Did the new government policy on tax affect your business?

[Heatman]

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?

Seriously, this is actually a very common thing that happens in the business sector in my country because our government has been too greedy that they over tax everything.

 

[Cyrus@21]

Well, for now my business is yet to be such that will be affected by that tax directly. So for this matter I do not have sufficient information to share here.

 

[Toyoabasi]

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 have heard about the policy.
It has affected the organization where I work, as taxes are now being deducted from our salaries.
The tax issue is not affecting my business.

 

[YERUS]

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 pay tax.
Most small businesses pay tax too, it is an obligation that every business pay tax whether directly or indirectly.
I have no staff for now, so i do not get to pay for any one else.

 

[Joseph212]

The government in my country are the most stupid government in this world cos they embezzle the tax of the people and do nothing

 

[Syldan]

The government policy of tax, has really do affected my business and alot of other people who have been complaining about the new change in tax payments. the economy is not favourable and the high tax is also imposed. we find it difficult to pay the government tax.

 

[Godspower]

I heard of something like that in the news and I think it is not a good idea to tax small and medium scale firms who are struggling to exist. The government has failed to provide a business enabling environment such as power and other infrastructures and this increases cost of running a business for the entrepreneur. Addition of the extra burden of tax will only make more businesses to fold up.

 

[Smiles20]

We were very shocked in my business area where we discovered that the government wanted to tax every particular aspect of your business and I pray that they will be able to review it soon.

 

[Adecyptii]

The new government policy concerning paying of tax is really affecting many business, they made every business individual to pay tax either monthly or yearly without bothering about your income.

 

[kinqzbitz]

Well it actually did at some point but then as time went on I adjusted together with my business to the new tax and so everything now went back to the way they were before

 

[Ghost1]

Absolutely not. I'm not operating a taxable sort of job, they can't even keep track of my earnings. However, increased tax would cause increased price of goods which would affect me

 

[Godspower]

Absolutely not. I'm not operating a taxable sort of job, they can't even keep track of my earnings. However, increased tax would cause increased price of goods which would affect me

I would like to know how increased tax can lead to the increase in the price of goods and services and I'd also like to know if tthere is a certain age where payment of taxes is required?

 

[Good-Person]

The government has been raising taxes and this has been causing a lots of problems for many people. I live in a country where the economy is being crushed badly by inflation and the country does not even export many things. So, new policies are definitely affecting businesses in a bad way.

 

[Ghost1]

I would like to know how increased tax can lead to the increase in the price of goods and services and I'd also like to know if tthere is a certain age where payment of taxes is required?

It's just a simple logic. If I'm selling a product at a given price and the government decides to increase my tax. Selling the product at the same rate would reduce my profit, don't you think?

 

[Skysaint]

Well, although I am not running any offline business but judging from the complaints made by those in the public market, the tax is really having a negative impact on their business. Most of them complain that some days they tend to use half of their daily earnings on paying tax

 

[Ononivami1]

Mostly, the government policies is directed to the business owners. It's either it affects you positively or negatively because these policies are made to make changes.

 

[Syldan]

Yes, I will always say that the new policy of the government this days on tax, has affected alot of business not only mine. this is because the regulations on tax is very high and the economic situation of the country is not favourable for the people to be able to meet up to the demand of the government on tax.

 

[eLdavis]

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

I can only imagine, this is like an unplanned expenses, how are you guys coping with the change though? Did you guys increase the price of your services?

 

[Toyoabasi]

Well, for now my business is yet to be such that will be affected by that tax directly. So for this matter I do not have sufficient information to share here.

Well, for now my business is yet to be such that will be affected by that tax directly. So for this matter I do not have sufficient information to share here.

I pay tax as a business owner.
Even the private firm I work deducts a percentage of my salary as tax. So, yes, the government's policy on tax has affected me.

 

[ganibade]

Government tax cannot affect my business. It is compulsory for everbody to pay tax. Payment of tax will help government to provide social amenities.