For non compliance NRA seals SALHOC office
A team from the Enforcement and Debt Management unit under the Income Tax Department of the National Revenue Authority (NRA) under the command of Komba Karimu, over the week sealed the premises of Guma Valley Water Company.
The office housing the Sierra Leone Housing Corporation at Siaka Stevens Street was shot down by NRA for failing to comply in the payment of PAYEE, withholding and cooperate taxes as enshrined in the laws of Sierra Leone.
Guma Valley Water Company owed the NRA a sum total of ten billion four hundred and fifty two million Leones.
Such was due to failure of payment of PAYEE corporate taxes and 5% withholding taxes since January 2003 to date.
SALHOC is said to have owed NRA the sum of two hundred and ninety eight million nine hundred and sixty thousand Leones on withholding taxes start 2005 to 2010.
Before the commencement of the sealing exercise by NRA, the General Manager of Guma Valley Water Company, Ibrahim Wilson, disclosed reasons of his organization’s non compliance of payment of taxes.
According to him, it was due to the fact that government institutions have not been paying dues; referring to Connaught Hospital and Youyi building as direct examples.
He also disclosed how SALHOC has no option but to allow NRA carry out their work in shutting down the building.
It is revealed that NRA has given a ten day ultimatum for payment of money owed failing which, assets of the organization will be confiscated and disposed of.
The exercise, according NRA, is aimed at chasing two main taxes – PAYEE and Corporate, as approved by an Act of Parliament.
That the exercise has no semblance of witch-hunting any body but to ensure the payment of taxes as called for by law.
Workers of Guma Valley Water Company are said to have threatened to hold back on the supply of water to homes in the city should monies owed them are not paid.
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