to this leaders pocket.

I cant even Imagine working a full hard month and years and then 20% is deducted from my money, I will be really crazy at that moment.

Tax should shouldn't ed on people, it should be decided among company direct payment to worker, whereby it will be deducted like a contract stuff, for example if someone is to earn 300k monthly, the company can be paying 20k from their pocket and still pay the worker salary, there is a way they will do the contract with it, and within market place there can be a monthly supervision contribution. It should not be willing forced on people, if only people could Sue government for this kind of law existence.

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Like government now don dey collet pas God o. People Dey drag to pay God 10% sef now your president wants it all and will collect the rest through high commodity prices

😂 make January reach, make I con see one federal government debit stupid stuff, Yhem go know waten sup

20% is per annum oga not monthly. 20% of the salary will be divided into 12 months and deducted monthly

It was another news I heard then. Let's wait and see before then. 🙂

Check online, how to calculate tax rate for salary is there

I will Bipolar, Thanks for the Comment,

What do you think about this new Tax law ?