Thursday, May 21, 2009

HE LEARNED A LESSON IN MERCY



Jonah would have plenty of time to think. Before him lay a journey of more than 800 kilometers, an overland trek that would take him about a month, perhaps even longer. To begin, he had to choose between the shorter routes and the safer ones and then steadily make his way through valleys and over mountain passes beyond counting. He had to skirt the vast Syrian Desert, ford such rivers as the mangy Euphrates, and seeks shelter among foreigners in the towns and village of Syria, Mesopotamia, and Assyria. As the days passed, he thought about the destination that he so dreaded, the city that drew closer with each step he took – Nineveh.

One thing Jonah knew for certain: He could not turn around and run away from this assignment. He had tried that before. Go and deliver a message of judgment to this mighty Assyrian stronghold, Jonah promptly boarded a ship sailing in the opposite direction. Jonah soon saw that his rebellion was about to cost the lives of everyone on board. To save those brave mariners, he told them to throw him overboard. Reluctantly, they did, and Jonah thought his death was certain. However, Jehovah sent a huge fish to swallow Jonah and deliver him unharmed on the shore some three days later, an awed and more complaint man. *-Jonah, Chapter 1,2.

When Jehovah ordered Jonah to Nineveh the second time, the prophet obediently headed east on this long journey. (Jonah 3:1-3) However, had he allowed Jehovah’s discipline to work a thorough change in him? For instance, Jehovah had shown him mercy, saving him from drowning, holding back punishment for his rebellion, and giving him a second chance to carry out this assignment. After all of this, had Jonah learned to show mercy to others? Mercy is a lesson that is often difficult for imperfect humans to learn. Let us see what we can gather from Jonah’s struggle.

A MESSAGE OF JUDGMENT AND A SURPRISING RESPONSE
Jonah did not see Nineveh as Jehovah did. We read: “Now Nineveh herself proved to be a city great to God.” (Jonah 3:3) Three times, the record of Jonah quotes Jehovah as referring to “Nineveh the great city.” (Jonah 1:2; 3:2; 4:11) Why was this city great, or important, to Jehovah?

Nineveh was ancient, being among the first cities that Nimrod established after the Flood. It was vast, a metropolitan region that evidently included several other cities, requiring a man three days to walk from one end to the other. (Genesis 10:11; Jonah 3:3 Nineveh was evidently impressive, with stately temples, mighty walls, and other edifices. But none of these factors made the city important to Jehovah God. What mattered to him were the people. Nineveh had a huge population for that time. For all their badness, Jehovah cared about them. He valued human life and the potential that each individual has for repenting and learning to do what is right.

When Jonah finally entered Ninveh, its immense population of more than 120,000 may have made the place only more intimidating.* He walked for a day, penetrating ever deeper into that teeming metropolis, perhaps looking for a suitable central location to start spreading his message. How would he reach these people? Or did Jehovah grant him that ability through a miracle? We do not know. It may be that Jehovah made his proclamation in his native Hebrew and used an interpreter to relate it to the Ninevites. At any rate, his message was simple and not likely to win him any favor: “Only forty day more, and Nineveh will be overthrown.” (Jonah 3:4) He spoke out boldly and repeatedly. In doing so, he showed remarkable courage and faith, qualities that Christians need today more than ever.

Jonah got the Ninevites’ attention. No doubt he braced himself for a hostile and violent response. Instead, something remarkable happened. People listened! His words spread like wildfire. Before long, the whole city was talking about Jonah’s prophecy of doom. Jonah’s account tells us: “The men of Nineveh began to put faith in God, and they proceeded to proclaim a fast and to put on sackcloth, from the greatest one of them even to the least one of them.” (Jonah 3:5) Rich and poor, strong and weak, young and old were all caught up in the same repentant spirit. News of this popular movement soon reached the ears of the king.

