Actress, Iyabo Ojo cries out over excessive LIRS taxation
Nollywood actress and movie producer, Iyabo Ojo may have to discontinue doing business in Lagos State soon.
This is because the Lagos State Internal Revenue Service has slammed her with almost N38M as a personal income tax for the year 2014 to 2017.
The single mother of two, who opened a multi-million naira edifice in Lekki named Fespris Lounge & Bar in September 2017, and also houses an Amala spot and beauty salon, wonder how the government expects her to raise that amount with a business, which she is still struggling to build, and the poor remuneration in acting, which is famous for.
She called on her fans to help beg the government to pity her or she might resolve to early retirement.
In an Instagram post on Thursday night, the actress wrote: “Well! It’s so sad that I may have to finally close down my business soon ?….. because I don’t even know how or where to start this negotiation with Lagos State from, I’m still struggling with making profit, after paying rent, salaries, maintenance, electricity, local & state govt taxes in different categories & levy, I hardly make little or no profit …. My fellow Nigerians I have been asked to pay almost 38m for my Personal income tax to Lagos state? ALMOST 38M NAIRA ……… Personal income bawo? #Lagosstate how? 2014 – 2017 I was still struggling with my small business in Ikeja like I’m still even doing now or is it from my acting that we are poorly paid or from where now? pls can someone help me explain how they arrive @ these calculations, almost 38m naira, please you people should kuku sell me, myself & I ? i dont even know where you want me to get this kind of money from ……. E ma gba mi ke @jidesanwoolu ni bo ni mo ti fe ri iru owo to po to yii? Seriously I’m not understanding @ all o, I be single mother with plenty bukata oooo, I’m confused……….. Retiring looks like the next option o ??♀ bcos doing business is very frustrating in Nigeria…”