Ifite-Ogwari Community TV

22/09/2025

Hello guys, please permit me to explain the new Tinubu tax reform bill passed into law and scheduled to begin January 1, 2026.

Personal income tax:

If you earn less than 800k through your account in a year, you are tax-free. Meaning you will not be allowed to pay tax.

But if you earn 800k to 3 million naira through your account in a year, you will pay 15% tax, which is 330k to the government.

If your earn 3 million naira to 12 million naira through your account in a year, the government will mandate you to pay 18% tax, meaning if you earn 12 million naira through your account, the government will collect 2 million naira as tax.

If you earn 12 million naira to 25 million naira through your bank account in a year, you will pay 21% tax, that means if you earn 25 million naira in your account from next year, you will be taxed 5 million naira to the government.

If you earn 25 million to 50 million through your account, you will be taxed 23%. If 50 million naira passes through your account, the government will collect 11 million naira as tax.

50 million above earnings is 25% tax, 12 million naira above as tax.

So fasten your seatbelt for 2026, it will be long, because whatever hardship the government put you through in the past will be little compared to what is coming.

Meanwhile, you will not be allowed to open a bank account from next year without a tax ID.

Also, I have a solution on how to reduce being taxed by the government if you earn less than 50 million annually.

All you have to do is register a business account by contacting a certified CAC agent to register a company for you and then use it to open a business bank account, because a business account with less than 50 million naira annual turnover will be tax-free, meaning you are not allowed to pay tax 😉

22/09/2025

We're known for our strong community spirit of "onye ayana nwanne ya, na ọ nụrụ ube nwanne agbana ọsọ".

20/09/2025

Umueru New Yam Festival 2025 done and dusted

20/09/2025

A must Read.
We often see “No Refund After Payment” notice in shops and business areas.

Such a statement is not only misleading, but also unlawful under consumer protection law. It creates the false impression that customers have no remedy once payment is made, which is legally incorrect.
The law is clear: where a product is defective, substandard, damaged, or not as described, a consumer is entitled to a refund, repair, or replacement. This is not an act of generosity by the seller, but a statutory right guaranteed to consumers.
By displaying “No Refund After Payment,” a business risks legal liability for deceptive trade practice and can face sanctions from the Federal Competition and Consumer Protection Commission (FCCPC) or relevant regulatory agencies.
Every trader, shop owner, or business operator should understand that consumer rights are enforceable rights, not favours or privileges.

09/09/2025

Be safe out there ụmụnne m

06/09/2025

Stop colos u no gree 🙄🙄🙄

31/08/2025

🤣🤣🤣

30/08/2025

Good development

The Anambra State Government has banned the practice of writing assignments inside textbooks, describing it as wasteful and unsustainable.

The ban was aimed at making textbooks reusable, especially for younger siblings of pupils who would need them

30/08/2025