The king too was struck with godly fear. He rose up from his throne, removed his luxurious robes of state, put on the same rough clothing that his people were wearing, and even “sat down in the ashes.” With his turning the fast from a spontaneous popular movement into an official action of sate. He ordered that all wear sackcloth, even the domestic animals. *He humbly acknowledged that his people were guilt of badness and violence. He also expressed hope that the true God would soften upon seeing their repentance, saying: “God may…turn back from his burning anger, so that we may not perish.” – Jonah 3:6-9.

Some critics express doubts that such a change of heart could have occurred so quickly among the Ninevites. However, Bible scholars have noted that a movement of the kind was not out of keeping with the superstitious and volatile nature of people of such cultures in ancient times. At any rate, Jesus Christ himself later referred to the repentance of the Ninevite. (Matthew 12:41) He knew what he was talking about, for he had been alive in heaven to witness those events as they unfolded. (John 8:57, 58) How, though, did Jehovah react to the Ninevites’ repentance?

A CONTRAST BETWEEN DIVINE MERCY AND HUMAN RIGIDITY
Jonah later wrote: “The true God got to see their works, that they had turned back from their bad way; and so the true God felt regret over the calamity that he had spoken of causing to them; and he did not cause it.” – Jonah 3:10.

Does this mean that Jehovah decided that his own judgment about Nineveh had been in error? No. The Bible says of Jehovah: “Perfect is his activity, for all his ways are justice. A God of faithfulness, with whom there is no injustice.” (Deuteronomy 32:4) Jehovah’s righteous anger against Nineveh simply abated. He observed the change in those people and saw that the punishment he had intended to bring upon them would no longer be fitting. This was an occasion to show divine mercy.

God is nothing like the rigid, cold, even harsh God so often portrayed by religious leaders. On the contrary, he is reasonable, adaptable, and merciful. When he determines to bring punishment upon the wicked, he first uses his representatives on earth to issue warnings, for he is eager to see the wicked do what the Ninevites did – repent and change their ways. (Ezekiel 33:11) Jehohave told his prophet Jeremiah: “At any moment that I may speak against a nation and against a kingdom to uproot it and to pull it down and to destroy it, and that nation actually turns back from its badness against which I spoke, I will also feel regret over the calamity that I had thought to execute upon it.” – Jeremiah 18:7,8.

So was Jonah’s prophecy a false one? No; it fulfilled its purpose as a warning. That warning was based on the Ninevites’ bad ways, which subsequently changed. Should the Ninevites resume their wicked ways, God’s judgment would be upon them. That is exactly what happened later on. – Zephaniah 2:13:15.

How did Jonah react when destruction did not come at the time he expected it to? We read: “To Jonah, thought, it was highly displeasing, and he got to be hot with anger.” (Jonah 5:1) Jonah even uttered a prayer that sound like a rebuke of the Almighty! Jonah suggested that he should have stayed home, on his own ground. He claimed that he knew all along that Jehovah would not bring calamity on Nineveh, even using that as an excuse for his running away to Tarsus in the first place. Then he asked to die, saying that death would be better than life. – Jonah 4:2,3.

What was troubling Jonah? We cannot know all that went through his mind, but we do know that Jonah had proclaimed doom to Nineveh before all those people. They had believed him. And now, no doom was coming. Did he fear being ridiculed or being labeled a false prophet? Whatever the case, he did not rejoice over the people’s repentance or over Jehovah’s mercy. Instead, it seems, he was on a downward spiral into a mire of bitterness, self-pity, and wounded pride. Evidently, though, Jonah’s merciful God still saw good in this distressed man. Instead of punishing Jonah for his disrespect, Jehovah simply asked him one gentle, probing question”: “Have you rightly become hot with anger?” (Jonah 4:4) Did Jonah even answer? The Bible record is silent.

HOW JEHOVAH TAUGHT JONAH A LESSON
The despondent prophet left Nineveh and headed, not home, but eastward, where some mountains overlooked the region. He built a little shelter and settle in to wait and watch Nineveh. Perhaps he still clung to the hope of witnessing her destruction. How would Jehovah teach this hardheaded man to be merciful?

