Pay your tax within nine months or be sent to jail- Osinbajo warns tax evaders | Welcome to Linda Ikeji's Blog

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Friday, 30 June 2017

Pay your tax within nine months or be sent to jail- Osinbajo warns tax evaders

Acting president, Yemi Osinbajo, Thursday gave a nine-month grace to all tax evaders to regularize their tax status or face criminal prosecution. Osinbajo gave the ultimatum at the inauguration of the Voluntary Assets and Income Declaration Scheme (VAIDs) in Abuja Thursday June 29th.
According to Osinbajo, the new scheme which is an initiative of the Buhari-led administration, was specially designed to help taxpayers, who had not declared their taxable incomes and assets, as well as those who don’t pay at all, and those who had been underpaying or under remitting, to correct their irregularities. Osinbajo said the scheme would cover all federal and state taxes such as companies’ income tax, personal income tax, petroleum profit tax, capital gains tax, stamp duties and tertiary education tax.
“The scheme will be operated from July 1, 2017 to March 31, 2018. It will be supported by an executive order, which I will sign into law today to offer a once in a life time opportunity to those in default to regularise their tax affairs. In exchange for full and honest declaration, tax evaders will receive immunity from prosecution, forgiveness of penalty and interest that is due on unpaid taxes. They will also get the full assurance that all information provided will remain confidential. In addition, participants in the scheme will not be selected for audit investigation for the period. We understand that some tax payers may have problems raising cash and for that reason, we have built in a system that will allow those owing to pay over a period of time" he said.
The acting president added that the Federal government would immediately commence a nationwide sensitisation of Nigerians on the scheme and tax in general to ensure compliance.
“To this end, we have agreed that every Thursday starting from today, and for the next one year will be declared Tax Thursday. We expect the Federal Inland Revenue Service (FIRS) and every state government to organize sensitisation events that would raise awareness of the tax system to ensure massive enrollment of new tax payers. We must enroll at least 4 million tax payers and increase the level of payment among the 14 million already registered tax payers. We expect that all state governors will personally lead this initiative and support the work of the 7,500 community tax liaison officers that would be employed shortly"he said.

34 comments:

Anonymous said...

May I ask,what tangible thing has the federal government achieved since Nigerian independence in spite all the revenue acquired? This is simply another means of ensuring that those kleptomaniacs at Abuja never run out of fund.

Esther Norah said...

So that oga at the top can keep paying for the aeroplane that he packed in UK airport abi. APC is giving Nigerians ultimatum to do their responsibilities buh they haven't done theirs after two yrs, ignoramus pple period

ukaegbulem peter said...

I hope Nigerians comply, this man is really working

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Anonymous said...

Can u tell Baba Bellar Onigbese

sheila okeke said...

For this country? Na white people u fit threaten no be people like us biko

jyde said...

Naija is just a crazy place where we take rubbish. They've not jailed those that stole billions and this one is threatening us. Ag. Presido, mind yourself! Give the people basic amenities first! Don't join the old hags!

Angela said...

Agendas like this just make me so angry!!! Let me see one of those obnoxious tax people near my office again...i will give them something to think about! They just stroll in like they own the place...like they were there when i was hustling day and night,public holidays inclusive,just to raise a buck or two to pay rent,staff and feed my kids! After chasing clients upandan for payment...After all these,the Negroes expect me to give them 30% of my hard-earned money!!! That's not even an issue but they will now not be accountable for all the money they collect!!Some of the 1.2million I paid last year is what they have used to park the Presidential jet idle for 53days waiting to bring a corpse back and paying 4k pound per day...some of it was used to fly Aisha on a merry-go round trip to see the deadi bodi...some to keep the useless kids at Ask rock doing nothing but taking pixs with Osibajo and watching over what they deem is their birthright (Or what biz does Yusuf Buhari have in the state house? Is he a minister or Senator)....some was used to buy aviation fuel to fly Zahra and her hubby on d Presidential jet to God knows where....some is on Patience Jonathan's ears as jewelry....some to buy more exotic bulletproof cars and horsewhips to force me off the road as their convoy sweeps past in traffic....some to stash in more Ikoyi apartments..some of my money to pay the cook,cleaner,guards and spin doctors,electricity,rent for Nigerian house in UK to keep a corpse.....You want tax abi? Come and collect it!! ANIMALS!!! THEIVES!!!! Meanwhile,I just paid 250k to the Landlords association to fix our street roads that is the government's responsibility!And 4k for security guards for my estate !After swimming thru a flooded highway and dodging big potholes big enough to take a tank... BULL!!!

Sweetchild Sweet said...

So that the assembly will have more money to loot...Be ready to jail the whole country & govern only the assembly thiieves

Anonymous said...

Mr osinbajo, this is where you want to offend Nigerian. Because fowler is your friend,he has pushed you to a anti Nigerian advise.

B4 u start making threat to the ordinary man with prison sentence, let all politician declare their tax for the last ten years how much they have paid.

What has being done with the little tax we have being paying b4?

