In compliance with the stipulations outlined in the Personal Income Tax Amendment Act (PITA) Cap P8 2011, the Lagos State Internal Revenue Service (LIRS) has issued a formal notification to all individual taxpayers, including self-employed individuals and employees under the PAYE Scheme to file their Annual Tax Returns on or before 31st March 2024. LIRS’ Executive Chairman, Mr. Ayodele Subair …

In view of the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS) has extended the filing of employers’ annual tax returns by one week, from 1st to 7th February 2024. LIRS Executive Chairman, Mr. Ayodele Subair conveyed this in a public notice released by the agency on Tuesday. Statutorily, the filing of annual tax …

The Lagos State Internal Revenue Service (LIRS) has communicated a reminder to employers of labour to submit their annual tax returns on or before the stipulated deadline of 31st January 2024. The agency explained that this is in accordance with applicable tax legislation. In a statement, the agency’s Executive Chairman, Mr. Ayodele Subair said that employers of labour with businesses …

The Lagos State Internal Revenue Service (LIRS) has urged owners of restaurants, hotels, and event centres operating in the state to contribute to the state’s development by prioritising the monthly collection and remittance of a five per cent consumption tax on all consumables and personal services. On 22nd June 2009, the state enacted the Hotel Occupancy and Restaurant Consumption Law …

Lagos State Government has sealed a bilateral agreement with the Federal Government to harmonise tax administration, raise system efficiency and proffer solution to challenges of multiple taxation. On Monday, Governor Babajide Sanwo-Olu presided over a ceremony where Federal Inland Revenue Service (FIRS) and Lagos State Inland Revenue Service (LIRS) signed a Memorandum of Understanding (MoU) to establish a joint tax …

The Lagos State Internal Revenue Service (LIRS) has announced that 31 January remains the deadline for filing the annual tax returns by employers of labour. According to a statement on Sunday by the Head of Corporate Communications at LIRS, Monsurat Amasa, the Executive Chairman, Mr Ayodele Subair said that all businesses and employers of labour residents within the state must …

The Lagos State Internal Revenue Service (LIRS) has assured that its Whistle-Blower Initiative would deepen transparency, and accountability and uphold a high standard in the administration of the tax system in the state. At the official launch of the initiative in Lagos on Friday, LIRS Executive Chairman, Ayodele Subair said the platform was introduced to encourage the reporting of illegal …

The Lagos State Internal Revenue Service (LIRS) will on Friday launch its whistle-blower initiative, a state-wide project which was introduced to provide a platform for employees, stakeholders and the general public to report any observed violation, misconduct, or unethical behaviour across the state. A public notice signed by its Executive Chairman, Ayodele Subair explains that the whistle-blower initiative is a …

The comprehensive renovation of Revenue House of the Lagos State Government will be completed by the end of August, with the contractor putting finishing touches on the imposing edifice located in Alausa, the state’s seat of government. On Monday, Governor Babajide Sanwo-Olu led an on-the-site inspection of the ongoing renovation work at the eight-storey building, formerly known as Elephant House, …