Connect with us

LIRS

  •  The Lagos Internal Revenue Service LIRS through Deloitte a leading professional firm on Friday unveiled its whistle blowing tip off channels to drive transparency accountability and general public inclusivity in the affairs of the state The News Agency of Nigeria reports that whistle blowing is the act of drawing public attention or the attention of an authority figure to perceived wrongdoing and unethical activity within public private or third sector organisations NAN also reports that the whistle blowing service provides multilingual multiple reporting channels such as toll free hotlines web portal email and a mobile application Mr Ayodele Subair the Executive Chairman LIRS at the launch of the Deloitte Tip Off Anonymous for LIRS on Friday in Lagos said the LIRS was chosen for the pilot phase due to its multi faceted interface with the general public The launch Subair said asides from seeking to enlighten and sensitise the tax paying public on the initiative was hinged on the commitment of the agency and the government to ensuring high ethical standards in all its business processes He said the LIRS with the state ministry of finance having an oversight function subscribed to the Deloitte Anonymous and Confidental Whistle Blowing Facility Subair said that the facility would promote an enabling climate for employees and other relevant stakeholders to report wrongdoings illegal actions or financial crimes noticed and or observed in the LIRS administrative and operational activities This he said would be done without fear of backlash as it would assist in evaluating and improving existing system and assess key practices necessary to create an effective speak up culture Subair said Deloitte s engagement as independent assessor was to ensure an objective and unbiased review of issues raised This whistleblowing facllity would involve the reporting of acts of commission or omission that border on unethical conduct of employees management and other stakeholders by an employee or other interested person s through designated channels to appropriate authorities The aim of this policy is to encourage employees and other stakeholders who have serious concerns about any aspect of the agency s operations to come forward and voice those concerns The facility is designed to ensure that concerns about wrongdoing or malpractice within the agency can be raised by any stakeholder without fear of victimisation subsequent discrimination disadvantage of dismissal This facility does not only provide the avenue to report but ensures credibility of reports through investigation feedback to the whistle blower and ensures protection for such whistle blower from possible reprisals or victimisation for all disclosures made in good faith he said Subair added that all concerns would be treated in confidence with efforts toward concealing the identity of the whistle blower with anonymous reports considered for seriousness credibility and possibility of confirmation from other sources He however said anonymity would make it much more difficult to protect the position of the whistle blower or to give feedback The whistle blowing framework is a two way affair aiming to expose LIRS staff involved with misconduct employees of business entities who want to report employers who circumvent tax laws It also helps members of the public who want to raise an alarm on persons or entities who wilfully commit financial crimes leading to revenue loss for the state It is noteworthy to mention that all reports must be made in good faith as allegations made frivolously maliciously or for personal gain would attract appropriate sanctions We are hopeful that all our stakeholders will join us on this journey of purposeful engagements toward achievement of high standards of ethical conduct in the public service space inclusive of dealings with and within LIRS he said Dr Rabiu Olowo Lagos Commissioner for Finance said the state government through the ministry approved the facility to provide channel of reporting by stakeholders employees and the general public Olowo noted that research showed that every minute in the workplace wrongdoing was observed daily but people were left with very few choices leading to the decision to remain silent concluding that nothing could be done He said the initiative would remind people of their civic responsibility to report wrongdoing in workplace or in doing business with the government He added that the scheme would create a culture of accountability raising the awareness of stakeholders on the responsibility of speaking up to foster a sound and effective corporate governance system Without reporting it there is nothing we can do so launching this initiative today presents a channel that can be trusted and the least we can do is to discharge them of any reprisal The LIRS was chosen for the pilot scheme because it represents a framework cuts across and interacts with almost all Ministries Departments and Agencies LIRS has over the years increased the state revenue with its present monthly average at N42 billion and reporting any misdemeanor that is not in line with the ethics of the government can shore up revenue he said Mr Samuel Egube Commissioner Economic Planning and Budget Lagos said citizens participation in governance via the whistleblower initiative opens up the state to accountability transparency Citizens improved participation through channels like this would stimulate trust and lead to all round growth and development he said Mr Beulah Adeoye Partner Deloitte said the initiative was a whistle blowing facility that affords callers the opportunity to raise concerns regarding wrongdoing fraud or unethical behaviour within the workplace and report it to an independent party He listed attitudes depicting fraud to include asset misappropriation corruption embezzlement forgery insider trading maltreatment money laundering rebellion nepotism threat and violent behaviour Others are dishonesty bullying bribery harassment expense claim abuse kickback stealing under invoicing misuse of authority bribery and over invoicing He stated that key notes in making a report taking precautions no malicious calls provision of all available information However a report is not an evidence The charge is when you see something you say something and when you say something you must be protected from the backlash that comes from it to foster a more ethical culture in our workplaces he said NewsSourceCredit NAN
    LIRS unveils whistleblower tip-off channel to drive transparency, accountability
