Adamawa State government has slashed taxes on informal businesses by 50 per cent to help business owners operating in the state cushion the hardship occasioned by the coronavirus disease (COVID-19).
Executive Chairman of Adamawa State Board of Internal Revenue, Alhaji Hamman Njabari, told journalists Tuesday in Yola that Governor Ahmadu Fintiri’s directive for a slash on the taxes was part of the administration’s efforts to encourage the private sector to invest more in the state.
The present administration’s political will to support the board and make it an autonomous institution has raised the internally-generated revenue (IGR) by 49 per cent within a short period, he added.
His words: “One of the crucial agenda of Governor Fintiri’s administration is to boost the IGR in the state.”
Njabari said the introduction of online renewal of motor vehicle registration in the state – the first in the country – has made it possible for car-owners to renew their documents without the stress of visiting the board offices, and that such documents were delivered to the owner at home or office.
“The board, in conjunction with a consultant, Kenako Nigeria Limited, has developed an online plate manager platform that tax-payers can access and renew their documents at any location and time the need arises,” he stated.
According to him, cloud-based ticketing devices have been developed to check shoddy deals by tax collectors in the board.
The devices, he added, are integrated with central payment gateway, which has face out issuing cash invoice.
“Point of Sale (POS) terminals were also deployed to all Ministries, Departments and Agencies (MDAs) by the lead bank to mop all cash and electronic payments to the government coffers. Mobile collection technology in the board are configured to address collection in remote areas and mobile road collection,” he stated.