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Business News of Thursday, 14 January 2021

Source: nigerianobservernews.com

EIRS sensitize on tax payments

Chairman/Chief Executive Officer, Edo State Internal Revenue Service, (EIRS), Mr. Igbinidu Inneh yesterday led a team of directors and staff to interface with traders on tax payments and emanating issues in an exercise codenamed, “Operation show your tax compliance receipts.”

Sharing banters with traders for reelecting Governor Godwin Obaseki and the need to actualize good works already kick-started during his first tenure at office, Igbinidu enlightened and sensitized on set terms of reference on tax payments to government at Mission Road through Etebite and other surrounding streets, and even New Benin market.

Traders upheld that it was nouveau riche having the tax chief at their shops, personally enlightening them which gave a humane tilt to the process aside boosting the positive feedback mechanism and best means to harmonize tax.

Addressing members of the press on the engagement with traders, the first for the year under the “Tax Thursday” scheme, the tax Chief stated, “What we have come to do is first, to sensitize on the need to pay tax to government and enlighten on the options that make it more convenient for them to pay.

“Traders don’t have to wait till the end of the year to pay tax which makes the liability appear much. We have introduced the use of technology. They can make payments against their profiles, based on the amount they were paying monthly so that at the end of the year, it is only a little they have to settle.”

He informed that scratch cards have been introduced to the payment scheme in addition to the existing online and bank payments to suit individual needs of traders who find it cumbersome to make bank payments.

Mr. Ikechukwu Ezeji a trader, praised the exercise noting that the country and even the state need tax to affect development. He also praised the state governor for his humanist tilt towards the need of the people.

Mike Nchedu a provision seller pleaded for more time while Okpara Jude, a cosmetic seller stated that members of his union do pay tax.

Earlier, Executive Director, Income Tax, Prince Felix Isuku engaged revenue staff on terms of engagement. On standby for the sensitization was Executive Director, Tax Compliance, Mr. Emmanuel Okodugha and other key personnel of the revenue service. ...