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Nairaland Forum / Nairaland / General / Religion / Churches, Mosques To Report Their Financial Transactions From January (12650 Views)
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Churches, Mosques To Report Their Financial Transactions From January by Slyr0x: 11:40am On Nov 26, 2012 |
The Financial Reporting Council (FRC) said it had designed an accounting system for churches, mosques and other not-for-profit organisations, adding that it will compel them to report their financial transactions periodically from January 2013. http://www.thisdaylive.com/articles/churches-mosques-to-render-account-from-january/131710/ 4 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by Nobody: 11:46am On Nov 26, 2012 |
Paving way for them to start paying taxes, isn't it? 1 Like |
Re: Churches, Mosques To Report Their Financial Transactions From January by ebixy(m): 11:48am On Nov 26, 2012 |
can't they falsify the accounts? |
Re: Churches, Mosques To Report Their Financial Transactions From January by Whobedatte(m): 11:48am On Nov 26, 2012 |
Good One, Let the church give what is meant for 'Ceasar unto Ceasar. 4 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by victorch: 11:48am On Nov 26, 2012 |
yeah,, veri gud,, so no more buyin of private jetz and buildin of xpensive mansion,,,every body wey de run to be pastor nowadaez go kul down[color=]yeah,, veri gud,, so no more buyin of private jetz and buildin of xpensive mansion,,,every body wey de run to be pastor nowadaez go kul down[/color]yeah,, veri gud,, so no more buyin of private jetz and buildin of xpensive mansion,,,every body wey de run to be pastor nowadaez go kul down 1 Like |
Re: Churches, Mosques To Report Their Financial Transactions From January by Abali1(m): 11:49am On Nov 26, 2012 |
why am I not surprised? |
Re: Churches, Mosques To Report Their Financial Transactions From January by alaoeri: 11:49am On Nov 26, 2012 |
Mosque got no financial transaction to report. 2 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by nairawall: 11:50am On Nov 26, 2012 |
Let's see how this goes! Our problem in Nigeria is not about coming up with good policies or laws but implementation of these said policies or law. Do we have the capacity to bring defaulters to book? 1 Like |
Re: Churches, Mosques To Report Their Financial Transactions From January by victorD3: 11:51am On Nov 26, 2012 |
PERFECT!! Tax them ASAP. 1 Like |
Re: Churches, Mosques To Report Their Financial Transactions From January by Dygeasy(m): 11:51am On Nov 26, 2012 |
Anti-private jet owning pastorpreneurs!!! Bad belle! Me likey tho. |
Re: Churches, Mosques To Report Their Financial Transactions From January by martyns303(m): 11:52am On Nov 26, 2012 |
Finally, now Nigerians can know how much churches make, and please tax them, heard Fashola is taxing churches in lagos, its a good source of revenue. Forget the non profit whatever, these guys are making mad money, enough to buy jets(am not against them buying jets) so they should be taxed. Don't they use govt. Roads and other infrastructures provided by govt.? Govt. Cannot tax my father to build roads while pastors use theirs to buy jets. Tax them! 7 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by Nobody: 11:52am On Nov 26, 2012 |
Do churches/mosques in other countries pay Tax? if they do,well Nigeria shouldnt be an exception.if they dont,Federal Government should look elsewhere to generate revenue. |
Re: Churches, Mosques To Report Their Financial Transactions From January by brownbriggs(m): 11:52am On Nov 26, 2012 |
Yes, am in support of the FRC plan, but it should be properly guided and coordinated so as to avoid corruption. |
Re: Churches, Mosques To Report Their Financial Transactions From January by locust01(m): 11:54am On Nov 26, 2012 |
Due 2 influx of private jet users. |
Re: Churches, Mosques To Report Their Financial Transactions From January by stagger: 11:55am On Nov 26, 2012 |
Winners has got nothing to hide. We have too much money because our God is not a poor God. 4 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by salafiyy: 11:57am On Nov 26, 2012 |
TOPIC MODIFIED: CHURCHES TO REPORT THEIR FINANCIAL TRANSACTIONS...CHURCHES ARE MORE OF BUSINESS VENTURE AND PROFIT ORIENTED...YOU CAN SEE THEIR PASTORS BEING MATERIALISTICS 4 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by Whobedatte(m): 11:58am On Nov 26, 2012 |
berem: Do churches/mosques in other countries pay Tax? if they do,well Nigeria shouldnt be an exception.if they dont,Federal Government should look elsewhere to generate revenue.YES they do, Digest the post, Even Ashimolowo's KICC pay heavy tax while in the UK, thats Y he has to change location to 9ja, where anything goes. Its a welcome development!!! 1 Like |
Re: Churches, Mosques To Report Their Financial Transactions From January by Kx: 12:00pm On Nov 26, 2012 |
Most churches operates more like holding company. Will churches (e.g winners and redeem and others) be made to report aggregate revenue from university, printing press, bakery, nursery and secondary school revenues alongside tithe,offering, pledges,etc as church gross income especially since these "branches" were set up with initial capital outlay from the church? |
