By Sylvia Kodilichukwu, Enugu
Anambra State Government has introduced the Voluntary Assets Income Declaration and Tax Regularization Scheme (VAIDS), which runs from 6 July, 2026, to 5 September, 2026.
This was disclosed in a public announcement by Executive Chairman (AIRS), Anambra Internal Revenue Service (AIRS), Ikeazor Okonkwo, who said that the scheme offers a one-time chance for taxpayers to fix their tax issues without facing the full penalties for not complying.
He explained that the scheme is available to everyone, including individuals, businesses, and other organisations that have unpaid taxes or fees, those who have not registered as taxable persons, those that are registered taxpayers with additional income, assets or liabilities to disclose.
Okonkwo further disclosed that also included are those that have failed to fully declare taxable income and assets, underpaid or under-remitted taxes or levies; those currently under tax audit or investigation; involved in a tax dispute with AIRS and have been issued Best of Judgement (BOJ) assessments and failed to respond within the statutory timelines.
He further noted that eligible taxpayers who make full and honest disclosure will enjoy 100 per cent waiver of penalties, 100 per cent waiver of accrued interest, immunity from prosecution for disclosed tax liabilities, immunity from tax audit for the periods covered by the declaration, flexible payment arrangements, subject to the approval of AIRS.
The AIRS boss, therefore, invited persons with undeclared income or assets, business owners, companies, partnerships, sole proprietors, taxpayers who owe taxes, unregistered taxpayers, and those who want to fix past tax declarations, to join.
Those interested should visit any of the AIRS offices or access the VAIDS portal at tax.services.an.gov.ng/vaids, he added.
Finally, Okonkwo warned that AIRS will commence full enforcement against defaulting taxpayers upon the expiration of the scheme on 5 September, 2026.
*PHOTO CAPTION: Governor Charles Soludo of Anambra State.
