Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,114 members, 7,953,424 topics. Date: Thursday, 19 September 2024 at 03:56 PM |
Nairaland Forum / Nairaland / General / Politics / Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 (7633 Views)
Tinubu Has Ordered Palliatives To Cushion Effects Of Subsidy Removal – Kyari / Ndume Seeks 50% Salary Cut For NASS Members To Pay ASUU / Lagos 2022 Budget:Bola Tinubu To Receive N8.1 Billion Monthly From 10% Tax Cut (2) (3) (4)
Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by OndoFirstBorn(m): 7:46am On Jun 13, 2020 |
To cushion the effects of the Coronavirus pandemic on businesses in Ondo State, Governor Oluwarotimi Akeredolu, SAN has announced tax cut, waived fees and other tax relief incentives for taxpayers in the state. The Governor who announced this via his twitter account, said that the implementation of the Hotel, Restaurant and Event Center Consumption Tax due to start on 1st June, 2020 has also been suspended. In his tweets "Our administration took a major step towards cushioning the impact of #COVID19 on our citizens. We have cut taxes and waived fees and have instituted other reliefs to make this period much more easier to bear. #Thread" "The implementation of the Hotel, Restaurant and Event Center Consumption Tax due to start on 1st June, 2020 is suspended in view of the peculiarly harsh impact suffered by the Entertainment/Hospitality sector." "The full implementation of the Land Use Charge rates based on property valuation is suspended." "Penalty and Interest on arrears of Land Use Charge from year 2017 to 2019 is hereby waived for residential property." "The minimum tax payable under the Presumptive Tax Regime (Artisans, Market Women, etc.) in the state has been reduced by 50%." "The deadline for the submission of Form A for employees and Annual Returns in accordance with Sections 41 (3) & 81 (1-3) of the Personal Income Tax Act (PITA) 2011 as amended, for companies operating in Ondo State is extended." "The penalty hitherto being charged on late remittance of Pay As You Earn (PAYE) deductions has been waived between March and September 2020 for all sectors." https://twitter.com/RotimiAkeredolu/status/1271518314276229122?s=19 3 Likes
|
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by izzou(m): 7:57am On Jun 13, 2020 |
If the government is waiving taxes, how are they going to generate funds to carry out their responsibilities? I'm not trying to be inhumane or a bad belle, but these are uncomfortable issues that will arise after these waivers I see it as a way of our politicians avoiding their duties and maybe chopping money sef throughout the post covid-19 era After all, if dem no do your road, you no go fit complain because people no dey pay complete tax or some no dey pay again. Make I dey watch sha 2 Likes 2 Shares |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Sammy07: 8:07am On Jun 13, 2020 |
Mr. Governor. 4 + 4 already 5 Likes |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Sammy07: 8:09am On Jun 13, 2020 |
another thing I like about him is that, he do take advice and he do respond to complains. Esp, on twitter whenever we call him out on something. he'll respond maturely not rudely and he'll explain. 6 Likes 1 Share |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Simplyleo: 8:14am On Jun 13, 2020 |
[s] izzou:[/s] Stop talking nonsense. 24 Likes 1 Share |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by ki02020(m): 8:19am On Jun 13, 2020 |
izzou: Oga even when they were collecting full tax much wasn't done... This is real cushion support not the rice and beans they were sharing 17 Likes |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by joshuaakindele7(m): 8:22am On Jun 13, 2020 |
izzou: Pay tax, you complain. Tax cut, you still complain. So you would rather prefer the Government to continue to tax people even when they're not making much sales/revenue during this lockdown? You must be very wicked. When businesses use all their profits and capital to pay tax now and everything crumble, who will pay tax to the Government after the pandemic? The Governor has simply given Businesses a conducive atmosphere to continue to operate. You rub my back, I rub yours. That's how the society grows. Kudos to Governor Akeredolu for this, He has set the pace. Hopefully other states' Governors will follow suit. 24 Likes |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by izzou(m): 8:26am On Jun 13, 2020 |
ki02020: Like I said, it's an uncomfortable problem that will arise I'm just being realistic. It may sound sweet now, but when a road has not been repaired, even in this rainy season, we will still tag the government as incompetent 1 Like |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by izzou(m): 8:28am On Jun 13, 2020 |
joshuaakindele7: K |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Kicktaker(m): 12:18pm On Jun 13, 2020 |
Nice one..just like Ayade did |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by kyuniii(m): 12:20pm On Jun 13, 2020 |
Election don come. 4 Likes |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by oyeb15: 12:21pm On Jun 13, 2020 |
Election matter. They are always nice during first term but devils in second term. 7 Likes |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Openbusiness: 12:21pm On Jun 13, 2020 |
Simplyleo: Much worse than nonsense. It's complete thrash! izzou: oyeb15:your brain is working. After elections are over, they will do policy somersault 7 Likes 2 Shares |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Onyekachi419(f): 12:21pm On Jun 13, 2020 |
Scamdemic |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by JOHNSONSOLAFUNMI(m): 12:21pm On Jun 13, 2020 |
B |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by DeRuggedProf: 12:22pm On Jun 13, 2020 |
Ok |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Goldencheese(m): 12:22pm On Jun 13, 2020 |
Tax cuts are a good way to cushion the effects of the COVID-19 on Nigerians. |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by ULSHERLAN(m): 12:25pm On Jun 13, 2020 |
Will he have done that if Ondo state elections were not close by 1 Like 1 Share |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Juventu999: 12:27pm On Jun 13, 2020 |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Houseofglam7(f): 12:27pm On Jun 13, 2020 |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by AbidexFIRE: 12:29pm On Jun 13, 2020 |
Campaign after election After what happened to your counterpart in Edo and u already know what will happen to you eventually, Now u are playing ur last card 1 Like 1 Share |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by obcpascal: 12:30pm On Jun 13, 2020 |
One of the Advanced Governors we have in Nigeria 2 Likes |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Resrguru: 12:31pm On Jun 13, 2020 |
Nice job |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by shizzy7(f): 12:33pm On Jun 13, 2020 |
izzou:Shut Up. 5 Likes 1 Share |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by Wiseandtrue(f): 12:34pm On Jun 13, 2020 |
That's a good one from Akeredolu His government have the people in mind!!! If na Buhari na to even increase the taxes God bless all our hardworking governors with people's interest at heart!!! 1 Like 1 Share |
Re: Akeredolu Announces Tax Cut For Businesses in Ondo To Cushion Effect of COVID-19 by BigBashiru: 12:46pm On Jun 13, 2020 |
joshuaakindele7:@ "you must be wicked" - it's a black race thing. |
EFCC Arrests Dangote. Charges NERC Boss, Others. / Dimeji Bankole And Gbemi Saraki Having An Affair! / Ojukwu Set To Celebrate 78th Birthday
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 36 |