AD

Rivers Residents Assured: New Tax Act Boosts Fairness

Rivers State Internal Revenue Service Director of Compliance and Enforcement, Rosemary Orubo, has reassured taxpayers that the newly enacted Tax Act is nothing to fear. Speaking during a radio interview on Super FM on Thursday, she emphasized that the legislation promotes fairness, transparency, and significantly enhances the ease of doing business across the state.

Orubo addressed widespread concerns and misinformation, clarifying that the Act does not grant the government authority to collect arbitrary levies from citizens. Instead, it establishes a more equitable system where higher earners who previously evaded proper contributions now pay their fair share, while low-income individuals receive strong protections.

Under the new framework, individuals earning less than ₦800,000 annually are fully exempt from personal income tax, with those earning slightly more facing correspondingly minimal rates. This progressive approach aims to shield vulnerable groups while broadening the tax base responsibly.

The director highlighted key reforms, including the elimination of multiple and duplicative taxes, marking the end of arbitrary collections. She specifically announced a ban on road taxes, relieving residents and businesses of this additional burden.

Also Read: http://JAMB Opens 2026 UTME, Releases Dates and Fees

Orubo urged all eligible taxpayers, both companies and individuals, to register with the Rivers State Internal Revenue Service promptly. Proper registration allows accurate identification of taxable adults and clear separation of those exempted, streamlining compliance.

She issued a firm warning against paying taxes to unauthorized individuals, stating that from 2026 onward, all payments must go directly into official government accounts to ensure accountability.

The RIRS also issued an urgent reminder on annual tax return filings. Companies must submit PAYE returns by January 31, 2026, while self-employed individuals have until March 31, 2026.

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

Legal Group Urges External Chief Judge to Probe Fubara Impeachment Amid Bias Claims Against Rivers Judiciary
The Chris Okafor–Doris Ogala Scandal Rocking The Internet
Pro-Fubara Group Slams Impeachment Plot, Calls It Unconstitutional Adventurism
Diri Vows to Boost Bayelsa Rice Production
Bonny LG Boss Faces Petition Over Alleged Traditional Misconduct
Degema Opens Vocational Hubs To Empower Youth

Leave a Reply

Your email address will not be published. Required fields are marked *