By Vincent Ujumadu
The Anambra State Government has launched the Voluntary Assets, Income Declaration and Tax Regularisation Scheme (VAIDS), offering taxpayers a limited opportunity to regularise their tax records without incurring the full penalties associated with non-compliance.
The scheme, which runs from July 6 to September 5, 2026, is open to individuals, businesses and other organisations with outstanding tax obligations.
The Commissioner for Information and Value Reformation, Dr. Law Mefor, said the initiative is aimed at encouraging voluntary tax compliance by allowing eligible taxpayers to declare previously undisclosed income, assets and tax liabilities.
According to him, the scheme covers unregistered taxpayers, registered taxpayers with additional income, assets or liabilities to declare, those who have underreported taxable income or assets, and individuals or organisations that have underpaid or under-remitted taxes and levies.
