I DID NOT DELETE IT 😭😭😭 FOR 3 MONTHS, I'VE LOST ACCESS TO MY CHANNEL & BEEN COMPLAINING TO TH-cam. I'VE BEEN DENIED LIKE 8 TIMES. I COULDN'T UPLOAD MY LECTURES SINCE FEBRUARY. I'M SO HEARTBROKEN & APOLOGIES FOR THE INCONVENIENCES
Does this mean all the videos are gone? I'm in severe pains 😭😭... Thank you for the amazing work you're doing 👍👍... I'm a beneficiary of your good work
@@odeleyedamilola5055 They are all gone but I'm re-uploading them currently. I have all the video files, About 250gig. They'll be showing soon. But all the subscribers & views are gone 💔
I'm so sorry about this and I believe in a really short time you'll gather the subscribers again... I'll do my part to introduce people to this channel as well... Also it's going to cost a lot to upload the videos again... I'm really sorry about this... I hope TH-cam fixes whatever problem they have so this doesn't occur again... ❤️❤️❤️❤️
Thanks Tolu, However, during the election, (THE ACTUAL YEAR BASIS) 1/1/2000-31/12/2000 where we had 2/12x750000. it should be 125000 not 9000. please check
Thank you so much much for taking your time on your explanations on this topic 🙏🏾 God will continue to bless you on all side . I have been struggling with how to get bases period and calculations of assessable income since my undergraduate days in school… I want to write Advance tax ICAN and have been thinking how I am going to survive with tax…. But you just took away the fears…. I am really grateful 🙏🏾
the question has year end 30/10/2001 the right to election is 1/1/2001-31/12/2001, there is still November and December profit for that same year missing....
your videos are very helpful, but in dis commencement rule for situation where closing of account date comes before the commencement date, on a normal 12 months calendar , why are they taxing the company again when the period had already been captured in the second year of assessment?
Thank you so much, I was able to get the whole idea just from this video. You had the answer to my problem in commencement ❤❤. Just that you seem to fast with your speech ❤❤❤❤❤❤
During the AYB, the second year, since we got the 10months profit already, why did you pro rate it again? I mean, period to 31/10/1999 is there already, the pro rata basis should come when we need the remaining 2 (in the next year) nau
Please take note of this Mistake, i know is an oversight (1) 2/12 *750000 = 125000 and not 91600 as you computed... (2) Commencement rule only deal with the second and third year but you included the first year of 470000... (3) so to this effect, the taxpayer should pick the normal basis of computation and not the actual year of computation(right of election)... I stand to be corrected
😂😂don't use maker pen with the bottom facing down. Allow the point face down will writing... You think your pen is frustrating while you are the one frustrating yourself 😂😂😂
Thanks ma'am I have a question ma. Please what year of Finance Act provides provisions of loss relief and basis period in the determination of tax payable.
This rule is no longer Applicable. The procedures you are using is subject to the act before finance act. Finance act 2020 has literally changed everything.. the rule has changed.
Please why did you delete your channel? 😭😭😭... I was watching a video yesterday and it's no more here 😭😭😭😭😭
I DID NOT DELETE IT 😭😭😭
FOR 3 MONTHS, I'VE LOST ACCESS TO MY CHANNEL & BEEN COMPLAINING TO TH-cam. I'VE BEEN DENIED LIKE 8 TIMES. I COULDN'T UPLOAD MY LECTURES SINCE FEBRUARY. I'M SO HEARTBROKEN & APOLOGIES FOR THE INCONVENIENCES
Does this mean all the videos are gone? I'm in severe pains 😭😭... Thank you for the amazing work you're doing 👍👍... I'm a beneficiary of your good work
@@odeleyedamilola5055 They are all gone but I'm re-uploading them currently. I have all the video files, About 250gig. They'll be showing soon. But all the subscribers & views are gone 💔
I'm so sorry about this and I believe in a really short time you'll gather the subscribers again... I'll do my part to introduce people to this channel as well... Also it's going to cost a lot to upload the videos again... I'm really sorry about this... I hope TH-cam fixes whatever problem they have so this doesn't occur again... ❤️❤️❤️❤️
Please can u asisst me on PM and FR
Good content, like for real. You understand and point out the nuances of the concepts, and that's just what I look for in a teacher before listening.
Finally!
I've been trying to understand this for a long time
Thanks a lot ma
God bless you real big 🙏
Thanks Tolu, However, during the election, (THE ACTUAL YEAR BASIS) 1/1/2000-31/12/2000 where we had 2/12x750000. it should be 125000 not 9000. please check
Yeahh I noticed
Exactly
I was even about to comment about this
The ass. Profit total is 1,855,000 not 1,840,000
So there was a mistake then 🙌🙌
You are making Tax to look so simple to me the way it used to be before while I was in the school.