Re: Churches, Mosques To Report Their Financial Transactions From January by Nobody: 12:02pm On Nov 26, 2012 |
good move !!! 1 Like |
Re: Churches, Mosques To Report Their Financial Transactions From January by mrkels(m): 12:05pm On Nov 26, 2012 |
salafiyy: TOPIC MODIFIED: CHURCHES TO REPORT THEIR FINANCIAL TRANSACTIONS...CHURCHES ARE MORE OF BUSINESS VENTURE AND PROFIT ORIENTED...YOU CAN SEE THEIR PASTORS BEING MATERIALISTICS+10,000 likes Yes...I also notice they don't preach the good news. Most of their teachings and preachings revolve around witches and wizards, financial prosperity etc At the end of the day people are forced to come to church not because they actually have the urge to love and serve God but because they are afraid of witches/wizards/hell or also because they want financial freedom. When would gullibe nigerias open their eyes? 8 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by Leadn(m): 12:06pm On Nov 26, 2012 |
stagger: Winners has got nothing to hide. We have too much money because our God is not a poor God. Guilty conscience has started rolling in... They know themselves.. 4 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by pure123: 12:06pm On Nov 26, 2012 |
We grew up to know church as a place to worship GOD not a business center that everything now turn to..We will all account for all this on the last day... God will send his revival back to these churches and restore our first LOVE |
Re: Churches, Mosques To Report Their Financial Transactions From January by leenu11: 12:06pm On Nov 26, 2012 |
stagger: Winners has got nothing to hide. We have too much money because our God is not a poor God. Typical brain-washed pig! 12 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by Born2beRich1(m): 12:07pm On Nov 26, 2012 |
Gradually we are entering into the perilious time..Some people turning the house of the Lord to their business enterprise...Guys my only advise is for you to watch and pray....Am OUT |
Re: Churches, Mosques To Report Their Financial Transactions From January by Leadn(m): 12:08pm On Nov 26, 2012 |
leenu11: am telling you,,, I feel pity for them 4 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by Nobody: 12:11pm On Nov 26, 2012 |
Whobedatte: YES they do, Digest the post, Even Ashimolowo's KICC pay heavy tax while in the UK, thats Y he has to change location to 9ja, where anything goes. Its a welcome development!!!Good! very well then.they should tax the shiiit out of them.at least it would discourage some MOG's from acquiring private jets.this is really getting out of hand! 2 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by Chizua(m): 12:17pm On Nov 26, 2012 |
Slyr0x: Kindly note that "SAS"which is Nigerian GAAP has been abrogated, and has been been replaced with IFRS, and IFRS is yet to issue a standard on this; thus I don't know where this guy is coming from neither do I know where he is heading to. He should focus on corruption and leave God's business (church and mosque) alone. |
Re: Churches, Mosques To Report Their Financial Transactions From January by Angel778(f): 12:21pm On Nov 26, 2012 |
pure123: We grew up to know church as a place to worship GOD not a business center that everything now turn to..We will all account for all this on the last day... God will send his revival back to these churches and restore our first LOVEAMEN! 2 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by Standing5(m): 12:23pm On Nov 26, 2012 |
As long as the government does not pay any money to The Church or Any religious body, the church or any Other religious body is not suppose to pay a dime to The Government, except for general public infrastructure and services like Water, Light, and roads they enjoy from the government. 1 Like |
Re: Churches, Mosques To Report Their Financial Transactions From January by babseg(m): 12:23pm On Nov 26, 2012 |
Whobedatte: YES they do, Digest the post, Even Ashimolowo's KICC pay heavy tax while in the UK, thats Y he has to change location to 9ja, where anything goes. Its a welcome development!!! I dont know about Ashimolowo but churches in UK are regarded as charities and they dont pay tax. Even the UK government give them 28% of the amount they receive ie for every pound they get 28p. I am not in support of the churches buying jets but it is rubbish if they are taxed in Nigeria. 1 Like |
Re: Churches, Mosques To Report Their Financial Transactions From January by Nobody: 12:24pm On Nov 26, 2012 |
berem: Do churches/mosques in other countries pay Tax? if they do,well Nigeria shouldnt be an exception.if they dont,Federal Government should look elsewhere to generate revenue. Yes they pay taxes on all their profit making ventures e.g if you own a school and collect school fees that is a business and should be taxed. babseg: 2 Likes |
Re: Churches, Mosques To Report Their Financial Transactions From January by Coldfaya(m): 12:25pm On Nov 26, 2012 |
alaoeri: Mosque got no financial transaction to report. Lmao......nor kill me with laff abeg. |
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