Governor of Sokoto State, Aminu Tambuwal has approved tax relief for businesses and suspension of levies for tax payers to cushion effects COVID-19 pandemic and also signed a revised 2020 appropriation bill of N164 billion.
Governor Tambuwal expressed satisfaction “with the new document which went through the mandatory legislative procedures” while signing the revised Appropriation Bill document before the commencement of the State Executive Council meeting.
The former appropriation document was N202,345,425,942.68.
Commissioner for Finance, Abdussamad Dasuki, revealed while briefing reporters shortly after the Exco meeting that the government also provided tax reliefs and incentives for tax payers and businesses to cushion the effects of the Covid-19 pandemic on residents and businesses operating in the state.
Dasuki also revealed that the introduction of electronic payment platforms is to ease payment.
“The state government has also suspended the annual tax audit exercise for educational and entertainment sectors from March 1, 2020 to August 31, 2020,” he said.
As explained by the commissioner, collection of land use charge for residential and commercial properties in the state had been extended from March 1, 2020 to September 30,2020.
He also revealed that imposition of all presumptive tax levied on all businesses operating in the informal sectors has been suspended by the government from April 1, 2020 till December 31, 2020.