Ogun State Internal Revenue Service (OGIRS) has charged private school owners stakeholders and the general public on the tax obligations and compliance requirements for educational institutions.
The Executive Chairman (OGIRS), Mr. Olugbenga Olaleye gave the charge during a-day capacity training workshop tagged, "Integration of Vocational Skills Acquisition Into All Tiers of Education in Nigeria at Ado-Odo/Ota Local Government Area , saying the programme was intended to guide school owners and the general public on payment of taxes as at when due.
Schools in Ogun State, like other businesses and organisations according to him, are required to file annual returns with relevant tax and regulatory authorities, hinting that filing ensures compliance with tax laws and corporate governance regulations.
Executive Chairman, OGIRS represented by the Director, Corporate Development, Mr. Taiwo Ogundimu, praised the organisers and assured participants that they would garner more knowledge in the areas of taxation, among others, advising them to impart the knowledge to their learners in various schools.
"Don't evade tax. Pay your tax because it is our taxes that the government is using in developing our state", he affirmed.
He further appealed to the public and school owners, especially proprietors and prorietesses, to always keep proper books of accounts, saying they should engage the services of qualified tax practitioners with prerequisite qualification to handle their tax processes.
Olaleye listed key taxes and levies applicable to educational institutions to include, Pay As You Earn (PAYE), Direct Assessment, Development Levy, Withholding Tax (Individuals and Enterprises), and Business Premises Levy.
Speaking earlier, Director, Quality Assurance and Teachers' Development, Miss Duze Mary, represented the Permanent Secretary, Ministry of Education, Science and Technology (MOEST), Alhaja Tosin Oloko, appreciated the Commissioner (MOEST), Prof. Abayomi Arigbabu, for changing the education narrative in the State, affirming that all technical schools in the state had been renovated and fully equipped to allow learners to practice what they have been taught.
Speaking, Zonal Education Officer Ota, Alhaja Serifat Ayoola, appreciated individuals who graced the occasion, pointing out that the education sector played a pivotal role in the society, reiterating that the seminar would provide an engaging session with experts that the participants would learn from their expertise.
Contributing, the founder of EduTAMS, Dr. Ademola Adenubi, applauded the Commissioner for his deep understanding and passion for education, revealing that Ogun State Education Revitalisation Agenda (OGSERA) was a holistic government initiative to address age- long issues with the management of the education sector in the state, stating that the functionalities of Digital Platform for Education Revitalisation (DiPER) were designed towards having equitable access to education, simplifying school administration, improving learning outcome, among others, saying the concept of OGSERA was not intended to frustrate any school but to make school business interesting.
On behalf of other participants, Mr. Segun Kakanfo and Mrs. Kemi Olagoke, appreciated the State Government for the training, describing the programme as impactful and inspiring, saying the knowledge gained would be practiced in their day-to - day activities
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