Lagos to tax remote workers, social media influencers. Here is what this means for you

Through the expansion of additional tax payers, the Resident Global Digital Citizen Tax Management System will manage taxes for remote workers, freelancers, gig workers, influencers, and shared economy operators.

If you are a remote worker or content creator in Lagos State, chances are that you may have to part with some of your earning as tax to the Lagos State Government.

In a synopsis document for the upcoming EKO Revenue Plus Summit, the Lagos State Government has unveiled progressive plans to generate N200 billion annually through taxes.

This will be achieved by expanding the income tax baseline to include remote workers and digital influencers operating within the state.

In the document, the government identified four core sub-sectors of the economy with significant revenue potential.

“The identified sub-sectors in order of priority are PROPERTY, DIGITAL ECONOMY, INFORMAL SECTOR, and CIRCULAR ECONOMY,” the document partly read.

These sectors, supported by ENERGY & IPPs as a catalyst for broader economic development, aim to achieve an additional IGR of about N2.73 trillion.

Through the digital economy, Lagos State plans to allocate N20 billion with a projected revenue of N750 billion. The reven…