At 34:40 (2/12)*750,000 is 125,000 not 91,600 as you said. The total for actual basis should be 1,855,000 instead. Thank you, I learnt well
I love the way you teach. Please keep it up. God bless
Thank you so much much for taking your time on your explanations on this topic 🙏🏾 God will continue to bless you on all side . I have been struggling with how to get bases period and calculations of assessable income since my undergraduate days in school… I want to write Advance tax ICAN and have been thinking how I am going to survive with tax…. But you just took away the fears…. I am really grateful 🙏🏾
Well explained but need ti improve on the marker situation as it looks unprofessional and makes u look unserious
Exactly 💯
I must confess
You made it look so simple
I really appreciate it
the question has year end 30/10/2001 the right to election is 1/1/2001-31/12/2001, there is still November and December profit for that same year missing....
Please i have a question i wanted you to help me out with
I don't know if i should drop it here
Superb ❤
Thanks dear, it's so helpful
your videos are very helpful, but in dis commencement rule for situation where closing of account date comes before the commencement date, on a normal 12 months calendar , why are they taxing the company again when the period had already been captured in the second year of assessment?
Hi, Tolu I really enjoyed your lecture
It's more explanatory buhh make more about getting right of election
Please do you do Public Sector Accounting? 🙏🙏.
Nice video but please make use of a visible marker
Well done ma. God bless you
Thank you so much, I was able to get the whole idea just from this video. You had the answer to my problem in commencement ❤❤.
Just that you seem to fast with your speech ❤❤❤❤❤❤
During the AYB, the second year, since we got the 10months profit already, why did you pro rate it again?
I mean, period to 31/10/1999 is there already, the pro rata basis should come when we need the remaining 2 (in the next year) nau
Thanks ma, i really understand ur teaching...
Thank you for the Video, it was Helpful 🙏🏻
I downloaded some of your videos months ago but I can't find them again 😭😣 and those videos are important to me 💔
I'm SO sorry 🙏 It's TH-cam
Please ma, after repeating the procedure for the second year in the third year is that all or you will still do the nest year again?
simple and easy to understand. but how can we have your note
Tolu weldone I am actually enjoying ur tutorials but pls try to make ur write clearer, get to good marker for clarity purpose. Thks
Thank you so much, this helped me alot❤
Your teaching is really good 👍,,,, but I'm still finding it difficult to understand please can you help
Nice teaching
Why do companies pay tax for last year in the present year under the preceding year basis?
Because they haven’t completed the current accounting period
They can’t pay for the profit they’re yet to make
Well-done job.
Pls am unable to view that if cessation period
You did justice to the topic thanks
Good evening ma.
As sing the adjusted income have a minus how can we solve it.
Thank you for making it look easy
What If the question started with 31/05/ 2010 how we going to do it and they said the business started march 1st 2009 please explain
Assuming is d repeated year how do will do it under AYB basic or it will b direct
Please ma
When repeating the basis period for any year are you to also repeat the assessable profit
So therefore the first is lower
Please take note of this Mistake, i know is an oversight
(1) 2/12 *750000 = 125000 and not 91600 as you computed...
(2) Commencement rule only deal with the second and third year but you included the first year of 470000...
(3) so to this effect, the taxpayer should pick the normal basis of computation and not the actual year of computation(right of election)...
I stand to be corrected
🙏🙏🙏🙏
Why not just change your marker
Thanks for the video 🥰
@Tolu Sule
Please teach on taxable income
Thank you ma🥰❣️
Awwww! Thanks alot❤.
Tolu, I thought every business has been compelled by law to peg their accounting or financial year end at 31st December. Please, is it true???
No
It has to be 12months compulsorily but it doesn’t have to be Jan 1 to Dec31
Though, most company use that because it’s easier to calculate
God bless you❤
You deleted your other channels ?😭😭
Assuming the adjusted income have a negative sign how can we solve it
So that’s a loss. Losses cannot be taxed👍
Well understood ma
Thank you so so much ❤❤❤
😂😂don't use maker pen with the bottom facing down. Allow the point face down will writing... You think your pen is frustrating while you are the one frustrating yourself 😂😂😂
Please ma can you help me explain what we mean by period to?
Period to means the accounting period is either more than or less than a 12 months
Thanks ma'am
I have a question ma.
Please what year of Finance Act provides provisions of loss relief and basis period in the determination of tax payable.
tHE LECTURE IS GOING WELL; BUT THE MARKER IS A DISTRACTION.
This rule is no longer Applicable. The procedures you are using is subject to the act before finance act. Finance act 2020 has literally changed everything.. the rule has changed.
It’s an old video. There’s an updated one
How do I get the new one
Pls how is it 5months
Pls I'm begging 🥺🥺🥺🥺
I really like your explanation ma❤pls ma can i chat u on WhatsApp fora question