Ogun Internal Revenue Service To Begin Collection Of Consumption Tax From Hotel,Event Centre Operators

  

Ogun State Internal Revenue Service (OGIRS) says it will soon begin a Tax Audit of Consumption Tax , expected to be paid in the past six years by operators of hotels, event centres, bars and guest house 

The Executive Chairman OGIRS, Mr. Olugbenga Olaleye disclosed this during a meeting with stakeholders on Hotel Occupancy and Consumption Tax at Obas' Complex, Oke-Mosan, Abeokuta.

Olaleye said the audit was necessary to clear the backlogs of Tax liabilities at ensuring that businesses in the hospitality industry such as Hotels, Bars, Guest Houses, and Event Centers comply with the law as stipulated in the Consumption Tax Law.

According to him, Consumption Tax was a five percent charge on drinks, foods, and accommodation borne by consumers, which must be remitted into the State government coffers on or before the 20th of the succeeding month.

Taking the stakeholders through the digital payment platform of consumption Tax, one of the agency's staff, Miss Olasunbo Akinboro noted that the platform was designed to ensure payers' comfort in the world, electronic safe keeping of records without disrupting their working hours.

Akinboro said, "As the world is going digital, ease of transacting businesses in the Hotel Occupancy and Consumption Tax is not negotiable".

In his remark, the Ogun State Chairman of Hoteliers' Association, Ven. Micheal Ogunbowale lauded the initiative put in place by OGIRS to digitise payment processes of consumption Tax and pledged the readiness of members to support the government that would guarantee ease of discharging their civic responsibilities