     The Lagos Internal Revenue Service LIRS through Deloitte a leading professional firm on Friday unveiled its whistle blowing tip off channels to drive transparency accountability and general public inclusivity in the affairs of the state The News Agency of Nigeria reports that whistle blowing is the act of drawing public attention or the attention of an authority figure to perceived wrongdoing and unethical activity within public private or third sector organisations NAN also reports that the whistle blowing service provides multilingual multiple reporting channels such as toll free hotlines web portal email and a mobile application Mr Ayodele Subair the Executive Chairman LIRS at the launch of the Deloitte Tip Off Anonymous for LIRS on Friday in Lagos said the LIRS was chosen for the pilot phase due to its multi faceted interface with the general public The launch Subair said asides from seeking to enlighten and sensitise the tax paying public on the initiative was hinged on the commitment of the agency and the government to ensuring high ethical standards in all its business processes He said the LIRS with the state ministry of finance having an oversight function subscribed to the Deloitte Anonymous and Confidental Whistle Blowing Facility Subair said that the facility would promote an enabling climate for employees and other relevant stakeholders to report wrongdoings illegal actions or financial crimes noticed and or observed in the LIRS administrative and operational activities This he said would be done without fear of backlash as it would assist in evaluating and improving existing system and assess key practices necessary to create an effective speak up culture Subair said Deloitte s engagement as independent assessor was to ensure an objective and unbiased review of issues raised This whistleblowing facllity would involve the reporting of acts of commission or omission that border on unethical conduct of employees management and other stakeholders by an employee or other interested person s through designated channels to appropriate authorities The aim of this policy is to encourage employees and other stakeholders who have serious concerns about any aspect of the agency s operations to come forward and voice those concerns The facility is designed to ensure that concerns about wrongdoing or malpractice within the agency can be raised by any stakeholder without fear of victimisation subsequent discrimination disadvantage of dismissal This facility does not only provide the avenue to report but ensures credibility of reports through investigation feedback to the whistle blower and ensures protection for such whistle blower from possible reprisals or victimisation for all disclosures made in good faith he said Subair added that all concerns would be treated in confidence with efforts toward concealing the identity of the whistle blower with anonymous reports considered for seriousness credibility and possibility of confirmation from other sources He however said anonymity would make it much more difficult to protect the position of the whistle blower or to give feedback The whistle blowing framework is a two way affair aiming to expose LIRS staff involved with misconduct employees of business entities who want to report employers who circumvent tax laws It also helps members of the public who want to raise an alarm on persons or entities who wilfully commit financial crimes leading to revenue loss for the state It is noteworthy to mention that all reports must be made in good faith as allegations made frivolously maliciously or for personal gain would attract appropriate sanctions We are hopeful that all our stakeholders will join us on this journey of purposeful engagements toward achievement of high standards of ethical conduct in the public service space inclusive of dealings with and within LIRS he said Dr Rabiu Olowo Lagos Commissioner for Finance said the state government through the ministry approved the facility to provide channel of reporting by stakeholders employees and the general public Olowo noted that research showed that every minute in the workplace wrongdoing was observed daily but people were left with very few choices leading to the decision to remain silent concluding that nothing could be done He said the initiative would remind people of their civic responsibility to report wrongdoing in workplace or in doing business with the government He added that the scheme would create a culture of accountability raising the awareness of stakeholders on the responsibility of speaking up to foster a sound and effective corporate governance system Without reporting it there is nothing we can do so launching this initiative today presents a channel that can be trusted and the least we can do is to discharge them of any reprisal The LIRS was chosen for the pilot scheme because it represents a framework cuts across and interacts with almost all Ministries Departments and Agencies LIRS has over the years increased the state revenue with its present monthly average at N42 billion and reporting any misdemeanor that is not in line with the ethics of the government can shore up revenue he said Mr Samuel Egube Commissioner Economic Planning and Budget Lagos said citizens participation in governance via the whistleblower initiative opens up the state to accountability transparency Citizens improved participation through channels like this would stimulate trust and lead to all round growth and development he said Mr Beulah Adeoye Partner Deloitte said the initiative was a whistle blowing facility that affords callers the opportunity to raise concerns regarding wrongdoing fraud or unethical behaviour within the workplace and report it to an independent party He listed attitudes depicting fraud to include asset misappropriation corruption embezzlement forgery insider trading maltreatment money laundering rebellion nepotism threat and violent behaviour Others are dishonesty bullying bribery harassment expense claim abuse kickback stealing under invoicing misuse of authority bribery and over invoicing He stated that key notes in making a report taking precautions no malicious calls provision of all available information However a report is not an evidence The charge is when you see something you say something and when you say something you must be protected from the backlash that comes from it to foster a more ethical culture in our workplaces he said NewsSourceCredit NAN
    LIRS unveils whistleblower tip-off channel to drive transparency, accountability
    Economy2 months ago

