The House of Representatives has advocated for the review of existing tax laws and policies to streamline tax collection processes and eliminate redundant or overlapping taxes that contribute to the financial burden on citizens with a view to identifying areas of double taxation at all levels to provide relief to citizens without jeopardizing government revenue targets.
The House also wants the government and the relevant agencies to be sensitive to the plight of the masses by reviewing current tax policies to prevent the imposition of unnecessary and multiple taxes, particularly on essential goods and services.
Adopting a motion of urgent public importance sponsored by Peter Aniekwe (LP, Anambra), the House also asked the Federal Government to consider alternative revenue generation strategies such as widening the tax net to capture more high-income earners, strengthening enforcement of existing tax laws, and plugging leakages in the system; exploring measures to increase export of cash crops and agricultural produces.
The parliament wants the National Orientation Agency and other relevant agencies to embark on an awareness campaign to educate the public on their tax rights and responsibilities and to report any cases of exploitation or unjust taxation to ombudsman.