Overnight, Jehovah caused a bottle-gourd plant to sprout up. Jonah woke to see the luxuriant growth, with its broad leaves providing far more shade than his flimsy shelter ever could. His spirits lifted. “Jonah began to rejoice greatly” over the plant, perhaps viewing it miraculous appearance as a sign of God’s blessing and approval. However, Jehovah wanted to do more for Jonah than simply deliver him from the heat and from his own petulant anger. He wanted to reach Jonah’s heart. So God used a worm to attack and kill the plant. Then he sent “a parching east wind” until Jonah began “swooning away” from the heat. Again the man’s spirits plummeted, and he asked God that he might die. – Jonah 4:6-8.

Once again Jehovah asked Jonah if he was rightly angry, this time over the death of the bottle-gourd plant. Instead of repenting, Jonah justified himself, saying: “I have rightly become hot with anger, to the point of death.” The stage was now set for Jehovah to drive home the lesson. – Jonah 4:9.

God reasoned with Jonah, saying that the prophet was feeling sorry over the death of a mere plant that had grown up overnight, one that Jonah neither planted nor caused to grow. Then God concluded: “For my part, ought I not to feel sorry for Nineveh the great city, in which there exist more than one hundred and twenty thousand men who do not at all know the difference between their right hand and their left, besides many domestic animals?” – Jonah 4:10,11.*

Do you see the depth of Jehovah’s object lesson? Jonah had never done a thing to take care of that plant. Jehovah, on the other hand, was the source of life for those Ninevites and had sustained them as he does all creatures on earth. How could Jonah place more value on a single plant than he did on the lives of 120,000 humans, in addition to all their livestock? Was it not because Jonah had allowed his thinking to become selfish? After all, he felt sorry for the plant only because it had benefited him personally. Did not his anger over Nineveh spring from motives that were likewise selfish – a prideful desire to save face, to be proved right?

A profound lesson indeed! The question is: did Jonah take the lesson to heart? The book bearing his name ends with God’s question hanging there, in effect, still echoing. Some critics might complain that Jonah never answers. In truth, though, his answer is there. It is the book itself. You see, evidence indicates that Jonah wrote the book bearing his name. Just imagine that prophet, once again safe in his homeland, writing this account. We can almost picture an older, wiser, humbler man ruefully shaking his head as he describes his own mistakes, his rebellion, and his stubborn refusal to show mercy. Clearly, Jonah did learn from Jehovah’s wise instruction.
He learned to be merciful.
Will we?

Tuesday, May 19, 2009

Cleaning for Your PC






Every so often it's important to perform thorough PC cleaning and maintenance. Fortunately there are a few simple steps you can take and utilities you can use to make your computer run faster.
by
David Cardinal
Buzz up!on Yahoo!
Is your computer filling up with old files or slowing down, cluttered with applications? Just like your house, it likely needs a good spring-cleaning. Fortunately there are a few simple steps you can take and utilities you can use to clean up the debris that may be cluttering up your machine. Here's part 1 of our guide.

Part 2—on physically
cleaning your PC and peripherals—arrives tomorrow.
First you should decide how thorough you want to be. Like your basement, your PC can potentially benefit from hours of cleaning, but you probably have other things to do with your time. So if your hard drive is filled to bursting, spend some time backing up and clearing off your data files. Otherwise, though, honestly, your time is better spent on other chores.
There are two exceptions to this rule: your desktop and your Start menu. If you've been letting your desktop fill up, take just 10 minutes to file away or delete the clutter. If you're using Windows XP and need to ease navigation in the Start menu, open the menu in Windows Explorer (C:\Documents and Settings\username\Start Menu\Programs) and spend a couple of minutes filing. Since Vista users have the convenient Start menu search field, straightening up the Programs menu seems like a waste of time.

