{"id":389258,"date":"2026-01-03T15:51:10","date_gmt":"2026-01-03T15:51:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/389258\/"},"modified":"2026-01-03T15:51:10","modified_gmt":"2026-01-03T15:51:10","slug":"tax-law-man-cries-out-as-market-woman-warns-him-to-use-gift-narration-to-avoid-deductions","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/389258\/","title":{"rendered":"Tax Law: Man Cries Out as Market Woman Warns Him to Use \u2018Gift\u2019 Narration to Avoid Deductions"},"content":{"rendered":"

A young Nigerian man went to the market as the new tax kicks in and shared the experience he had with a woman at the marketThe man said he laughed because of what the woman said to him as he was about to send a small amount to her bank accountHe shared the story online, mentioning her exact words, and several individuals who came across his post shared their thoughts<\/p>\n

A young man cried out online as the new tax law took effect at the beginning of 2026, following the federal government\u2019s earlier announcement of the law\u2019s commencement date.<\/p>\n

Before now, the Nigerian government had announced that the new tax law would take effect<\/a> on January 1, 2026.<\/p>\n

\"ManMan cries out online as tax law begins in 2026. Left photo for illustration purposes only. Photo Credit: Getty Images\/ROGER YEBUAH, Twitter\/Adebayo_017
Source: Getty ImagesMan laughs as tax law sparks confusion<\/p>\n

As the year began, the law became effective, and since then, many Nigerians have been sharing their experiences with the new tax system.<\/p>\n

<\/a><\/p>\n

Read also<\/p>\n

Tax law: Man who made his first transaction in 2026 shares what happened when he sent N20k<\/p>\n

<\/a><\/p>\n

A young man, @Adebayo_017<\/a>, took to his page on January 1, 2026, to explain his experience at the market when he was about to send a certain amount of money<\/a> to a market woman.<\/p>\n

He mentioned that the woman asked him to use a narration in the transaction description to avoid deductions from the tax authority.<\/p>\n

His statement:<\/p>\n

“I been go market today …. I wan transfer give this market woman …. she say make I put ‘gift’ for the description ooo.”<\/p>\n

While the woman\u2019s statement<\/a> made him laugh, he questioned whether the tax authority would deduct money from a transfer<\/a> as low as N2,000.<\/p>\n

\"ManMan laughs as tax law sparks confusion over \u20a62,000 transfer. Photo Source: Twitter\/Adebayo_017
Source: Twitter<\/p>\n

He continued:<\/p>\n

“Laugh wan kill me I no fit just laugh. them go comot tax for the 2k wey I wan send? I don dieee oooo.”Reactions as man shares experience <\/p>\n

@lexcyscott2 noted:<\/p>\n

“Putting gift doesn’t mean they wouldn’t take the tax you fraud.”<\/a><\/p>\n

Read also<\/p>\n

“They won’t see it coming”: Nigerian man speaks about alleged tax deduction, people react<\/p>\n

<\/a><\/p>\n

@heisMartinsutd shared:<\/p>\n

“Better out gift o.”<\/p>\n

@dekreationz said:<\/p>\n

“E go still add nah.”<\/p>\n

@uzi_is_him noted:<\/p>\n

“Them don tell me this thing like 3 times.”<\/p>\n

TOP BOY COMRADE \ud83e\udef5\ud83c\udffe \ud83c\udfc0<\/p>\n

@Big_Strategic said:<\/p>\n

“I went to buy akara this morning. The old lady asked if I wrote akara when sending. It took me a few seconds to understand. I told her, Mama, that one is for people earning millions monthly. Don\u2019t be scared.”<\/p>\n

Liberty Oseni, PhD<\/p>\n

@OseniDevTalks noted:<\/p>\n

“If You Believe Transaction Narration Stops Tax, You Might Also Believe Salt and Water Cure Ebola. Taxes are deducted based on the amount involved in a transaction, not the story you write in the narration. Banking systems are automated.”<\/p>\n

Read the post below:<\/p>\n

Amid confusion over the new tax system, here\u2019s a video of the chairman of tax reform, Mr. Taiwo Oyedele, explaining everything about it and what it truly means.<\/p>\n

In a similar story, Legit.ng reported that a Nigerian worker has publicly expressed displeasure over the amount deducted from his salary as tax<\/a>.The man said he discovered the deduction after checking his November 2025 payslip sent to him via email.<\/p>\n

<\/a><\/p>\n

Read also<\/p>\n

Man who moved to UK despite living in duplex and having car hints at return to Nigeria, shares why<\/p>\n

<\/a>Nigerian man speaks on new tax law<\/p>\n

Meanwhile, Legit.ng recently reported that a Nigerian man has shared his experience after making his first financial transaction in 2026, amid growing concerns over the newly implemented tax laws<\/a>.<\/p>\n

The man revealed that he sent N20,000 on January 1, 2026, and experienced no tax deduction, contrary to widespread claims circulating online.<\/p>\n

Source: Legit.ng<\/p>\n","protected":false},"excerpt":{"rendered":"A young Nigerian man went to the market as the new tax kicks in and shared the experience…\n","protected":false},"author":2,"featured_media":389259,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-389258","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/389258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=389258"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/389258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/389259"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=389258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=389258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=389258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}