No be small matter, my people! Dem don finally talk am, say our tax wahala go reduce for ground, make we fit breathe small check.
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, don shine light on di matter for Abuja, as he yarn with artisans and traders wey gather for one town hall meeting. E clear say dem no wan make low-income earners and small businesses carry heavy tax load again.
Oyedele dey vex say for years, na di small people dey carry di whole tax burden like say dem be “big men.” He talk say, “Low-income earners don dey pay tax pass dem supposed to. Na time wey dem go rest.” Abeg, dem deserve break jare!
Under di new plans wey dem dey implement, about 90 percent of Nigerians go either no dey pay personal income tax or dem go see reduction for wetin dem dey pay before. E even talk say people wey dey earn minimum wage or less, go dey completely exempted from PAYE. Na correct sweet news be dat!
Abeg, make we hear am well: if your business no dey make more than ₦100 million in a year, you no go hear ‘tax’ again. No VAT, no withholding tax. Just dey do your business dey shine!
Dem don even remove one kind yeye law wey dey make people pay tax even when dem dey run at a loss. Oyedele yan say, “Na like saying person wey dey die make e donate blood.” Na true talk! Di new law go ginger businesses to register better, as dem dey see wahala of registering no be small, with almost 5,000 applications daily for di Corporate Affairs Commission.
This one no be only about tax wahala; di big men for di government don drop N200 billion to support di small businesses wey dey hustle, including free business registration for over 250,000 MSMEs. E don clear say dem serious to boost productivity.
As dem dey plan all this, e get one new Tax Ombudsman office wey go dey protect taxpayers from any wahala wey tax officers fit bring come. You no go anymore dey fear say dem go just dey dash you bills without explanation, dem dey ready to defend you.
Oyedele sef don promise say dem go deal with all those illegal taxes wey dey disturb people, as 11 states don already harmonize wetin dem dey collect. “No country fit recover dey tax poverty,” he stress.
To close di gist, make everybody know say dem dey consider everything well well, and dem also don put security for your bank accounts, as dem no fit just dey take money anyhow without proper procedure. Your rights dey intact; you fit contest any assessment wey you no gree with up to di Supreme Court.
Nigerians, make we rally wey this tax palaver go clear so we fit focus on how to grow our economy together as one strong family. Things dey change for better, hand up!
Do you have a news tip for NNN? Please email us at editor @ nnn.ng
