Kwara urges prompt tax payment to boost revenue

The Kwara State government is appealing to all taxable individuals to pay their taxes promptly, emphasizing that increased compliance is crucial for strengthening the state's internally generated revenue (IGR) and its capacity to fund development projects. The government views tax remittance as an investment in the state's progress and citizens' well-being.

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Every tax remitted is not just a legal obligation but also an investment in the sustainable development and better quality of life for all Kwarans.

Shade Omoniyi, Chairman of the Kwara State Internal Revenue Service (KW-IRS), stated that the appeal is linked to ongoing tax reforms designed to establish a more equitable tax system nationwide. These reforms aim to lessen the tax burden on those with lower incomes while ensuring individuals with greater financial capacity contribute proportionally.

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As governments at all levels continue to implement tax reforms aimed at creating a fairer and more equitable tax system, every eligible taxpayer has a role to play.

Omoniyi specifically called on high-net-worth individuals to comply with their tax obligations, noting their contributions are vital for expanding the state's revenue base. The KW-IRS is committed to transparent, efficient, and technology-driven tax administration to simplify compliance. While voluntary compliance is preferred, the service will enforce tax laws when necessary to ensure adherence and protect compliant taxpayers.

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Their contributions are critical to strengthening the state’s Internally Generated Revenue (IGR), expanding the government’s capacity to deliver sustainable development projects, and promoting equity within the tax system.