Oyo gov, Ajimobi, others to pay property tax
(Nigeria) Governor of Oyo State, Senator Abiola Ajimobi, and members of the state executive council have up till July 15 to pay property tax on their private buildings, as the state kick-starts aggressive revenue generation to shore up its dwindling internally generated revenue.
The Commissioner for Information, Culture and Tourism, Mr. Toye Arulogun, who stated this while briefing news in Ibadan, on Wednesday, emphasized that the evaluation and collection of property tax would begin from the private residence of the governor.
He said that the government had commenced the process for an
aggressive revenue drive that would witness the collection of land use charge,
revenue and taxes on properties and businesses located within the state,
Also at the briefing were the Special adviser to the
Governor on Internal Revenue, Mr. Biyi Oloko; a Consultant on internal revenue
generation, Mr. Bicci Alli; and the Permanent Secretary in the Ministry of
information, Dr Bashir Olanrewaju.
The commissioner assured residents that the ministry would
embark on door-to-door advocacy and enlightenment campaign to sensitize members
of the public about the new tax and payment regime before hitting the roads.
Arulogun said, "The State Executive Council resolved
during Wednesday meeting that due to the dwindling allocation to the state from
the Federation Account, the government of Oyo State would embark upon a more
aggressive revenue drive.
"Members of the state executive council and other
political functionaries have agreed that all dues and taxes derivable from
their salaries would henceforth be drawn from source, starting from July this
year.
"Government has decided that properties located within
the state must be taxed and it will start with the personal house of the
governor. Members of the state exco have been given up to July 15 to comply
with the payment. We want to set god example for others.”
He added that any member of the state executive council
whose tax had not been paid up to date would have such money deducted from
source before other members of the public were dragged into the tax net.
In his contribution, Oloko said that all self employed
individuals in the state would be dragged into Personal Income Tax net
stressing that all residents in the state would be expected to have completed
payment of their Personal Income tax by the end of March every year.
He said, "There would be re-certification programme of
landed properties across the state called Land Used Charge to boost the state’s
financial base and while doing this, people should be assured of smooth payment
as Point of Service (POS) machines are already in all our offices for easy
payment.
"We are using these methods to guard against leakages
and it would engender electronic payment system that makes cashless transaction
easier."
He explained that all property in the state had been
enumerated and payment of taxes would be enforced through the issuance of
Certificate of Occupancy, adding that tax offices had been opened across the 33
local government councils in the state.
Alli stressed that all withholding taxes, rates and levies
relating to business transaction must be promptly paid into government coffers.
The consultant explained that the Board had made taxes and
allied payments easier for the people as individuals that were self employed
would have their taxes statutorily deducted and paid to the government while
withholding tax on contracts and levies on businesses would be paid as at when
due.
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