Business
Simplify Tax Laws, FIRS Urges Assemblies
The chairman of Fed
eral Inland Revenue service (FIRS), Mr Samuel Sunday Ogungbesan, has stated the need for the House of Assembly to simplify tax laws.
This, he said, would help the service that is relying on technology to do tax business and also increase the level of compliance from the masses.
The FIRS boss, who made this known in an interview with newsmen last Friday, said that the service will be a very strong force to reckon with in eight years time.
He noted that if the masses pay their taxes as at when due it would be easy for the nation to build a strong economy, adding that FIRS has a unique identifier.
Ogungbesan stated that the service has addressed the deficit in the 2015 budget, adding that revenue collection was underestimated in 2014.
He noted that there were lapses in the system before now which resulted in bringing together Ministry of Finance and that of Commerce and Industry, adding that this has saved a lot of cost. FIRS boss also said that FIRS borrowed the method of tax waiver from South Africa which has been very helpful in tax administration, adding that at the state level “the service is focusing on registration”.
He called on individuals, companies and states to ensure strict compliance to better the economy of the country.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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