Nigeria Now Has 35 Million Taxpayers – JTB

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The database of taxpayers in Nigeria has increased from 20 million to 35 million according to The Joint Tax Board (JTB).

The
Executive Secretary of the Board, Mr Oseni Elamah, revealed this in a
brief interview with the News Agency of Nigeria (NAN), on Sunday in
Abuja.

Mr Elamah further explained that the great feat was
achieved as a result of the ongoing database consolidation of JTB, an
initiative being carried out in collaboration with the Nigeria Inter
Bank Settlement System (NIBSS).
He said that the figure of the taxpayers is combined with both individuals and corporate bodies.

He
said that this showed that there was a massive increase of the
database, imagine when that translated to actual taxes that were
collected in Naira and Kobo.

We are trying to break them into classes of taxpayers and various jurisdictions where they reside, state by state.

“Hopefully,
this information will be communicated to all the states by first week
of January and then we will ask them to file their reports for tax
assessment. From the information, we will tell Nigerians, how many are
teachers, artisans, entertainers among others,” he said.

Mr
Elamah disclosed that on the average, about 22 per cent growth in tax
revenue had been recorded in both state revenue services and Federal
Inland Revenue Service (FIRS) when compared to 2017.

He further
stated that this figure was collated as at third quarter; and it would
move to 30 per cent by the end of last quarter. By end of the year, 2018
will be one of the best results ever posted by FIRS and most of the
states.

He stated that with the coming of the Tax Identification
Number (TIN), and Bank Verification Number (BVN), the tax authorities
were currently tackling incomes of taxpayers and making sure they paid
their taxes as at when due.

He gave the assurance that the board
would create more public awareness and increase in voluntary compliance
and also enhance the capacity of workers to be tax professionals while
commending Executive chairman of FIRS and the JTB, Mr Babatunde Fowler
for his role in achieving the feat within a short while.
(NAN)

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