Business

LIRS, FIRS signs MoU on implementation of joint tax audit

Ihesiulo Grace 8 February 2023 0

By Joy Obakeye The Lagos State Internal Revenue Service (LIRS) and Federal Inland Revenue Service (FIRS) have signed a Memorandum of Understanding (MoU) on the exchange of information and implementation of a joint tax audit and investigation exercise. At the signing ceremony, theLagos State

Business

January 31 remains deadline for filing annual tax returns, LIRS insists

Ihesiulo Grace 27 January 2023 0

By Joy Obakeye The Lagos State Internal Revenue Service (LIRS) has insisted that the deadline for the filing of annual tax returns by employers of labour remains January 31, 2023. According to a statement signed by the head, of Corporate Communications of LIRS, Monsurat Amasa, this was made known by the Executive Chairman of the […]

Business

January 31 remains deadline for filing annual tax returns, LIRS insists

Ihesiulo Grace 26 January 2023 0

By Joy Obakeye The Lagos State Internal Revenue Service (LIRS), has insisted that the deadline for the filing of annual tax returns by employers of labour remains January 31, 2023. According to a statement signed by the head, of Corporate Communications of LIRS, Monsurat Amasa, this was made known by the Executive Chairman of the […]

News

BBNaija: LIRS urges Laycon to pay tax after cash reward

Ihesiulo Grace 29 September 2020 0

The Lagos Internal Revenue Service (LIRS) has urged Olamilekan Agbeleshe, self-styled ‘Laycon’ who is the winner of the 2020 edition of the Big Brother Nigeria reality TV show, , to pay his tax. Daily Times reports that LIRS made this known in a tweet on Monday, September 28, while congratulating him on his victory. “Congratulations […]

Business

Relief for taxpayers as LIRS extends deadline for filing returns to June 30

Ihesiulo Grace 1 June 2020 0

Taxpayers in Lagos state have been given till June 30 to file their Annual Tax Returns. This is according to the Lagos State Internal Revenue Service (LIRS) in a statement explaining that yearly returns for individuals (employees and self-employed persons) that was initially due for May 31, can now be filed on or before June 30. The […]

Business

LIRS extends deadline for filing annual returns to May 31

Ihesiulo Grace 1 April 2020 0

Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing of Annual Returns for Individual taxpayers including self-employed persons for two months from April 1 to May 31, 2020. This decision was made in view of the coronavirus pandemic altering socio-economic activities around the world and as part of the on-going efforts to […]

Featured Headlines

2020 Budget Implementation: LIRS to generate N500bn

Ihesiulo Grace 8 January 2020 0

The Lagos State Internal Revenue Service (LIRS) is to generate N500 billion toward the implementation of the 2020 budget, the state Commissioner for Economic Planning and Budget, Mr Sam Egube, has said. Giving newsmen a ‘Detailed Analysis of Year 2020 Budget’ of Lagos State in Ikeja on Tuesday, Egube said that the budget of N1.16 […]

Business

LIRS has enjoyed complete freedom – Sanwo-Olu

Ihesiulo Grace 6 November 2019 0

The autonomy enjoyed by the Lagos State Internal Revenue Service (LIRS) will not be tampered with, Governor Babajide Sanwo-Olu, pledged on Tuesday. The revenue agency, the Governor disclosed, has enjoyed unrestrained independence under his watch, stressing that his administration would continue to strengthen the agency to achieve its yearly revenue targets. Sanwo-Olu spoke

Law News

LIRS hails Paul Usoro’s ‘exemplary tax compliance’

Ihesiulo Grace 23 May 2018 0

The Executive Chairman of the Lagos State Government Internal Revenue Service, Ayo Subair has lauded the consistent commitment to responsibly remit taxes exhibited by Paul Usoro, SAN. In an official letter sent to the leading legal practitioner, the LIRS Chairman hailed Mr Usoro’s actions and appreciated his continued support and ongoing partnership with the Lagos […]

News

VAIDS represents last chance for tax offenders, Says LIRS Chairman

Ihesiulo Grace 30 September 2017 0

EXECUTIVE Chairman of the Lagos Inland Revenue Service (LIRS), Mr. Ayodele Zubair, has described the Voluntary Assets and Income Declaration Scheme (VAIDS) as the last chance for tax offenders to redeem themselves. Speaking Saturday on the sidelines of the International Conference of African Tax Administrations Forum (ATAF) holding in Abuja, Zubair said the scheme could

News

Lagos Launches CMR Portal, Number for Non-Emergency Services

Ihesiulo Grace 18 May 2015 0

Lagos has introduced an initiative known as Citizen Relationship Management (CRM) platform aimed at creating an open-governance and enable citizens to interact with officials of the government. Speaking at the CRM platform launch at Lagos House, Marina recently, Governor Babatunde Fashola explained why and how the nuts and bolts of the CRM platform were put […]

Business Economy

Lagos Captures 300,000 New Tax Payers in One Year

Ihesiulo Grace 16 April 2015 0

The Lagos State Government has announced that it has captured no fewer than 300,000 new tax payers in its tax net in the last one year. The Special Adviser to Gov. Babatunde Fashola on Taxation and Revenue, Mr. Bola Shodipo, made the disclosure at the 2015 ministerial news conference. He said the development meant that […]

News

Lagos IGR Hits N23b Monthly

Ihesiulo Grace 16 April 2015 0

Lagos State Government, on Wednesday, said its monthly Internally Generated Revenue (IGR) has increased from N20 billion in 2013 to N23 billion last year. The state government however said that 376 organisations were prosecuted for defaulting in their tax payment. Chairman of Lagos State Internal Revenue Service (LIRS), Mr. Tunde Fowler, who made the revelation […]