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

in Hive Naija12 days ago

Welcome back everyone
It's a topic that would always spark endless discussion as people will always have varied perspective about it....

In all honesty, I'm not that so good
Well, I'm not so versed in economics butthe problem has always been, what will the government do with these task they keep on piling up on the already overburdened Nigerians

The government aren't interested in creating avenues for job employment, they aren't inclined on reducing the brain drain going on currently in all sectors of health but are only interested in adding taxes which they will benefit from.

What about the duration? The new task takes effect from January 2026 Which is a very short transitioning period for small scale businesses to adjust and prepare their mind ahead of what is coming which invariably will throw a lot of businesses out of function and they end up looking for alternatives to survival... Mind you, this might be a business that a whole family hopes on making ends meet from.

Help me understand exactly how this helps businesses at all because I don't see anyhow it's aiming at helping them make more profit rather it's aimed at taking the little they have.
It's a pity!

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I don't even know what to say about this task madness
I just hv to exercise patience and watch things unfold
Until then, I will know wether the task reform is for good or evil

It's okay
May God help us all

See this is exactly my thoughts, because seriously how does it help businesses? I don't see how.
This Nigeria sef ehn , God dey sha

Omo, na God hand we Dy my sister