Why is the law only effective on the ordinary man?

The damage fowler caused in lagos is why there are a lot f unemployment in lagos state. 

In a society where there is no price control, SME suffer a lot by middle men determining the price they sell, a lot of the barely make money to feed after investing, you want to add tax. Prison go full, and unemployment w‎ill rise, you the elite will never be safe again.

Don't listen to fowler, do you street research b4 you sign a law, bcos that has being the problem, idiot who never experience something will be passing law in the office‎.

Anonymous said...

Mr osinbajo, this is where you want to offend Nigerian. Because fowler is your friend,he has pushed you to a anti Nigerian advise.

B4 u start making threat to the ordinary man with prison sentence, let all politician declare their tax for the last ten years how much they have paid.

What has being done with the little tax we have being paying b4?

Why is the law only effective on the ordinary man?

The damage fowler caused in lagos is why there are a lot f unemployment in lagos state. 

In a society where there is no price control, SME suffer a lot by middle men determining the price they sell, a lot of the barely make money to feed after investing, you want to add tax. Prison go full, and unemployment w‎ill rise, you the elite will never be safe again.

Don't listen to fowler, do you street research b4 you sign a law, bcos that has being the problem, idiot who never experience something will be passing law in the office‎.

Anonymous said...

Mr osinbajo, this is where you want to offend Nigerian. Because fowler is your friend,he has pushed you to a anti Nigerian advise.

B4 u start making threat to the ordinary man with prison sentence, let all politician declare their tax for the last ten years how much they have paid.

What has being done with the little tax we have being paying b4?

Why is the law only effective on the ordinary man?

The damage fowler caused in lagos is why there are a lot f unemployment in lagos state. 

In a society where there is no price control, SME suffer a lot by middle men determining the price they sell, a lot of the barely make money to feed after investing, you want to add tax. Prison go full, and unemployment w‎ill rise, you the elite will never be safe again.

Don't listen to fowler, do you street research b4 you sign a law, bcos that has being the problem, idiot who never experience something will be passing law in the office‎.

Anonymous said...

Mr osinbajo, this is where you want to offend Nigerian. Because fowler is your friend,he has pushed you to a anti Nigerian advise.

B4 u start making threat to the ordinary man with prison sentence, let all politician declare their tax for the last ten years how much they have paid.

What has being done with the little tax we have being paying b4?

Why is the law only effective on the ordinary man?

The damage fowler caused in lagos is why there are a lot f unemployment in lagos state. 

In a society where there is no price control, SME suffer a lot by middle men determining the price they sell, a lot of the barely make money to feed after investing, you want to add tax. Prison go full, and unemployment w‎ill rise, you the elite will never be safe again.

Don't listen to fowler, do you street research b4 you sign a law, bcos that has being the problem, idiot who never experience something will be passing law in the office‎.

Anonymous said...

Mr osinbajo, this is where you want to offend Nigerian. Because fowler is your friend,he has pushed you to a anti Nigerian advise.

B4 u start making threat to the ordinary man with prison sentence, let all politician declare their tax for the last ten years how much they have paid.

What has being done with the little tax we have being paying b4?

Why is the law only effective on the ordinary man?

The damage fowler caused in lagos is why there are a lot f unemployment in lagos state. 

In a society where there is no price control, SME suffer a lot by middle men determining the price they sell, a lot of the barely make money to feed after investing, you want to add tax. Prison go full, and unemployment w‎ill rise, you the elite will never be safe again.

Don't listen to fowler, do you street research b4 you sign a law, bcos that has being the problem, idiot who never experience something will be passing law in the office‎.

Anonymous said...

Fool.tinubu don send u to come thief.osinbajo thief na em u be ole God punish you.we have nothing ,no light nothing all d tax collected from multinationals how far?una dey find money for election since Una no get riverstt again.divide Nigeria into regions let all these nonsense stop.

Anonymous said...

hmmmmmm. how many Ppl will u arrest? in this recession period that people are on 18k minimum wage,that houserent is being owed,that the price of petrol went up from 86 to 145,that a paint of garri that used to be 250 is now 1000 that so many Ppl have lost their jobs that many have committed suicide with others waiting to see if things would get better before they do?
when sir victor Olaiya sang ilu le then,things were not this terrible. African China sang 'food no dey'things were not this difficult,someody sang 'eyin oyinbo,e wa fun mi ni visa,ilu yi su mi,e wa funmi ni visa,things were not this difficult.if that musician happens to experince what ppl are going thru, he probably would have ended his life. my dear Ppl in govt,this is just to let you know u r not serving us but serving yourselves. we are diehards,we've learnt to eat without meat we've learnt to eat just a little to hold our stomach,we've learnt to smile in times of trouble, we've learnt a whole lot. u can't ever withstand a little of the problem the masses are facing,u can't survive it. learnt Evans is suing for being detained. like the ogas at the top who can't take a bit of what they are giving us. pls,make life easier for Ppl before things get more out of hand. you knew your rice would not be readily available yet u made it difficult for rice to come in. with your take home,u can afford to live in luxury but the average Nigerian is suffering. we are still far from development. seems our colonial masters would have served us better. can't imagine a whiteman staying on my street in adedoyin ijesha n leaving it untarred ever since the so-called independence. discovered,it had been approved with all monies released about six times... tax payers'money.let them come in their numbers and pls let there be at least a whiteman in a street and see what would happen. we r still immatured to manage our own affairs. let's employ mr wood,mr coldstone,etc as local councilors pending when we would be able to rule ourselves.Queen Eliza,thank God u r still alive. pls come and take back the independence certificate, we no longer want. sure some Ppl in govt will start commenting negatively on this post but at least av made my point clear.

