Makinde charges stakeholders on prompt payment of Tax

Oyo State Governor, Engr. Seyi Makinde has  for the support of different stakeholders operating in the State on adequate deductions, prompt Remittance of Taxes and other levies.

Makinde stressed that regular payment of taxes will help to break the poverty barrier in the state by fulfilling his promises on provision of social amenities, enduring infrastructures, regular payment of government obligations and other amenities.

This was stated during a One Day Sensitization workshop on Computations, Deductions and Remittances for Federal and State Ministries, Departments and Agencies (MDAs) as well as Tertiary Institutions in the state held at the House of Chiefs, Secretariats, Ibadan.

Speaking on behalf of Engr. Seyi Makinde, the Executive Chairman, Oyo State Internal Revenue Service, Aremo John Adeleke said "Presently, the fluctuations and other complex gyrations of the international Oil market and the global economy means unstable and often lower revenue from Federal allocation. The need to look inward to generate enough internal revenue to cater for the much societal demand has never been this much.

"We count on Companies and other businesses to ensure they regularly deduct and remit their employees' PAYE tax to covers of our treasury. This will ensure mutual reciprocation of right and duties on the part of all parties. I regard such complying institutions, business and contractors as friends of my government and corporate citizens of this State of enduring opportunities."

The head of the partnering firm, Mr Femi Adeniji, in his remark bustressed that the workshop was about sensitizing various agencies about their responsibility that pertained to tax and other dues, adding that participants will be taught the right ways of making deductions so as not to shortchange the government.

Welcoming the participants in his speech, Aremo Adeleke who charged Professional Bodies, Tax Professionals, Consultants, Taxpayers and Agents to discharge their responsibilities as stipulated by the National Tax Policy of 2017, urged all MDAs, Federal and State as well as Tertertiary institutions to patronize those with a record of regular and up to date remittance of their employees' Pay As You Earn (PAYE).

The workshop had in attendance officials of state and federal Ministries,Directorates and Agencies (MDAs),private business sectors representatives and other stakeholders.