Skye Bank Plc has been appointed by the Rivers State government to collect taxes, levies and fees due to the stateâ€™s Board of Internal Revenue, ministries, departments and agencies under its new policy of â€œPay Direct Systemâ€.
The new system of direct payment of taxes and fees to banks in Rivers States came into effect on October 1, and would enable tax payers to make payments directly to the banks.
A statement signed by Skye Bankâ€™s Head of Corporate Affairs, Kayode Akinyemi, said that the bank would collect on behalf of the Rivers State Board of Internal Revenue, taxes which include personal income tax, stamp duties, road taxes as well as property tax , licenses and capital gains tax.
The statement further said the bank would collect, on behalf of the Ministry of Transportation, fees relating to fuel badge/moving station, marine engineering workshop, revenue from MOT, vehicle examination, MOT Sticker Fees and others.
The bank also explained that its mandate covered collection of fees for other ministries, departments and agencies of the Rivers State government. It therefore asked the good people of the state to take advantage of its wide branch network in the state to pay their taxes with ease.
The statement said tax payers would be issued e-receipts immediately if they make cash payment, while the e-receipts would be issued after three days if the mode of payment was cheque.
The Rivers State government said the introduction of the new and simple method of tax payment was informed by the need to make payments much easier and less cumbersome for the people of the state, and urged them to co-operate with the government.
Skye Bank has demonstrated expertise and skills in revenue collections, having collected and still collects for the Nigeria Customs Service, several states of the federation, JAMB and other agencies, departments and parastatals of both the federal and state governments.