PAYE TAX Computation in TAXATION (Finance Act 2020)

[@champpapi170]

NHF is now 2.5% of BHT. It used to be 2.5% of just Basic. And it's no longer mandatory for private organisations. Well done Tolu!

[@sirainilawal]

Oh wow! Our relationship coach is also an accountant. Nice!

[@earn635daily]

"If you genuinely want something, don't wait for it---teach yourself to be impatient." ---Gurbaksh Chahal

[@akandemichael3382]

I do not understand how you got 360,000 (pension), 37,500 (NHF) please

[@oluwasijibomiayodelesamuel3446]

Please more light on this aspect. Thanks and God will bless you

[@promisetaiwooginni2940]

Thank you so much It’s impactful!

[@ikanetuk6168]

Good Job Tolu ....More grace

[@Aishashekoni]

Please how did you arrive at 360,000 we know housing is 1.5m what of basic salary and transportation

[@chikeziechinyere8043]

NHF is on Basic not Housing Allowance. Thanks for the video

[@InyomBernard]

Kindly help explain how she got 360k and 37.5k thanks

[@chikeziechinyere8043]

The information is not complete on this video. I guess the paper she was holding had the breakdown of the annual pay. She worked with the Basic, Housing and Transport allowance on the breakdown.

[@KelvinWilliams-dc7wo]

I noticed you said & calculated NHF as 2.5% of Housing allowance in this video, I guess it’s actually 2.5% of Basic salary not Housing. Thanks for the video ❤

[@muizudeen.oladimeji]

Of the monthly income, not just the basic salary.

[@chikeziechinyere8043]

Please it's on basic pay

[@rosemaryobegu5244]

What if the employees of a company's annual pay is less than 500,000 and without any pension,nhis,nhf etc how do we compute their paye tax for monthly & annual...cos am kind of confused there. Thank you

[@adesolababalola8837]

Pension is 18%. Employer contribute 10% while employee contribute 8%

[@EmmanuelOkwori-dt8yw]

That's right

[@akudomba9964]

I thought NHF is 2.5% of basic salary and not housing. Now the recent change is 2.5% of gross income

[@judithoboegbulem9085]

Why deducting the reliefs twice

[@sirainilawal]

Teacher Tolu, please if the company does private health insurance instead of NHIS for the staff, can they deduct that as the 5% for each staff?

[@georgiantheoryconcept330]

Thank you for this lecture. Please can do video on taxation of Partnership

[@oluwasijibomiayodelesamuel3446]

Well done madam. This a good job. But do we get 2.5milion for NHF. Please just little light on that aspect. Thanks

[@MaryannKasiemobi]

Thank you for this wonderful teaching I have a question concerning that pension and co It looks like it is been double deducted and why is it so? Please clear me on that

[@Luckyoyiza282-jm7rz]

Good job well done ma

[@leadtrafficproleadtrafficp310]

What of a situation where the organisation is not interested in PENCOM AND NHIS

[@LADYP-g2u]

Is it possible to use salary for the calculation

[@adebamowoadebayo]

Please what is the percentage for calculating salary from 30k to less than 300k

[@ahmedalabi1952]

How do non salary incomers pay their taxes?

[@joshuaoluikpe4360]

What happens if your 1% is above 200,000?

[@EmmanuelOkwori-dt8yw]

Use whichever one is higher

[@ilesanmifolarin6593]

Some aspects are still not clear to me

[@Trillionairelevel]

Your lightning is not good. Its fluctuating But i Understood the Tutorial Very Well, Nice Job👍

[@abigailojiabo7484]

Thank you

[@janewilson5195]

Good but wanted a calculation for less than 3000,000

[@techdevsolution]

Pension is N480k not N360k

[@abelsmith9680]

If simplicity was a video 😌😌😌✔️

[@Peggyg13]

Great job! Pls I don’t understand how you got N 360,000 on 8% for pension ? Pls explain how that N360k came about ! Thanks once again

[@sam-j4zy]

iam wondering too

[@chikeziechinyere8043]

The information is not complete on this video. I guess the paper she was holding had the breakdown of the annual pay. She worked with the Basic, Housing and Transport allowance on the breakdown.

[@ekemariagorettiorieji]

please, i sent an email to the address you provided. thanks

[@Gideonjoseph-z9o]

Wow iz enjoy your lectures ma'am But how can I get your watsapp number