UNCLOG THE PIPES
One of the simplest steps you can take to help out your machine's performance is to defragment the hard drive—although, alas, test results show that defragging achieves uneven improvement. But with a disk defragmenting utility built right into Windows, there's no reason not to run it. This is as simple as right-clicking on the hard drive icon in Windows Explorer and choosing the Defragment option under Tools. Your computer may need to reboot to complete the work, so give yourself some time to run the utility. Defragmenting reassembles and rearranges files that have become scattered across the drive, ensuring that your computer can get to each file as quickly as possible.

FREE SPACE



Slightly more complicated but practically guaranteed effective is freeing space on your hard drive. Unused programs and especially services take up space as well as using computer processing time and even slowing your start-up. The first culprits to look for are any applications that start up each time you launch Windows but aren't doing anything you need. Once everyone learned to delete the application shortcuts in the Start menu's Startup folder, app developers got crafty. You can uninstall programs you don't want at all, but to disable start-up programs, you'll want the System Configuration utility. Click Start Run, and type msconfig. Go to the Startup tab and you can disable the apps you don't want running automatically. You can search online for unfamiliar names; we like the
Process Library for this information. And do take a few seconds to research the names; you don't want to disable a critical process.
Next, a trip to the Programs and Features section of the Control Panel in Vista or to the Add and Remove Programs item in Windows XP is well worthwhile. If you're the sort of person who has tried a number of programs, or even if you've just stopped using some of your older software, you'll find a gold mine of opportunity for cleaning up your system. Select and uninstall each of the applications you no longer use. In general, if you're asked whether to remove shared files, it is safest to say no. They don't take much room, and if you remove them you risk breaking some other application.


ELIMINATE REDUNDANCY



It won't make your machine run any better, but if you hate staring at the runt entries left in the Programs control panel after they don't uninstall correctly, then
Microsoft's uninstall cleaner will get rid of them.

If your hard drive is filling up, several utilities can help you remove duplicate or unused files. The first one to try is built right into Windows. Disk Cleanup, accessible from your Programs menu under Accessories System Tools Disk Cleanup (or Start Run… cleanmgr) will delete, among other things, the contents of your Recycle Bin, old downloads, temp files, unneeded system logs, and dump files, as well as helping you remove unused Windows components. Then if your machine has more than one drive and your System drive (usually C:) is filling up, consider moving some of your data files to your other drives. Remember not to move applications themselves. They have to be uninstalled and reinstalled if you want them in a different location.

If you suspect you've wound up with multiple copies of large files like photos, music, or videos, there are utilities that can help you locate and delete duplicates. One nice free one is
Fast Duplicate File Finder from MindGems; PCMag utility Dupeless 2 is another good choice, though it's not free. Finally, as long as you're getting your hands dirty, now's a good time to make sure you have a backup system and that it's working. See our article on the best backup tools to get some ideas on how to make sure your system is effectively archived.

Whether you take the time to go through all of these steps or just some of them, the time you spend spring-cleaning your system should more than pay for itself in a better-performing machine for the rest of the year.

culled from www.pcmag.com

Monday, May 18, 2009

STARTING YOUR BUSINESS: TAX MATTERS

THE TAX SYSTEM

1 Taxation is the most important source of government revenue. Taxes may be classified under four categories.
(i) Direct Tax
(ii) Indirect Tax
(iii) Progressive Tax
(iv) Regressive Tax

(a) Direct Tax

A direct tax is a tax levied directly on the incomes of individual and business firms. It has effect on the individual or the company solely on the basis of the amount of income received during a given period or the capital owned or acquired.

Forms of Direct Taxes

* Company income tax
* Capital income tax
* Personnel income tax
* Education tax
* Petroleum profit tax
* Unearned income tax


(b) Indirect Tax

These are taxes on goods and services. Indirect tax is levied on a persons outlay rather than his income, that is, the tax are paid indirectly through the purchase price of a good or service and they are collected by the person selling the item.

Forms of Indirect Taxes

* Excise tax (tax on local manufactured goods)
* Import duties & export duties
* Value added tax (formally sales tax)

(c) Progressive Tax

A tax is progressive if the rate of tax increases as the individual’s capacity to pay increases. If the proportion of income taken by tax rises faster than income, the tax is said to be “highly progressive” if the proportions are the same, the tax is proportional.

