Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,199,368 members, 7,971,344 topics. Date: Thursday, 10 October 2024 at 08:18 AM

Nhis/nsitf And Government Forced Multi Taxation - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Nhis/nsitf And Government Forced Multi Taxation (793 Views)

Requirements, Cost And Duration For The Processing Of Pencom, Itf And Nsitf Cert / Cross River House Of Assembly Bans 55 Taxation Agencies From The State / Cbn’s FOREX Restrictions And Government’s Obsession With Dollars (2) (3) (4)

(1) (Reply)

Nhis/nsitf And Government Forced Multi Taxation by Kaizeshoze12345: 10:05am On Jan 21, 2016
Good day everyone.
I am a business owner, and recent economic trends as everyone can testify have not favorable.
I run a healthcare service and i am made by the government or the authorities or their touts to pay huge sums of money unnecessarily.
Making one naira is difficult enough, i have to forcefully pay NSITF again when my staff have already been enrolled with the National health insurance scheme. I for once do not see the reason or sense behind nsitf.I believe NSITF should be made to join NHIS or be scrapped as both serve same purpose just like traffic wardens and road safety as well as v.i.o all serving one purpose of simply collecting money from citizens.
I make monthly contributions for about 20 of my staff for both pensions and NHIS and that is a huge sum for me when government is supposed to encourage private sector's efforts toward job creation. I am made to pay NSITF while in reality its just a multi taxation method used on we the private sector.
I find myself paying for
1. NHIS
2. NSITF
3. LOCAL GOVERNMENT
4. SIGN BOARD
5. HEALTH/SANITATION
6. MINISTRY OF HEALTH
7. TENAMENT
8. PENSIONS FOR STAFF
9. FEDERAL INLAND REVENUE SERVICE
If government would not look into the plight of people like us that are providers of employment to at least one person, then really government would soon make sure businesses fold up and the government would not have any source of revenue.
Let the government fund itself instead of collecting money from citizens and not even provide the much needed security.
An alternative way we as citizens would follow is make our staff contract staff just to elude this nonsensical and anti common sensical law which if we do not abide by they would even aim at prosecution.
This government na wa. Not that i am against paying for my staff or paying inland revenue, but i and many other Nigerians that are employers of labour are against paying multiple times just for the money to end up in wrong hands which would not do anything for us the citizens.
My nairaland family what are your opinions?
Re: Nhis/nsitf And Government Forced Multi Taxation by lcoral(f): 6:38pm On Jan 21, 2016
This is y most person are scared of starting their business and searching for white collar jobs will still continue. The government isn't helping issues at all. There is really not much one can do on this this complaints because the re all same and looking for who to extort.
Re: Nhis/nsitf And Government Forced Multi Taxation by MPVGoddess: 7:11pm On Jan 21, 2016
Kaizeshoze12345:
Good day everyone.
I am a business owner, and recent economic trends as everyone can testify have not favorable.
I run a healthcare service and i am made by the government or the authorities or their touts to pay huge sums of money unnecessarily.
Making one naira is difficult enough, i have to forcefully pay NSITF again when my staff have already been enrolled with the National health insurance scheme. I for once do not see the reason or sense behind nsitf.I believe NSITF should be made to join NHIS or be scrapped as both serve same purpose just like traffic wardens and road safety as well as v.i.o all serving one purpose of simply collecting money from citizens.
I make monthly contributions for about 20 of my staff for both pensions and NHIS and that is a huge sum for me when government is supposed to encourage private sector's efforts toward job creation. I am made to pay NSITF while in reality its just a multi taxation method used on we the private sector.
I find myself paying for
1. NHIS
2. NSITF
3. LOCAL GOVERNMENT
4. SIGN BOARD
5. HEALTH/SANITATION
6. MINISTRY OF HEALTH
7. TENAMENT
8. PENSIONS FOR STAFF
9. FEDERAL INLAND REVENUE SERVICE
If government would not look into the plight of people like us that are providers of employment to at least one person, then really government would soon make sure businesses fold up and the government would not have any source of revenue.
Let the government fund itself instead of collecting money from citizens and not even provide the much needed security.
An alternative way we as citizens would follow is make our staff contract staff just to elude this nonsensical and anti common sensical law which if we do not abide by they would even aim at prosecution.
This government na wa. Not that i am against paying for my staff or paying inland revenue, but i and many other Nigerians that are employers of labour are against paying multiple times just for the money to end up in wrong hands which would not do anything for us the citizens.
My nairaland family what are your opinions?

contract all staff, even the multinationals and the bank do so!

not your fault, its the system's fault

for all that they force you to do, comply at the minimum level

e.g., for pension payments, the minimum is 5 staff, so don't go any further, you get the brief.

Just be compliant and no more!

1 Like

(1) (Reply)

Business Plan / Buy / Sell Ecurrency Cheapest And Fastest Ever / Sell Your Neteller Funds To Me

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.