Welcome to Admin Junkies, Guest — join our community!

Register or log in to explore all our content and services for free on Admin Junkies.

Did the new government policy on tax affect your business?

Obviously It will affect the business of those who are working in business but this is not bad as compared to the previous policy taxes should be paid everyone should follow the rule of the new government announcement which is really necessary for completing the requirement of the country before this no one was following the taxes paying work but now it is must to follow each and every one.
 
Advertisement Placeholder
This is complete nonsense,they killing the few businesses that are already struggling to survive and this policy will drive a way the ones that have the plan to come and invest.we have other ways to generate revenue not this increase in tax all the time.life is difficult and they are making it more difficult.
 
Yes the new government policy on stamp duty tax has been affecting my brothers business. It's not even funny as he just started the business some weeks ago. He has been charged ever since he opened up for business. I believe that the charges should not have been high as it is. But my guess is that the government is trying to generate revenue from the masses as crude oil price has drastically fallen down due to the global crisis in health. My suggestion is for the government to look into this so that it will not kill many rising ventures.
 
The new policy on tax the government impose on business really affect my business, in several ways because as of now I am unable to make the money at that same rate, and then there as been several issue concerning the price rte of product where some product prices has to be adjusted based on the increase in tax rate and increase i the purchase of the particular product based on high demand of that same product.
[automerge]1613395431[/automerge]
The new policy on tax the government impose on business really affect my business, in several ways because as of now I am unable to make the money at that same rate, and then there as been several issue concerning the price rte of product where some product prices has to be adjusted based on the increase in tax rate and increase i the purchase of the particular product based on high demand of that same product.
[automerge]1613395432[/automerge]
The new policy on tax the government impose on business really affect my business, in several ways because as of now I am unable to make the money at that same rate, and then there as been several issue concerning the price rte of product where some product prices has to be adjusted based on the increase in tax rate and increase i the purchase of the particular product based on high demand of that same product.
 
Yes government policy affect business either directly or indirectly, however as a businessman you must make sure that your business is been structured according to the government policies so that you will be favoured rather than be on the negative side.
 
As for me I don't have any tax to pay any government because they are not useful to our country and they not ready to improve and am not ready to pay also but as for does that are paying for tax I no it's not really going to be easy for them because my country tax is crazy and not easy to pay and after paying half of it is going into there pocket
 
Actually the new government policy on tax is definitely affected me and my business due to the maximum payment I render to the government,there are a lot of bills especially here in Nigeria,girls in urban area here in my business place is too much it is definitely affected my business.
 
As a business startup government are supposed to wave 12 months moratorium in other for the business to grow, but in some country payment of tax alone will even make the company to be out of business in a short term. The small business that I own in the country where I reside, payment of Tex is really affecting me.
 
Government policy on tax can make or break a business. There are some government policy that favor a business owner like 2 percent of whatever you make every month as payment of tax. in some country or region, the payment of tax varies depending on the type of business, for example a manufacturer will pay more tax then a wholesaler, same as the retailer
 
i can say yes, the new government policy is affecting many people business. this is because most people who are in offline business are now finding it diffult to run their business due to some laws during this pandemic.
 
Sure, the management of my organisation broke the news to me. And I was so disappointed, taking tax from salary that is not even enough for basic needs is something terrible. The government of Nigeria no longer care about her citizens. All they care about how they can push th citizens into want and scarcity. They will fail
 
This policy will definately affect business enterprise with lots of employees,The government is always increasing tax which can be very annoying and it is very hard for small companies.. that rules changes the social behavior in the business environment.
 
Paying of obligations is certainly not an unreasonable thought at this point extended costs can be especially abusive for business visionaries and the public authority should not be eager to execute unforgiving systems because the economy was staggeringly affected conflictingly by the pandemic and business are just recovering step by step.
 
Government policies when they speak and touch the area related to taxes, they generally charge the entrepreneurs. I do not belong to your country, but from the description you leave in the thread, if they must affect each company a lot, since it is about paying more taxes than they had planned
 
Government always look for new ways to generate taxes and with these there new policies on private businesses paying taxes on each employees head is more income for the government. The business am into doesn't require an employee,so am not affected but i know lots of businesses will be.
 
The government recently released another memorandum that all private firms should pay tax for each staff that works for each firm. Just when you think you're safe, the government brings up new methods.

has this policy in any way affected you or your business?
I don't think so! because the business or companies pay taxes based on there revenues, so the tax on each staff will be insignificant compare to that of there revenues.
But in some cases it affect the business which crippled some
 
It doesn't affect my business because the government has the method of receiving there taxes from the citizens. In addition to pat the salaries of the government workers,your tax also help to support resources such as police and firefighters.
 
Government policy is really affecting small scale industry.
Definitely the new government policy is really affecting my business at the moment. For now we've been instructed to start paying some monthly rent tax on the shop we are using for out goods and services in the neighborhood and this has not been easy at all
 
Definitely the new government policy is really affecting my business at the moment. For now we've been instructed to start paying some monthly rent tax on the shop we are using for out goods and services in the neighborhood and this has not been easy at all
Yes the new government policy effect the buisness matters badly.The government has increased the tax on the buisness.Change the security policy and rent taxes are also increased.Their verification policy is veivery strictly
 

Log in or register to unlock full forum benefits!

Log in or register to unlock full forum benefits!

Register

Register on Admin Junkies completely free.

Register now
Log in

If you have an account, please log in

Log in

Would You Rather #9

  • Start a forum in a popular but highly competitive niche

    Votes: 9 27.3%
  • Initiate a forum within a limited-known niche with zero competition

    Votes: 24 72.7%
Win this space by entering the Website of The Month Contest

Theme editor

Theme customizations

Graphic Backgrounds

Granite Backgrounds