Anonymous said...

Mr osinbajo, this is where you want to offend Nigerian. Because fowler is your friend,he has pushed you to a anti Nigerian advise.

B4 u start making threat to the ordinary man with prison sentence, let all politician declare their tax for the last ten years how much they have paid.

What has being done with the little tax we have being paying b4?

Why is the law only effective on the ordinary man?

The damage fowler caused in lagos is why there are a lot f unemployment in lagos state. 

In a society where there is no price control, SME suffer a lot by middle men determining the price they sell, a lot of the barely make money to feed after investing, you want to add tax. Prison go full, and unemployment w‎ill rise, you the elite will never be safe again.

Don't listen to fowler, do you street research b4 you sign a law, bcos that has being the problem, idiot who never experience something will be passing law in the office‎.

Anonymous said...

Pay taxes to a government that has been robbing us blind for decades Abi? Idiots

Anonymous said...

Taxation is a vital ingredient for economic development and a potential major source of government revenue,however by insisting on strict enforcement ,government must reciprocate and tell us what their own deliverables will be.In addition there must be accountability on their part as citizens will well and truly be funding government .

For,this to,effectively commence,there needs to be a harmonisation of taxes (federal,states and other adhoc taxes)and perhaps a radical review of tax reliefs to incentivise the tax payer.

Government must commit to
1.Cutting excessive wastage in the bureaucracy and significantly improving service delivery.
2.Efficient budget implementation and we will hold them accountable to negative variances.They must provide quarterly uodates
3.Providing world class public infrastructure
4.Completely eliminate citizens current situation of being their own government ,providing their own utilities etc
5.Immediately impacting social welfare positively for the less opportune in society

They need to also stop paying lip service to revenue diversification and really start to drive other potentially lucrative revenue sources
from latent key sectors,tourism,entertainment,other mineral resources.

Anonymous said...

Mr man , you are stupid!!!!

Anonymous said...

Please build prison that cane take 50millin people, we are not paying any tax to you greedy people, seem they don't have enough money to loot again....you will send all of us to jail...you go tire

Anonymous said...

Please build prison that cane take 50millin people, we are not paying any tax to you greedy people, seem they don't have enough money to loot again....you will send all of us to jail...you go tire

Anonymous said...

Please build prison that cane take 50millin people, we are not paying any tax to you greedy people, seem they don't have enough money to loot again....you will send all of us to jail...you go tire

Anonymous said...

Please build prison that cane take 50millin people, we are not paying any tax to you greedy people, seem they don't have enough money to loot again....you will send all of us to jail...you go tire

Anonymous said...

Please build prison that cane take 50millin people, we are not paying any tax to you greedy people, seem they don't have enough money to loot again....you will send all of us to jail...you go tire

OSINANL said...

WHICH TAX?

Vivian Reginalds said...

SO THAT UNA GO SEE MORE MONEY TO TRAVEL ABROAD AND PARK THE PRESIDENTIAL JET LYING WALLOW AND SPENDING A MILLION BUCKS DAILY MAKING GREAT BRITAIN BETTER AT THE EXPENSE OF THIS COUNTRY
#WEHDONESIR!!!

-D great anonymous now as Vivian Reginalds

Anonymous said...

Thunder way no get brake fire your mouth. Fool.

Cynthia Okoro said...

Lol they should pay salaries first
this new thing i'm trying if you like check me out
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Anonymous said...

You pay Tax from income earned.In a country where more than half the population is unemployed,i wonder who the threat is for. I guess he is referring to all these people in power because the are the ones earning money

Anonymous said...

osinbado o bad o! in this recession period wey Ppl never chop? seem u don't know what Ppl are going through. ko baje laiye olugbon,ko baje laiye aresa sugbon o ti baje laiye tiyin. I know u will preach give ceasar what belongs to ceaser. I don't know what belongs to your own Badoori ceasar and osindoo ceasar.

Anonymous said...

its high time Ppl started posting crying video all o'er d social media to show how much we are suffering.

Anonymous said...

all these taxes you Ppl are collecting there is God ooo.

Anonymous said...

which other jail are u talking about? you fail to realise majority of us are already in your jail. . yes extended jail.

Anonymous said...

if u don't return the Ppl's living condition to normal,a a begi fun yin.

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