(d) Regressive tax

A tax is regressive where the rate of tax decreases as income rises or where the tax paid represents a smaller proportion of higher income than for lower incomes.

2 Effect of Tax on Your Choice of Trading Medium

The factors set out below are of general importance in deciding whether you should trade through a limited company or as a sole trader. Their relative weight will depend on your circumstances and your plans for the future.

(a) Tax and Profits

The tax system makes no distinction between an individual and his business. Thus any profits a sole trader makes are aggregated with any other income he may have, irrespective of whether they are withdrawn from business for personal use or retained in the business. Income tax is currently levied at the lowest rate of 5% on the 1st N30,000, 10% on the next N30,000, 15% on the next N50,000, 20% on the next N50,000 and 25% on the balance.

Profits arising in a company are taxed at the rate of 30% of the total profits and education tax at the rate of 2% of assessable profit. A company’s trading profit has no income tax implications for the shareholders unless the company pays dividend, when the gross dividend becomes part of the shareholder’s total income for the tax year in which it was paid. Though withholding tax deducted from such dividend shall be the final tax on the dividend. If a director is receiving remuneration, the remuneration is subject to incur tax in the hands of the director, but is fully deductible in computing the company’s taxable profit except where the company is into property holding and investment where deductible directors fees has been limited to a certain sum per director for a maximum of three directors.

(b) Private Expenditure and Benefits Paid for by the Business

Private expenditure and benefits paid for by the business are disallowed in computing a sole trader’s trading profits subject to income deductible for company income tax purpose. But, for directors of the company, any such expenditure will result in a charge to income tax in the hands of the directors under the benefit in kind rules.

(c) The Payment of Tax Liabilities

Under the PAYE system, tax deducted from employee’ pay must be remitted to the tax office within 10 days after the end of the month, failing which penalty at 10% per annum and interest at 21% will be charged where a direct assessment is made eon an individual, the tax liability must be paid within 14 days to avoid interest and penalty charges.

Company income tax is payable within two months form the date of the notice of assessment and in any case not later than 14th of December of that year of assessment. Where a company file returns on self assessment basis. The cheque for payment of the tax liability must be attached to the returns being filed. Companies not filing returns on self-assessment basis are expected to pay provisional tax within three months of the commencement of each of assessment.

(d) Capital Gain Tax

Capital gain tax is also important if the business will use assets which could give rise to changeable gains on their disposal.

Capital gain tax is payable by both individual trader and company at the rate of 10% on the chargeable gain. The disadvantage of having gains accrue to a company, however, is that an effective double charge to tax can arise. Tax is payable firstly by the company on disposal of the chargeable assets. It will also be payable by the shareholder however, when they dispose of their shares (since the shares value will reflect the gains made by the company).

3 Definition of Terms

Tax Avoidance

Tax avoidance is a deliberate act of the tax payer to pay less than ought to pay legally. It is an act of winning games without actually cheating. It involves the tax payer identifying the loopholes in the tax laws and take advantage of them. It is permissible under law. However, in recent times some tax avoidance schemes have been declared null and void and their real intentions were declared to be tax evasion.

4 Tax Evasion

Tax evasion is an illegal method of reducing one tax liabilities such as incorrect return by omitting or understating one’s income or non-declaration of income and incorrect information. It is punishable with fines payment of double the amount which has been undercharged etc.

5 The Value Added Tax (VAT)

Value added tax is tax charged on value added during the course of production of goods and services. It is a multi-staged level of tax collected on sales at all stages of sales and distribution. VAT is imposed at the single rate of 5% on the invoice value of goods services.

Goods Exempted from VAT

(i) Basic food items
(ii) Medical and pharmaceutical products
(iii)All exported goods
(iv) Books and educational materials
(v) Fertilizers, agricultural and veterinary medicine.
(vi) Agricultural machinery and equipments.

