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No Deadline Extension For Tax Return Filing, LIRS Warns

No Deadline Extension For Tax Return Filing, LIRS Warns   The Lagos State Internal Revenue Service (LIRS) has warned that there is no plan to extend the deadline for filing individual yearly tax returns beyond the statutory March 31 deadline. The Executive Chairman, Ayodele Subair, disclosed this...

LIRS Targets N550bn For Transformation

LIRS Targets N550bn For Transformation   Lagos State Internal Revenue Service (LIRS) is targeting N550 billion revenue to assist the government to transform the state. Director, Personal Income Tax, LIRS, Ayodele Adebayo, who spoke in Lagos yesterday, noted that there was an increasing population coming into the...

Sanwo-Olu Signs VAT Bill Into Law

Sanwo-Olu Signs VAT Bill Into Law     Lagos State Governor Babajide Sanwo-Olu on Friday signed into law the State VAT Bill. The state commissioner for information and strategy Gbenga Omotosho in a statement said the governor signed the “bill for a law to impose and charge VAT...

Lagos State Govt Earned N418bn From Tax In 2020 – LIRS

Lagos State Govt Earned N418bn From Tax In 2020 – LIRS         Lagos State Government raked in N418bn as tax revenues in 2020 despite the outbreak of the COVID-19 pandemic, the state’s internal revenue service has said. A statement issued on Sunday by the States Fiscal Transparency...

LIRS Extends Deadline For Individual Annual Tax Returns’ Filling

LIRS Extends Deadline For Individual Annual Tax Returns’ Filling       Lagos State Internal Revenue Service has extended the deadline for filing of individual annual tax returns by two weeks starting from April 1 to April 14, 2021. It said in a statement titled ‘LIRS extends deadline for...

LIRS Issues January 31 Deadline For Annual Tax Returns

LIRS Issues January 31 Deadline For Annual Tax Returns         The Lagos State Internal Revenue Service has urged all employers of labour in Lagos State to file their company annual tax returns on or before the statutory deadline of January 31, 2021. It said it was necessary...