Gov Adeleke unveils new tax initiative for Osun business owners

The Osun state Governor, Ademola Adeleke on Thursday, 4th of January, 2024 unveiled the harmonization of multiple taxes and levies into a unified bill to enhance the overall development of Osun and boost Small and Medium Enterprises (SMEs)

He revealed this known in a post shared on his X handle on Thursday, 4th of January, 2024

He wrote:

“In continuation of our administration’s effort to improve the state economy and encourage the Small and Medium Enterprises (SMEs), we have completed the harmonization of multiple taxes and levies collected by different government departments, agencies, and ministries across all business sectors of the state economy including the informal sectors into a single bill. This Harmonized Bill curates all levies, which businesses are expected to pay on an annual basis as a single bill.

“This initiative is to promote ease of doing business by ensuring seamless and convenient payment of levies and taxes due to individuals and businesses across the state in equal or unequal tranches and ensure the issuance of Harmonized Bill Certificate upon completion of payment of the total amount.

“I hereby note to all business owners in Osun state both in formal and informal sectors that the official online payment channels for the state is http://pay.irs.os.gov.ng; POS machines in Tax stations across the state; commercial banks across Nigeria; and Money Transfer Services for those outside Nigeria.

“In addition, we have also completed the deployment of Automation System for improved service delivery on payment of rent and lease on government properties; processing of Certificates of Occupancy (C of O) in 45 days; Electronic Affidavit System; Electronic State of Origin and Local Government Area of Origin portal; Mobile tax stations; Online Tax payment system etc.” [CONTINUE READING HERE]>>>>