KW-IRS Assures Taxpayers Of Seamless Discharge Of Mandate
…applauds improved level of tax compliance in the state
The Kwara State Internal Revenue Service (KW-IRS) has again assured taxpayers in the State of its commitment to seamless discharging of its mandate.
A statement signed by the agency’s Executive Chairman, Mrs Shade Omoniyi, and made available to journalists in Ilorin, the state capital, on Monday, said the Service would continue to ensure adequate revenue mobilisation for the socio-economic growth and development of the State in accordance with global best standards.
“Our Taxpayers are once again reminded that in accordance with Section 54 (1) of the Personal Income Tax (PITA) 2011 as amended, which mandates every taxable person in the State to be assessed individually upon the expiration of the time allowed to file a return as mandated by Section 41 of the Act, we are not allowing the payment of Personal Income Tax (PIT) or its equivalent through any existing or prospective associations, unions, or umbrella group(s) representing artisans or business owners.
“We observe the improved level of tax compliance in the State and the growth in the number of taxpayers over the years, especially among low-income earners. We truly appreciate our stakeholders for their continuous support and commitment to the revenue drive in the State.
“Nevertheless, the Service has observed that compliance level is low for some of the High Networth Individuals (HNIs) within the State.
“Taxpayers, particularly HNIs, are reminded of their right to submit objections to the assessment presented to them as stated in Section 58 of the Personal Income Tax Act (PITA) 2011 (as amended by the Finance Acts 2019 and 2020), which is then subject to reviews.
“We implore taxpayers to pay all tax liabilities and file needed tax returns using the avenues provided. This is particularly important as the ongoing enforcement exercise on tax defaulters continues across the State along with lawful penalties.
“We also wish to state that the avenue to file Individual Annual Tax Returns is still available to the public and can be done seamlessly on the KW-IRS Self-Service Portal via selfservice.kwirs.com between now and 31st March 2024,” the statement stated.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Bola Ahmed Tinubu Press Release Olatunji Abdulmumeen Sherif Shagaya Simeon Sule Ajibola AbdulGafar Tosho Mashood Dauda Mohammed Lawal Bagega Abdullahi Biffo Ibraheem Adeola Katibi SSA Youth Engagement Shonga IDPU Lawal Jimoh Sulyman Tejidini Salami Adekunle Edret Sabi Abel Mufutau Gbadamosi Esuwoye Abdulrahman Onikijipa Kwara Consultative Forum Kabir Shagaya Kwara State Government Fatai Garuba Labaka Abdulrauf Yusuf Samuel Olusegun Adedayo Rashidi Yekini Raliat AbdulRazaq Abdulrazaq Adebayo CUTI Isiaka AbdulRazaq Haliru Yahaya Oba David Oyerinola Adedunmoye Gbugbu International Market Atunwa Salihu Ajia Abdulbaqi Jimoh Mohammed Halidu Admiralty Villa Freshvine Nigeria Limited March 28 Babatunde Idiagbon Oba Of Jebba Tunji Oyawoye Kamaldeen Gambari Joseph Offorjama Ilorin Like-Minds Kunle Okeowo Unicontinental Construction Company Adamu Ibrahim Sabi Offa Sulyman Atolagbe Alege Quareeb Ilorin Curfew Kwara State Fire Service Read With Me Saka Asiat Ayinke Saadu Yusuf Sunday Otokiti Shaykh Luqman Jimoh Idofin Rotimi Oyedepo National Pilot Toyin Falola Shuaib Boni Aliyu Kumbi Titilope Ilorin Metro Park Adijat Adebiyi Dar-Al-Handasah Consultants Femtech Awoye Elerin Of Erin-Ile Simon Sayomi Kisra Alapado Muslimah Entrepreneurship Forum Abubakar Usman Jos Abdulkadri Ahmad Alaiye