PSIRS strategises on vigorous revenue drive to increase IGR — Chairman


By Zainab Oyekan
Jos, Jan. 13, 2021 The Executive Chairman, Plateau State Internal Revenue Service (PSIRS), Mr Dashe Arlat, has said that the Service would soon embarked on an ”explosive” revenue drive, to increase the state’s Internally Generated Revenue (IGR)
Arlat said at a press briefing in Jos, on Wednesday, that the service had adopted a strategy, tagged Explosive Revenue Drive (ERED- 2021), that would entail massive taxpayer registration, agent registration, improved record keeping and data management.
In order to ensure revenue returns and notices, there would also be increased revenue assessments. to enhance payment and remittance and reconciliation, in addition to encouraging prompt objection and appeal processes, debt collection and recovery profiling.
“This strategy will help monitor compliance on interest payment, introduce risk based audit, forensic investigation and enforcement of tax clearance certificate on all taxable persons,” he said.
Alart said with the unprecedented drop in crude oil prices that led to a drop in the statutory revenue allocation to the state , taxation and charging fees, fines, levies and other forms of documentation, had become the alternative sources of revenue.
The PSIRS chairman added that the various sources of revenue had become a challenge, with the attendant lockdowns and semi lockdowns across the country stifling economic activities in an effort to keep citizens safe from COVID-19.
He said the strategy would help the government to brace up and confront the present realities of a harsh economic climate, stressing that the ERED would also enable the PSIRS to look inward and take advantage of any revenue-yielding activity, to keep the government functional.

This site uses Akismet to reduce spam. Learn how your comment data is processed.