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Ambode Issues Deadline For Payment Of Land Use Charge: Real Estate : Nigerialog.com - Nigeria's Premier Online Forum

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Ambode Issues Deadline For Payment Of Land Use Charge

By: Gideon |Time : March 27, 2017, 11:41:48 AM
Akinwunmi Ambode -led Lagos state government has given landed property owners till April 14 to pay the state Land Use Charge, or risk losing the benefit of enjoying 15 per cent discount for paying the levy.
Director, Public Affairs, Ministry of Finance, Mrs. Modupe Ileyemi, said this in a statement on Saturday.
The official said the state government was keen on early payment of the land-use charge to ensure the state continues to excel and its citizens enjoy the laudable programmes of the present administration.
Ileyemi, in a statement, said it was important to note that late payment or non-payment of the Charge on an annual basis will attract accrued penalties and accumulation of arrears, which is why prompt payment is strongly advised.
She said: “The Land Use charge is a consolidation of all property and land based rates and charges payable under the Land Rates Law, the Neighbourhood Improvement Charge Law and Tenement Rates Law in Lagos State.
“The revenue accrued from this charge is used for infrastructural development in the state.”
http://www.newshelm.com/2017/03/ambode-issues-deadline-for-payment-of.html

Re: Ambode Issues Deadline For Payment Of Land Use Charge

By: ifeanyia (M) |Time : March 27, 2017, 05:11:17 PM
Quote
The Land Use charge is a consolidation of all property and land based rates and charges payable under the Land Rates Law, the Neighbourhood Improvement Charge Law and Tenement Rates Law in Lagos State.
“The revenue accrued from this charge is used for infrastructural development in the state
.” 

Tax ideas are usually good on paper, until later when the revenue would be diverted, the purpose ignored or forgotten, and the tax outlives the originators.
Thread with caution.

Re: Ambode Issues Deadline For Payment Of Land Use Charge

By: alagbe003 (M) |Time : March 27, 2017, 08:10:26 PM
The funds generated from this payment should be properly utilized

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