Is this money income?
Not all money that comes in is income. Transfers from your own accounts, loans and refunds aren't.
If Backdur counted every naira that came in as income, your income and your tax would look much bigger than they are.
Money in that isn't income
| Label | Example |
|---|---|
| From another of my accounts | Moving ₦100k from GTBank to OPay |
| Passing through (not mine) | A friend sends you ₦50k to pay someone for them |
| A loan I received | Borrowing ₦100k from a friend or a loan app |
| Someone paying me back | Your sister returning the ₦20k you lent her |
| A refund | A shop or bank reversing a payment |
| From my savings | Money moved back out of PiggyVest or a savings pot |
What happens when you mark it
It still moves your balance. But it's left out of your income, your spending, your income split, Tomi's totals and your tax.
Can't find what you need?
Write to us and a person will reply. In the app, you can also go to Settings → Help → Support.