Ekiti State Internal Revenue Service has pledged its full commitment towards achieving the set target by the State Government.
The Executive Chairman, Ekiti State Internal Revenue Service, Mr. Olumuyiwa Ogunmilade who made this known while speaking with newsmen in Ado Ekiti vowed to carry out the directives of the Governor,Dr. Fayemi, as stated at the Roundtable on Revenue and Tax Reform held recently.
’’We are ready to carry out the directives of the Governor . In addition to efforts the EKIRS has been making, the agency is now more ready to generate revenue now that it has the full backing of the governor at the roundtable”, the Chairman declared.
Mr. Ogunmilade said with the continued full support of Mr. Governor, adequate funding and increased conducive working environment, achieving the set goals will no longer be a difficult task. He however stressed the importance of capturing the revenue of the State owned tertiary institutions noting that proper capturing of revenue would automatically increase the revenue profile of the state which is one of the factors considered in determining the sharing formula from FAAC.
The Chairman stated that EKIRS has put new plans in place to track tax defaulters, stressing that it is important that the tertiary institutions in the State also make full remittance of 100% Pay As You Earn (PAYE) tax of their employees in accordance with Personal Income Tax Act (PITA) 2011.