Nigeria In One Minute
Property owners in UK jostle to regularize tax records in Nigeria
Nigerians who own property in the United Kingdom (UK) at the weekend jostled to regularise their tax records in Nigeria to save the forfeiture of their property to the UK Government under that country’s recently enacted Unexplained Wealth Order (UWOs) regulation.
This measure led to a collapse of hotline telephone numbers of government’s Voluntary Assets and Income Declaration Scheme (VAIDS) in their desperate attempts.
A top shot of the VAIDS secretariat at the Federal Ministry of Finance who spoke to The Guardian under condition of anonymity yesterday said the ministry was working hard to restore the crashed system to enable the VAIDS secretariat carry on its function to tax payers requiring advisory services on their tax obligations before March 31, 2018 amnesty programme of the Nigerian government.
He explained that though the dedicated and confidential hotlines were provided to enable the booking of appointments, the weekend’s calls onslaught was more than the system could accommodate.
The Guardian, February 12, 2018
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