Lagos generated N25bn during lockdown, leveraging on technology – Head ICT-LIRS
The Lagos Inland Revenue Service (LIRS) says it generated a whooping N25 billion through taxation in April when there was total lockdown.
Lagos extends filing of annual tax returns to mitigate COVID-19 impact
Lagos State Government, in her continuous effort to provide the much-needed relief to tax-payers and mitigate the economic impact of COVID-19 pandemic
Lagos extends deadline for filing of annual returns to June 30
Lagos State Government, in her continuous effort to provide the much needed relief to taxpayers and mitigate the economic impact of Covid-19 pandemic, has through the Lagos State Internal Revenue Service (LIRS) further extended the deadline for filing of Annual Tax Returns to June 30, 2020.
Lagos revenue body extends deadline for filing of returns
In view of the coronavirus pandemic altering socio-economic activities worldwide and as part of the on-going efforts to mitigate the effect on businesses and taxpayers, the Lagos State Internal Revenue Service
Lagos to unveil e-platform for informal sector tax regularisation
Acknowledging that over 65 per cent of traders are engaged in informal trade, the Lagos Internal Revenue Service (LIRS), has announced plans to roll out an e-platform in March
NITDA to investigate breach of data protection regulation by Lagos State Internal Revenue Service
The National Information Technology Development Agency (NITDA) is to investigate the Lagos State Internal Revenue Service (LIRS) for allegedly displaying on a web portal...
LIRS sets 2020 deadline for companies to complete PAYE registration
The Executive Chairman, Lagos Internal Revenue Service (LIRS), Ayodele Subair has implored companies to register all employees on the Pay As You Earn (P.A.Y.E) before the end of 2020 to ensure fulfilment of their civic responsibilities.
Sanwo-Olu promises not to hurt residents over tax drive
Lagos State Governor Babajide Sanwo-Olu yesterday said that the drive to increase the state’s Internally Generated Revenue (IGR) would not hurt the residents. He also pledged not to tamper with the autonomy enjoyed by the Lagos State Internal Revenue Service (LIRS).
Tax evasion: Jay-Jay Okocha, Lagos government settle out of court
A Lagos State prosecutor, Y. A. Pitan, on Wednesday said a former Super Eagles’ Captain, Augustine Okocha, accused of income tax evasion since 2017, had finally settled with the Lagos Internal Revenue Service (LIRS). She told an Igbosere High Court in Lagos that the LIRS informed it that the defendant visited its office and reconciled…
VAT designed to support, not burden poor Nigerians, says Fowler
Chairman, Federal Inland Revenue Service (FIRS), Babatunde Fowler, yesterday said Value Added Tax (VAT) is designed to support poor Nigerians and not create hardship for them. He explained that it is charged on consumption and capacity to consume, noting that revenue generated from VAT is channeled towards assisting the poor by providing basic amenities. Fowler…