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NOA holds rally on tax reforms for Gombe residents

Khadija Batu by Khadija Batu
December 12, 2024
in Business, Development, National, News, News
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NOA holds rally on tax reforms for Gombe residents
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In a bid to enlighten Gombe residents on the merits of Tax Reforms, which have become subject of public debate, National Orientation Agency on Thursday held walk in support of the Federal Government’s policy.


Our correspondent reports that the walk commenced from Federal Secretariat to cross roundabout where handbills were distributed to passersby with requisite information.

 

Speaking at the end of the walk, the Director of Gombe NOA, Adaline Waye-Patari, said the bill when eventually passed and assented will stop multiple taxation.

 

Waye-Patari noted that taxation is essential for funding national development, saying “but we recognise that it has been a source of concern for many Nigerians due to issues like multiple taxation and its impact on low-income earners. To address these challenges. the government is implementing reforms to make the system fairer and less burdensome for citizens.”

She noted that the bills are four as it seeks to bring everything about taxation and administration of tax in Nigeria under four different pieces of legislation.

“For instance Nigeria Tax Bill is where all major taxes imposed on individuals and companies are clearly stated as well as the rates. This bill is just like a compendium of taxes charged in Nigeria.

“The Nigeria Tax Bill basically amalgamated all the existing laws in which provisions for taxation was made. When passed, this bill will lead to the repeal of 11 laws that contain provisions on imposition and collection of taxes.

“The government is working to stop different levels of authority from taxing people for the same thing.

“Those earning very little will pay little or no taxes, helping them manage their finances better.

“New digital systems are being introduced to make tax payments easier, faster, and more accountable

“These reforms are designed to ease the burden on hardworking Nigerians while ensuring everyone contributes fairly. By supporting this effort, we can create a tax system that works for all and funds the development projects m will improve our nation,” the Gombe State NOA Director added.

 

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