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

Business

Covid-19: FIRS rolls out palliative measures for taxpayers

Ihesiulo Grace 7 April 2020 0

The Federal Inland Revenue Service says it is rolling out palliatives to cushion the effects of COVID-19 on Nigeria’s taxpayers. FIRS chairman, Muhammad Nami in a statement said that following the Federal Government’s lockdown of FCT, Lagos, and the Ogun States on 29th March 2020 as one of the measures to contain the spread of […]

Business

FCT IRS explains reason for sending SMS to taxpayers

Ihesiulo Grace 8 March 2020 0

 The Federal Capital Territory Internal Revenue Service (FCT IRS) says the Short Message Service (SMS) sent to federal workers and those residence in the territory is in order. According to the Executive Chairman of FCTIRS Mr Abdullahi Attah, the SMS is in compliance with the law which mandates the Service to do so. Attah said […]

Business

FIRS issues deadline for taxpayers to obtain TIN

Ihesiulo Grace 28 February 2020 0

The Federal Inland Revenue Service (FIRS) has set a deadline for all taxpayers and organisations to obtain Tax Identification Numbers (TINs). The agency expects all documents supporting business transactions to display the TIN before April 12, 2020. READ ALSO: NDIC wins N1.4bn debt recovery case against debtor of defunct Gulf Bank This deadline was given […]

Business Headlines

Fraud: FG investigates over 200 whistleblowing tips on tax officials, taxpayers

Ihesiulo Grace 28 January 2018 0

…suspends 2 senior tax officials, vows to root out fraudsters in tax offices .. To fast-track action on tips on revenue generating agencies The Federal Government has begun investigation into over 200 whistleblowing tips on tax officials and taxpayers, which involves under declaration of taxes, as well as demand by taxpayers and receipt of gratifications […]

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 […]