Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,217,696 members, 8,035,147 topics. Date: Monday, 23 December 2024 at 03:27 AM

Proposed 5% VAT On Online Purchases: Nigerians React - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Proposed 5% VAT On Online Purchases: Nigerians React (25682 Views)

FG Implements 7.5% VAT On Diesel, Nigerians Kick / Nigerian Customs To Start Charging VAT On Diesel Imports / Senate Okays 7.5% VAT And 6 Other Tax Hikes (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply) (Go Down)

Re: Proposed 5% VAT On Online Purchases: Nigerians React by FarahAideed: 12:44pm On Aug 06, 2019
koboko69:


And so what?

You think Nigeria is your agbero bus stop or Lagos market where u steal daily from merchants and they keep quiet ..

6 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by Nemesis909: 12:46pm On Aug 06, 2019
FarahAideed:


You don't even know what VAT is so shut up . Go and get some education first before talking .. There is no single product in Nigeria that doesn't already have VAT built into it's pricing .. Go and do Business and learn how VAT works in Nigeria and stop disgracing yourself here

Shut up.

You are truly unlearned and honestly, I'm this close to calling you a dummy.

You can be making all these arguments at your shepe joint but online you would be exposed for trying to act daft.

20% VAT paid in the UK and you can make any argument you want but 5% VAT in Nigeria isn't too much.

1 Like

Re: Proposed 5% VAT On Online Purchases: Nigerians React by CodeTemplar: 12:46pm On Aug 06, 2019
theenchanter:
Lol, nigerians want testimony without test.

They want good tidings but don't wanna bring anything to d table.
I disagree. Why tax people you have been taxing before? Let Fulani's that are in the informal sector begin to pay tax and watch money flow.

6 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by Joystark(f): 12:49pm On Aug 06, 2019
Assuming these 'monies' get put into good use, I'm sure people won't object like this...

2 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by Nemesis909: 12:50pm On Aug 06, 2019
CodeTemplar:
I disagree. Why tax people you have been taxing before? Let Fulani's that are in the informal sector begin to pay tax and watch money flow.

I'm assuming you extend this argument to the yam and tomato farmers ?
Re: Proposed 5% VAT On Online Purchases: Nigerians React by theenchanter: 12:50pm On Aug 06, 2019
FarahAideed:


You are not a good thinker .. Do you realise the money inside personal bank accounts have already been taxed ?
taxed by who? U're only paying service charge to banks.

U're not a good thinker.
Re: Proposed 5% VAT On Online Purchases: Nigerians React by slowice(m): 12:50pm On Aug 06, 2019
To think that they will still misuse and loot this vat is what worries me most...... At the end of the day, we are just dashing them our hard earned money

5 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by FarahAideed: 12:51pm On Aug 06, 2019
Nemesis909:


Shut up.

You are truly unlearned and honestly, I'm this close to calling you a dummy.

You can be making all these arguments at your shepe joint but online you would be exposed for trying to act daft.

20% VAT paid in the UK and you can make any argument you want but 5% VAT in Nigeria isn't too much.

Who told you this is the same as VAT ? You buharists are just as dull as Buhari ? You think the FIRS is stupid to call it ' online levy' which is totally different from VAT .

12 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by tegrianonigltd(m): 12:51pm On Aug 06, 2019
koboko69:
People want development and keep making noise about how foriegn countries here but are not ready for what the foriegn countries do. Here in the US they task everything u buy, cash, online, debit machines anything. This is just an example of me trying to buy a tv worth over $1000. The tax is about $68 added to the original price of the tv which is 6% of the original cost.


America do tax return Do Nigeria do ? Even in Dubai when leaving the country, once you hold all your receipts they give you the tax, so Bleep you, you daft like buhari

12 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by crackhouse(m): 12:51pm On Aug 06, 2019
So for instance if I buy something from Aliexpress and pay 5% vat, I will pay for shipment to Nigeria again now how much will i spend to get the goods? That's a whole lot money mehn.

1 Like

Re: Proposed 5% VAT On Online Purchases: Nigerians React by tegrianonigltd(m): 12:52pm On Aug 06, 2019
koboko69:
People want development and keep making noise about how foriegn countries here but are not ready for what the foriegn countries do. Here in the US they task everything u buy, cash, online, debit machines anything. This is just an example of me trying to buy a tv worth over $1000. The tax is about $68 added to the original price of the tv which is 6% of the original cost.


