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Churches, mosques with revenue-earning businesses will pay tax – Oyo govt

The Oyo states government said churches and mosques with businesses and revenue-generating ventures will not be exempt from the payment of applicable taxes and levies.

This was announced by John Adeleke, executive chairman of the Oyo state internal revenue service, addressing journalists in Ibadan, the state capital, on Sunday.

He said the government is working to capture other areas that had not been explored to generate more revenue instead of raising taxes on commercial enterprises to increase internally generated revenue (IGR).

On the government’s decision to exempt churches and mosques from paying taxes, Adeleke made it clear that those with income-generating companies and other companies would pay taxes, duties and other taxes as appropriate.

“A culture of an efficient and leak-proof collection in all areas of revenue would be put in place,” NAN quoted him to have said.

“Instead of tax increment, we are emphasising the efficient collection of existing revenue and we are bringing our informal sector into the tax net.

“The good performance of Gov. Makinde has also changed the attitude of the stakeholders toward tax payment as most of them are responding without any reminder.

“However, the economy is a big challenge for many companies as this has an implication on Pay As You Earn (PAYE) remittances.”

The chairman further explained that some taxpayers that were reluctant to respond are being served reminders after which thorough enforcement would follow.

He. however, assured the people that any step to be taken to enforce the tax drive would be legal.