Personal Income Tax Computation for Employees and Business Name (2026 Tax Update)

Full template here: https://youtu.be/9TrSv1utPCM 🎯 Personal Income Tax Computation for Employees and Business Names (2026 Tax Update – Nigeria) Did you know many employees and business owners in Nigeria are still assuming their taxes wrongly even after update in the new tax law? 😳 In this video, I break down everything you need to know about the latest Personal Income Tax computation for both salary earners and registered business names — using simple, practical examples. You’ll learn: ✅ How to compute PAYE (Pay-As-You-Earn) correctly in 2026 ✅ The new reliefs, rates, and thresholds every taxpayer should know ✅ How business names are taxed differently from individuals ✅ Common mistakes that lead to overpayment ✅ Smart compliance tips to stay on the right side of FIRS Whether you’re an employee, business owner, accountant, or tax consultant, this video will save you money, stress, and potential penalties. 💡 Knowledge is profit — ignorance is expensive. 👉🏽Watch till the end to see sample computations and practical scenarios you can apply immediately. After watching this video, you will be able to do following: How to create accounting General Journal in Excel? How to do bookkeeping in Microsoft Excel? How to create automated Ledger in Excel? How to create Trial Balance in MS Excel? What are financial statements in accounting? How to prepare financial statement in excel? How to prepare Income Statement in Excel? How to prepare Balance Sheet in Excel? What is the complete accounting cycle? Accounting Software in Excel How to create Table in Excel? What are advance features of Table in Excel? how to create customer and party ledger in excel? How to maintain Income and Expense with PROFIT & LOSS in Excel with accounting ? How to Create Debit and Credit Account Ledger in Microsoft Excel? How to create Day Book Report in Excel? How to post journal entries to general ledger accounts in Microsoft Excel? What are common accounting question in interview? How to use Pivot Slicer in excel? How to use advance formatting in excel? This Video is essential to watch for every person including students, officers and business person. Please subscribe to this channel for more: https://www.youtube.com/channel/UCIe8cgTx8GgD_12D0WTv1dw Chapters: 00:00 - Introduction 01:15 - Basics of Accounting 02:40 - Develop Chart of Account and General Journal in Excel 06:00 - Posting Transaction Double Entries in to General Journal in Excel 28:10 - Automate Accounting General Ledger in Excel 35:10 - Automate Trial Balance in Excel Accounting 37:33 - Prepare Income Statement in Excel Accounting 48:09 - Prepare Balance Sheet in Excel Accounting #ExcelAccounting #Incomestatement #balancesheet #AccountingSoftware #Ledger #Bookkeeping #TrailBalance #GeneralJournal #MSExcel #Excel #TrialBalance #Student #Job #Officer #Business #Hisab #Hindi #Urdu #MicrosoftExcel #PivotTable #Slicer #PivotSlicer #Table #Automate #Create #Ledgeraccounts #Tally #quickbooks #Oracle #SAP #accounting_in_excel #excel_accounting #bookkeeping #excel_for_accounting #ledger_in_excel #book_keeping_&_accountancy #accountant_work_in_office #accounting_excel #excel_accounting_tutorial #ledger_account #excel_accounting_software #journal_entries_accounting #how_to_make_ledger_in_excel #accounts_in_excel #book_keeping #ledger_accounts #excel_ledger #how_to_use_excel_for_accounting #bookkeeping_in_excel #accounting_software #trial_balance #ledger_entry#excel_for_accounting_and_finance #how_to_make_ledger_from_journal_entries #general_ledger #excel_data_entry_work #balance_sheet_accounting #bookkeeping_excel #day_book_accounting #balance_sheet #how_to_maintain_account_book #accounting_journal_entries #how_to_do_bookkeeping #general_ledger_and_trial_balance #ledger_book #accounts_work_in_office #excel_tutoring_accounting #excel_for_accountants #accounting_on_excel #how_to_make_ledger #tally_work_in_office #account_ledger_entry #free_accounting_software #excel_automation #balance_sheet_in_excel #cash_book_accounting #account_in_excel #Accounting