SWIT Calls For Use Of Technology To Drive Tax Collection, Revenue Growth

The Society of Women in Taxation (SWIT) under the leadership of Dr. Abiola Adimula, Esq, FCTI has called for the use of technology to drive the collection of tax and as well the growth of revenue in the country.

This call was made at the SWIT 24th Annual Conference that held on 17th May, 2022 at the International Conference Centre Abuja.

The organisation disclosed this in a communique issued to the News Agency of Nigeria (NAN) at the end of it’s 2022 Annual Seminar with the theme: Taxation and Digitalisation : Effect on Women Owned Businesses.

The communique said that this could be achieved through the expansion of tax bases.

The communique quoted the President of Chartered Institute of Taxation in Nigeria (CITN), Mr Adedayo Adesina, mni, FCTI to have extolled the role of women in shaping the growth of the industry.

Adesina emphasised that SWIT’s scope was limitless compared to other professional women organisations whose scope were limited to their area of specialisation.

He, however, admonished SWIT to expand her scope beyond Nigeria and be the pacesetter in the professional women’s organisations arena.

He also advised SWIT on effective collaboration between all stakeholders in our professional area and for SWIT to establish a standing committee on women businesses that would provide the requisite direction for growth of women businesses.

Also, speaking on Tax Digitalisation and Challenges of getting Informal Sector into the Tax Net, Dr Ifueko Omoigui-Okauru, Former Chairman, Federal Inland Revenue Service (FIRS) said government should build systems that would build the tax base.

Omoigui-Okauru also said that there was need for the government to use technology to drive all their activities from car park collections to MDAs activities.

“Government must help businesses develop through the provision of infrastructures that will enhance and transform businesses.

“Provision of power is very essential for digitalisation. Technology is no longer a thing for just the IT people but for everyone.

” So, government must build the trust, credibility and confidence in the tax system to encourage compliance with tax payment,”he said.

He added that tax authorities must also develop skills and capacity building amongst its staff by engaging in both tax education and awareness of tax payers and as well modelling of tax payers right behaviour to taxation.

He stressed the need for collaboration between all tax authorities and stakeholders, adding that CITN must get involved in professional tax systems for tax professionals.

Also, Hajia Nana Obomeghie, the Executive Secretary of Joint Tax Board said that only
23 tax authorities had been fully digitised with
10 in the process of digitisation.

Obomeghie said that four tax authorities had not digitized while calling for the deployment and harmonisation of technology, training of illegal collectors to be able to collect legally.

She enumerated the advantages of digitisation as increasing revenue growth, reduced cost of collection, identifying and profiling of tax payers in assessing tax payers in a digital way.

According to her, Nigerians do not know their rights when it comes to taxation. Tax to GDP ratio is still 6percent with informal sector contributing about 65% to our GDP.

“98percent of tax payments in the informal sector is not getting to the government purse.

” In 2017, informal sector contributes 2.84% to total tax collection, contributes 3.75% in 2018, 3.57% in 2019, 2.84% in 2020 and 3% in 2021,” she said. (NAN).