I bought some company shares but don’t know how to register so my devidends can paid into my bank account.
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I recently heard that pension contributions can help reduce the amount of PAYE tax someone pays in Nigeria, but I don’t fully understand how that works. For example, if two employees earn the same salary, but one contributes more to pension, ...Read more
I’ve been hearing the term “taxable income” many times whenever people talk about PAYE tax in Nigeria, but I still don’t fully understand what it actually means. Is taxable income the same thing as salary, or is it the amount left ...Read more
I recently discovered that some deductions can legally reduce the amount of PAYE tax a salary earner pays in Nigeria, but I don’t fully understand how it works. For example, I’ve heard people mention things like: • Pension contributions • NHF ...Read more
I’ve always been confused about how employers calculate salary tax in Nigeria. For example, when someone receives a salary, different deductions usually appear such as: • PAYE tax • Pension • NHF • NHIS What I really want to understand is:Read more
I recently started working and noticed that my employer deducts PAYE tax from my salary every month before paying me. Honestly, I’m still confused about how this PAYE tax works in Nigeria and why it is compulsory for salary earners. I want ...Read more
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Let’s say I want to save 10,000 per month for two years and the interest for each month is 0.25%, how do I calculate to know my total interest for the two month.
Please kindly assist me, my name is Samuel I have been following you on Facebook. I did registration on Bamboo, I have begin the savings and investment but I am finding it difficult to put my account details
That’s exactly the question one of my followers asked me today: And honestly… this is one of the most important financial literacy questions any Nigerian can ask. Because many people are not losing money because investment is bad… They are ...Read more