Business
August 26, 2020
Human Angle - Income Tax and You
Taxation is one of the most unpredictable subjects in governance both in developing and developed nations and while taxpayers may receive nothing identifiable in return for their contributions, they however have the benefit of living in a relatively educated, healthy and safe society.

Taxation is also part of the price to be paid for an organized society with reasons for: the provision of public goods, redistribution of income and wealth, promotion of social and economic welfare, economic stability , harmonization and regulation.

This edition of the Human Angle anchored by Taiwo Adeoti discusses an overview of Income Tax as it relates to individuals. It also focuses on the types, rates, collection process, those exempted from it, how and where to pay your Income Tax.

Watch Video Courtesy WebTVNG

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