America do tax return Do Nigeria do ? Even in Dubai when leaving the country, once you hold all your receipts they give you the tax, so Bleep you, you daft like buhari, airlines collect vat , book an airline and see..

4 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by Nemesis909: 12:52pm On Aug 06, 2019
FarahAideed:


Who told you this is the same as VAT ? You buharists are just as dull as Buhari ? You think the FIRS is stupid to call it ' online levy' which is totally different from VAT .

It is called VAT on online purchases.

Look for another excuse.
Re: Proposed 5% VAT On Online Purchases: Nigerians React by biz9ja(m): 12:52pm On Aug 06, 2019
5% VAT on online purchases is a backward thinking by an acclaimed progressive government of
@OfficialAPCNg
.The Tech space is creating opportunities you people can't, now you want to frustrate it by imposing a policy not yet matured for the young growing sector is madness. Eka!

6 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by olanrewaju99(m): 12:53pm On Aug 06, 2019
koboko69:
People want development and keep making noise about how foriegn countries here but are not ready for what the foriegn countries do. Here in the US they task everything u buy, cash, online, debit machines anything. This is just an example of me trying to buy a tv worth over $1000. The tax is about $68 added to the original price of the tv which is 6% of the original cost.
their tax over there is justified unlike here where corruption is running in blood of our politicians and most of we supporters.

5 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by theenchanter: 12:54pm On Aug 06, 2019
biz9ja:
5% VAT on online purchases is a backward thinking by an acclaimed progressive government of
@OfficialAPCNg
.The Tech space is creating opportunities you people can't, now you want to frustrate it by imposing a policy not yet matured for the young growing sector is madness. Eka!
5% VAT can't kill d tech space....
Re: Proposed 5% VAT On Online Purchases: Nigerians React by CodeTemplar: 12:55pm On Aug 06, 2019
Nemesis909:


I'm assuming you extend this argument to the yam and tomato farmers ?
yes.
Re: Proposed 5% VAT On Online Purchases: Nigerians React by koboko69: 12:56pm On Aug 06, 2019
FarahAideed:


You think Nigeria is your agbero bus stop or Lagos market where u steal daily from merchants and they keep quiet ..

I should have looked at ur moniker b4 quoting u. Everlasting wailer obsessed with Tinubu success, never making sensible or meaningful contribution except extremely childish rhetoric. Even if u buy a thing worth just $3 here in the US, expect to pay 6% extra as tax. You want development but u are not ready for modalities that will bring development. Tmr u compare Nigeria to the US.
I made over $5k last month with over time, over $1k was taken out as Tax, that does not mean if i purchase anything online or in the stores i wont be tax, i will still be taxed. Attached is a pic of me trying to buy a tv from Amazon. See how tax is being added

2 Likes 2 Shares

Re: Proposed 5% VAT On Online Purchases: Nigerians React by FarahAideed: 12:57pm On Aug 06, 2019
Nemesis909:


It is called VAT on online purchases.

Look for another excuse.

Well you are the one who can't even afford anything because you are not smart enough to ever be comfortable in this life ..keep fooling yourself but be rest assured we will get all of you one day and lock you for life

4 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by Nobody: 12:57pm On Aug 06, 2019
I wonder what Yoruba's would have said if it were under PDP government
Re: Proposed 5% VAT On Online Purchases: Nigerians React by Nemesis909: 12:58pm On Aug 06, 2019
FarahAideed:


Well you are the one who can't even afford anything because you are not smart enough to ever be comfortable in this life ..keep fooling yourself but be rest assured we will get all of you one day and lock you for life

I know for sure I make more than you do.

1 Like

Re: Proposed 5% VAT On Online Purchases: Nigerians React by Staro: 12:58pm On Aug 06, 2019
Criminals in Aso Rock
Re: Proposed 5% VAT On Online Purchases: Nigerians React by koboko69: 12:58pm On Aug 06, 2019
tegrianonigltd:



America do tax return Do Nigeria do ? Even in Dubai when leaving the country, once you hold all your receipts they give you the tax, so Bleep you, you daft like buhari, airlines collect vat , book an airline and see..

