Economy
THE Kwara State Internal Revenue Service (KWIRS) has reassured tax payers in the state that it has not reviewed revenue fees or introduced new taxes since the current administration took over.
This is contained in a statement issued in Ilorin on Tuesday and signed by Mrs Shade Omoniyi, Executive Chairman of the service.
“All revenue lines currently being collected have been in existence,” the chairman said.
Omoniyi also said that its Harmonised Bill before the state Assembly was an improved tool to facilitate collection of all revenues due from tax payers across the state.
According to her, the bill is one of the automation strategies of the Service to improve on its collection activities.
She further explained that the bill would bring all eligible entities or business into the tax net and enhance revenue collection in the state.
“The Harmonize Bill is to compute, consolidate and communicate all payable tax revenue and non -tax revenue as applicable, to each eligible tax payer in the state within any assessment year.
“The bill will stop illegal negotiation between tax payers and revenue officers in the ministries or KWIRS, as well as avoid diversion of government’s money into personal pockets.
“It will also block most of the leakages through the display of all taxes due for payment by a taxpayer and provide education on multiple taxation.
“A single entity could be charged to different revenue lines depending on the nature of business,” the chairman explained.
According to her, the bill will indicate the level of tax compliance by showing both current and outstanding liabilities of each taxpayer in a single document.
According to the statement, KWIRS has introduced an approach to ensuring required and legitimate tax due is paid by taxpayers and collected appropriately into the coffers of the state.
“We have advised MDAs to allow taxpayers with arrears, access government benefits when they pay their dues for the current year, while they come up with plans for the payment of their outstanding liabilities.
“This revenue drive in the state, with the introduction of the harmonized bill will improve tax compliance and bring about an enhanced revenue generation,” Omoniyi added.
This, she said, would serve as a veritable support for the federal allocation in ensuring that the government met its responsibilities and desires of the people of the state. (NAN)
– Mar. 9, 2021 @ 14:39 GMT
Tags: Kwara Revenue Service boss reassures tax payers no new fees taxes
