Someone earning 66,666 monthly will pay the tax. Earning 16,666 weekly. That is around $10 weekly with the present exchange rate of a dollar to naira.
Bros... I beg which exchange you dey use wey the exchange rate of USDT to Naira na 1666 make I start to use am. I don dey exchange usdt for 1550 and below over three months.
I mean 800,000 naira in a year means the person is collecting 66,666 and that also means the person is collecting 16,666 weekly which is $10 if it is converted to United States dollar with the present rate. I just want to let us know that the government are not doing the poor people good as some of them still fall under people that will still pay the tax. It is unfair.
Agreed we should not support tax boycotting.Yet when the government are doing the right things as it is in their responsibility to do, the citizens will not bother about boycotting paying tax. Is 25% tax for an #800,000 annual income not much for a government that are failing in their duties to provide you the basic vital structures?
Tax should not be evaded but 800,000
naira is still average earning for poor people. It would have been better if the annual income for people to pay the tax should be higher than that.