Key Points
- Officials say the prize counts as taxable income. Fans track how much is removed at source.
- Online posts cite a 25% rate above ₦50m. They claim the tax applies before cash hits.
- Comments split on fairness and use of funds. Some urge write-offs while others dismiss the cheer.
Talk has moved to tax on Imisi’s prize win. Posts say she will pay ₦37m from ₦150m. They add the cash is cut before it lands.
This tax explainer on Imisi prize backs that view. The post spurs cheers from some government-leaning users. Others question the claim and ask for clear rules.
What the rule says
Many users cite a new band at earnings above ₦50m. They say a 25% rate applies and is withheld. Officials are yet to publish firm updates on that tier.
Public reaction and next steps
@enajerhoefeturhi calls it cool, and @havilahdivas101 says January. @iam_lucydeez alleges “asides” sharing and @_wabi.sabi896 asks about timing. @ol.uwafemi08 foresees a real test, while @kudiratullah_shittu urges write-offs.
Personal tax is paid to state revenue agencies by residents. Employers and payers often withhold tax before paying beneficiaries. Show organisers may apply this, pending official guidance on prizes.
Experts urge winners to plan, document costs, and seek advice. Lawful write-offs may apply for fees and work expenses. Rules depend on facts, so careful records remain very useful.
Some cheer a windfall for the state and push compliance. Others ask for proof that any new band exists. See Imisi prize presentation photos for broader context. The state service may confirm rates, bands, and collection steps. Any update could change sums due on the winner’s purse. We will track new notes from tax officials and organisers.
This report attributes claims to users and observed posts today. Figures reflect the sample claim and key public comments. We avoid legal advice and urge readers to seek professionals.
Non-cash gifts may face valuation for tax at assessment. Notes online say cars or gadgets can count as income. Final dues hinge on rules and any valid reliefs claimed.
Winners should confirm residency and file with the right authority. They should keep award letters, bank slips, and any invoices. A short plan now can prevent pain later at audits.
