Tax analyst reveals women's role in taxation on Women's Month

As the satellite marks Women’s Month, taxation expert Arabinrin Aderonke Atoyebi has called for a deeper speech connected the intersection betwixt taxation and women’s empowerment successful Nigeria. 

She emphasised that taxation policies should beryllium seen arsenic a catalyst for sex equality, alternatively than conscionable a revenue-generating mechanism.

The relation of women successful taxation administration

In her sentiment piece, Atoyebi highlighted the indispensable relation of women successful Nigeria’s economy, from small-scale traders successful Lagos to professionals successful firm sectors. 

The Chairman of the Federal Inland Revenue Service (FIRS) asks women for deeper engagement successful taxation. Credit: FIRS.
Source: UGC

“Can we spell a time without women? Impossible,” she remarked, stressing that women are captious players successful concern and governance.

She pointed retired that taxation plays a captious relation successful sustaining the businesses women tally and backing infrastructure specified arsenic roads, electricity, and marketplace security. 

“A pistillate moving a concern successful Wuse Market, Abuja, benefits straight from taxation. The roadworthy she uses to transport goods, the energy powering her store, and the information protecting her each beryllium due to the fact that of taxation revenue,” she explained.

Women endure from inadequate taxation collection

Atoyebi besides noted that without capable taxation collection, the load of mediocre nationalist services disproportionately affects women. 

“When hospitals are underfunded, it is women who endure during childbirth. When schools are successful atrocious shape, it is mothers who conflict to unafraid a bully acquisition for their children. When roads are bad, it is women traders who find it hard to transport their goods,” she added.

According to her, a transparent and equitable taxation strategy is cardinal to creating an inclusive system wherever women thrive. 

“Taxation is not conscionable astir collecting revenue; it is astir gathering a strategy wherever women tin succeed. Women are not conscionable taxpayers; they are federation builders, contributing regular to the advancement of Nigeria.”

Taxation is beyond system-building

Atoyebi urged policymakers to incorporated sex considerations into taxation policies to guarantee fairness and economical inclusion. 

“This Women’s Month, the speech indispensable spell beyond celebration. The relation of taxation successful shaping a prosperous Nigeria for women indispensable beryllium emphasised. Taxation is not a burden; it is the instauration upon which amended businesses, communities, and empowered women stand.”

Arabinrin Aderonke Atoyebi presently serves arsenic the method adjunct connected broadcast media to the enforcement president of the Federal Inland Revenue Service (FIRS).

FIRS rakes successful N5.5 trillion successful taxation gross successful 6 months

Legi.ng earlier reported that the Federal Inland Revenue Service (FIRS) collected a full tax revenue of N5.5 trillion for six months from January to June 2023.

Legit.ng earlier reported that FIRS acceptable a caller grounds aft collecting implicit N10 trillion successful gross successful 2022. It was the archetypal clip the gross bureau crossed the N10 trillion people successful taxation gross collection. It has acceptable an ambitious extremity for 2025 fiscal year.

The agency's realisation of this feat is coming contempt the information that Nigerians person been plagued by respective economical hardships successful the people of the six months including naira scarcity, inflation, substance subsidy removal and precocious petrol prices.

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Source: Legit.ng