The Oyo state government has announced that revenue earning ventures and other businesses of churches and mosques would pay taxes.
This was disclosed by Mr. John Adeleke, the executive chairman of the Oyo State Internal Revenue Service on Sunday, September 29 while interacting with journalists.
Adeleke assured the people of the state that the government will not increase tax on business enterprises to boost Internally Generated Revenue (IGR). He said Governor Seyi Makinde is a people-friendly governor and would show empathy in his dealings on all issues.
He also said the government was working assiduously to capture other areas that had not been explored to generate more revenue.
”A culture of an efficient and leak-proof collection in all areas of revenue would be put in place. Instead of tax increment, we are emphasising the efficient collection of existing revenue and we are bringing our informal sector into the tax net.
“The good performance of Gov. Makinde has also changed the attitude of the stakeholders toward tax payment as most of them are responding without any reminder.
“However, the economy is a big challenge for many companies as this has implication on Pay As You Earn (PAYE) remittances,” Adeleke stated.
The chairman further explained that some taxpayers that were reluctant to respond were being served reminders after which thorough enforcement would follow.
He, however, assured the people that any step to be taken to enforce the tax drive would be legal and with a human face.
