Today,
Lagos State Government announced that it had increased its tax gap to include
domestic workers and artisans. Mr. Olufolarin Ogunsanwo, the Chairman of the
Lagos State Internal Revenue Service (LIRS) made the announcement at a news
conference in Alausa. He said that the new tax regime was in line with Gov.
Akinwunmi Ambode administration’s inclusion of every resident for the growth of
the state. Mr. Ogunsanwo said the agency had commenced the process of
overhauling the informal sector with a view to ensuring voluntary compliance by
all tax payers. He said the agency had identified three categories of tax
payers in the sector. According to him, they include market men/women,
artisans, micro, small and medium-scale enterprises and domestic staff. He said
these categories of people were expected to remit one per cent of what they earned
to government’s coffers. Ogunsanwo said that a directorate had been created in
the agency to oversee the sector, while modalities for taxing these categories
of people had been worked out. According to him, the declining national revenue
as a result of the fall in the global price of oil and the need for government
to provide and maintain basic infrastructure necessitated the regime.
08 March, 2016
Artisans And Domestic Workers To Pay Taxes In Lagos
Labels:
Artisans
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Domestic Workers To Pay Taxes In Lagos
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lagos tax system
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lirs
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tax
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