FG To Remove Tax On Food Items, Rents, Others - Taiwo Oyedele

[@FidelisgonnaIdeh]

Mr chairman sir, I greet you greatly for the wonderful work you are doing sir , more especially balancing the gape between the riche and the common man, sir ,am concern on how you will be able to see to the money the drives pay to this boys on the Lagos road which makes the common man spending much in transportation I believe you will do something about it sir thank you

[@gddot]

We need this like yesterday...

[@omowunminwokoye3468]

Well said

[@awefrancisolawumi3406]

Seriously, i seem to like this new tax reform, especially the property tax ❤ Kudo to the intelligent mind behind this

[@gabrielolusesi381]

Good

[@frankiziren1147]

Why most micro businesses don't fully establish in the first five years of operation. It is taxes at all levels and the negative effects of inflation pulling them down The same government that licensed the to operate through the CAC kills them in the first five years with burden of levies, taxes and fees

[@vykterakynes]

My question is, VAT is remitted monthly not yearly. How will you tell the govt that your revenue at the end of the year won't be up to ₦25m and then not pay VAT and also not bother on charging VAT too.

[@kayoo99]

You still have to keep the record even if you don’t file it with the government

[@gabrielolusesi381]

Finance Act,2019 as amended by Finance Act,2020 stipulates that even where a corporate Tax payers turnover is N25m and below,such corporate Tax payer must file her Vat returns monthly to avert LRP

[@gabrielolusesi381]

Very good on tax refunds

[@gabrielolusesi381]

Sir,the TV moderator need to be educated on the effect of new tax bills when approved on the new CAMA 2020

[@sylvesteraina4756]

You did not let the guest land on property tax. Property tax is a major source of revenue for local government in the United States. All taxes from property tax goes directly into the local government account. This is used to fund free public education, fire service, 911 emergency service, local police department, and local road rehabilitation. What does this mean? Any local government that encourages investment and property rights will see more investment in commercial and residential property. This means those local government will be wealthier.

[@user-bt3iz7vi7q]

Nigeria current economic, social and general chaotic crisis are caused by Tinubu, period. First of all, when the forex jump from N680 per USD to N 1,600 per USD and climbing, all goods will go up because Nigeria is simply an importing economy, therefore Tinubu needs to bring the FX rate down by providing enough dollar into Nigeria market. Where are the dollar from exportation of oil, from exportation of Lithium and from gas? Tinubu should be accountable and explain yourself to hungry Nigerians. Shame on you!

[@gafarbashir8101]

Will Tinumbu print the dollar