Tax return for what u bought online? If you ate taxed the way Americans are taxed....u will be crying like u doing now. Maybe if u understand the tax returns, u wont be blabbing here. You know people still owe IRS after the so called tax returns or u think its everyone that gets returns?

4 Likes 1 Share

Re: Proposed 5% VAT On Online Purchases: Nigerians React by FarahAideed: 12:59pm On Aug 06, 2019
koboko69:


I should have looked at ur moniker b4 quoting u. Everlasting wailer obsessed with Tinubu success, never making sensible or meaningful contribution except extremely childish rhetoric. Even if u buy a thing worth just $3 here in the US, expect to pay 6% extra as tax. You want development but u are not ready for modalities that will bring development. Tmr u compare Nigeria to the US.
I made over $5k last month with over time, over $1k was taken out as Tax, that does not mean if i purchase anything online or in the stores i wont be tax, i will still be taxed. Attached is a pic of me trying to buy a tv from Amazon. See how tax is being added

Show us the development Tinubu has used the trillions of tax he has collected in Lagos if not to enrich himself ..till date Lagos has no roads , no pipe borne water and 80 percent of the inhabitants don't even have toilets ... Keep fooling yourself

8 Likes

Re: Proposed 5% VAT On Online Purchases: Nigerians React by koboko69: 12:59pm On Aug 06, 2019
olanrewaju99:
their tax over there is justified unlike here where corruption is running in blood of our politicians and most of we supporters.

For something that have not even been implemented ?
Re: Proposed 5% VAT On Online Purchases: Nigerians React by nelklyn(m): 1:00pm On Aug 06, 2019
Abdulazeez99:


Executive Chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, said the government might appoint banks as agents to deduct five per cent VAT on all local online purchases with a bank card.


There's always a work around...online stores should just include BTC as a means of payment. We can then make national bank transfers to BTC sellers on localbitcoin, who in turn will send to our wallet address. tongue

1 Like

Re: Proposed 5% VAT On Online Purchases: Nigerians React by koboko69: 1:00pm On Aug 06, 2019
FarahAideed:


Show us the development Tinubu has used the trillions of tax he has collected in Lagos if not to enrich himself ..till date Lagos has no roads , no pipe borne water and 80 percent of the inhabitants don't even have toilets ... Keep fooling yourself

What state cab u compare with Lagos.
Go play for sand abeg!

3 Likes 1 Share

Re: Proposed 5% VAT On Online Purchases: Nigerians React by four4: 1:01pm On Aug 06, 2019
theenchanter:
Lol, nigerians want testimony without test.

They want good tidings but don't wanna bring anything to d table.
what have you benefited from the small one they had removed
Re: Proposed 5% VAT On Online Purchases: Nigerians React by FarahAideed: 1:03pm On Aug 06, 2019
Nemesis909:


I know for sure I make more than you do.

I swear to God almighty you can never make money more than me in this life ..I am not boasting just stating plain facts .. By the time I finish this particular reply I am very sure I would have earned over 20k naira already from just one set up I have .You think I am your mate in anything on Earth here ko?

1 Like

Re: Proposed 5% VAT On Online Purchases: Nigerians React by Nemesis909: 1:03pm On Aug 06, 2019
FarahAideed:


I swear to God almighty you can never make money more than me in this life ..I am not boasting just stating plain facts .. By the time I finish this particular reply I am very sure I would have earned over 20k naira already from just one set up I have .You think I am your mate in anything on Earth here ko?

Only 20k?


Hahaha.

Have you finished your jingle you were recording for the home video?
Re: Proposed 5% VAT On Online Purchases: Nigerians React by seunmsg(m): 1:04pm On Aug 06, 2019
Jobac:

Sir, how can it be monitored? Would the foreign firms declare their income to the FG or to who? I am skeptical of how FG can accurately tax them. These foreign companies are making a lot of money here.

There is a way the EU countries are taxing the income of these big social media platforms. All we need to do is copy from them and then apply to our country.

2 Likes 2 Shares

(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply)

Akeredolu’s Order: Ondo Tackles Presidency, As Villa Defends Herdsmen / Fashola Visits Ladipo Market (Pictures) / Mega-City: Lagos Ranked Alongside NewYork & Beijing (photo)

(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. 61
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.