Important Points to Note

Accounts
You should record all income and expenditure exclusive of any VAT. The rate should be recorded in a separate account showing the balance due to or from the Federal Inland Revenue Service through the local VAT office.

Accounting for VAT

An analysis of the accounting records of a typical wholesale who buys VATable products from the manufacturers and sells to the retailer will show all that is Basics to VAT accounting. ………….or service he pays VAT. Cash account is credited for the payment and a corresponding amount is debited to the VAT account if the business. This is the input tax. When he sells VATable products, he collects VAT. Cash account is debited with the amount received while a corresponding amount is credited to the VAT account. This is output tax (where the transaction is on credit the cash account is not involved. Rather, an account is opened for the creditor or debtor as may be appropriate to take the contra entry).

If the output tax is more than the input tax, the excess is remitted to the government. When the remittance is made, the cash account is credited and the corresponding debts goes into the VAT account. The account is then ruled off for the month.

In the event of input tax being more than the output tax (which may occur when purchases outstrip sales) a cash refund by the tax authority is required. When the cash refund us received from the tax office, cash account is debited with the amount of the refund while the VAT account is credited to balance the VAT account which is then ruled off for the month.

Claiming of Refund

A VAT invoice is necessary so that a VAT registered purchaser can reclaim input VAT suffered. The issue of such an invoice usually sets the tax point for a supply. A VAT invoice must show the following details:

(i) The supplies name, address and registration number.
(ii) The date of issue, the tax point and an invoice number.
(iii) The name and address of the customer
(iv) The type of supply (sale, hire purchase).
(v) The rate of any cash discount
(vi) A description of the goods or services.


Registration with Federal Inland Revenue Service

The following are the necessary steps to be taken to register with Federal Inland Revenue Service.

A formal letter would need to be written to the Federal Inland Revenue Service applying for registration.
The letter should be accompanied by:
- A photocopy of the company’s certificate of incorporation or formal letter of business name registration in case of sole-proprietorship.
- A copy of the company’s memo and articles of association, this is not necessary in case of sole-proprietorship.
§ For a company, the following additional information need to be supplied:
o The date of commencement of operation.
o The registered office of the company
o The names and address of the directors
o The address of the company’s bankers
o The principal activity of the company
o The date to which the company’s account would be prepared annually
o The shareholding of the company

However, for company that has commenced operation to obtain a tax clearance certificate, the company must be registered with the Federal inland Revenue Service. If the company has operated for not less than twelve month, a copy of the company’s audited financial statements together with the tax computations thereon must be filed at the tax office within six months of the company’s accounting year end.

Also, for a company that has not commenced operations and has been incorporated for over six months a statement of affairs of the company must be filed with the Federal Inland Revenue Service. In addition, to obtain tax clearance

11 The PAYE Scheme and Procedure

PAYE scheme is a method of collecting tax due on employment incomes including pensions. The employer is regarded as an unpaid agent of the Tax Authority and as such expected to deduct tax on salaries and wages, bonuses, allowances and benefit in kind.

This system ensures that tax is withheld monthly from employees salaries and wages before the employees are paid. The employer is obliged to pay taxes withheld to the relevant tax authority not later than the 14th day of the month following that of deduction.

Procedures

Returns of income and claims for allowances and reliefs are usually filed by each employee with the revenue at the beginning of each tax year. These are examined and filed in the respective employees personal files at the tax office. The allowances due to each employee are computed by the revenue on the basis of the information contained in the returns. These are entered on tax deductions cards and initiated by the appropriate officer.

Liability of Employer

An employer who is required to make deductions from the emoluments paid to an employee shall account to the relevant tax authority in such manner as the relevant tax authority may prescribe for the deduction made.

If the employer fails to make the deduction or fails to account properly for it, the amount of the tax together with a penalty of 10% per annum of the amount plus interest at the prevailing commercial rate shall be recoverable from the employer. The employer can also be held liable for failure to make correct return of his employees and their pay.