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Tax From Informal Sector workers Increased From 10 To 20 Million In 3 Years – Fowler

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Posted by Blessing on October 24, 2019 1:59 pm / 0 Comments

Chairman, Federal Inland Revenue Services, FIRS, Tunde Fowler has disclosed that the agency has been exploring all options to expand its tax net which has led to the improvement of tax payers in the informal sector from 10 million to 20 million in the past three years.

Fowler disclosed this while responding to questions from members of the public during the 4th National Budget Hearing which held at the National Assemble Complex, Abuja.

Fowler added that FIRS is partnering with the Central Bank of Nigeria, CBN to get the BVNs of registered companies that have not been paying their tax.

“We believe that if we can get BVN’s of those who are defaulting in the payment of tax, all of them would be captured under the tax net”, Fowler added.

He stressed that it is a joint effort between the agency and members of the public to expand the tax net and thereby improve the nation’s revenue. He added that “if any individual who carry out businesses with an organization that has not paying tax boycott the organization, defaulters would be forced to pay tax because they know no one would partronize them.”

Responding to questions on the level of accessibility of the FIRS E-Payment Services, Fowler said the agency is working on improving the accessibility features of the services so that Persons with disabilities especially the visually impaired can have access.

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