    LIRS unveils whistleblower tip-off channel to drive transparency, accountability

    The Lagos Internal Revenue Service (LIRS) through Deloitte, a leading professional firm, on Friday unveiled its whistle-blowing tip off channels to drive transparency, accountability and general public inclusivity in the affairs of the state.

    The News Agency of Nigeria reports that whistle-blowing is the act of drawing public attention, or the attention of an authority figure, to perceived wrongdoing and unethical activity within public, private or third sector organisations.

    NAN also reports that the whistle-blowing service provides multilingual, multiple reporting channels such as toll-free hotlines, web portal, email and a mobile application.

    Mr Ayodele Subair, the Executive Chairman, LIRS, at the launch of the “Deloitte Tip-Off Anonymous for LIRS” on Friday in Lagos, said the LIRS was chosen for the pilot phase due to its multi-faceted interface with the general public.

    The launch, Subair said, asides from seeking to enlighten and sensitise the tax-paying public on the initiative was hinged on the commitment of the agency and the government to ensuring high ethical standards in all its business processes.

    He said the LIRS, with the state ministry of finance, having an oversight function, subscribed to the Deloitte Anonymous and Confidental Whistle-Blowing Facility.

    Subair said that the facility would promote an enabling climate for employees and other relevant stakeholders to report wrongdoings, illegal actions or financial crimes noticed and or observed in the LIRS administrative and operational activities.

    This, he said, would be done without fear of backlash as it would assist in evaluating and improving existing system and assess key practices necessary to create an effective speak-up culture.

    Subair said Deloitte’s engagement as independent assessor was to ensure an objective and unbiased review of issues raised.

    “This whistleblowing facllity would involve the reporting of acts of commission or omission that border on unethical conduct of employees, management, and other stakeholders by an employee or other interested person(s) through designated channels to appropriate authorities.

    “The aim of this policy is to encourage employees and other stakeholders who have serious concerns about any aspect of the agency’s operations to come forward and voice those concerns.

    “The facility is designed to ensure that concerns about wrongdoing or malpractice within the agency can be raised by any stakeholder without fear of victimisation, subsequent discrimination, disadvantage of dismissal.

    “This facility does not only provide the avenue to report, but ensures credibility of reports through investigation, feedback to the whistle-blower and ensures protection for such whistle-blower from possible reprisals or victimisation for all disclosures made in good faith,” he said.

    Subair added that all concerns would be treated in confidence with efforts toward concealing the identity of the whistle-blower with anonymous reports considered for seriousness, credibility and possibility of confirmation from other sources.

    He, however, said anonymity would make it much more difficult to protect the position of the whistle-blower or to give feedback.

    “The whistle blowing framework is a two-way affair aiming to expose LIRS staff involved with misconduct, employees of business entities who want to report employers who circumvent tax laws.

    “It also helps members of the public who want to raise an alarm on persons or entities who wilfully commit financial crimes leading to revenue loss for the state.

    “It is noteworthy to mention that all reports must be made in good faith as allegations made frivolously, maliciously or for personal gain would attract appropriate sanctions.

    “We are hopeful that all our stakeholders will join us on this journey of purposeful engagements toward achievement of high standards of ethical conduct in the public service space inclusive of dealings with and within LIRS,” he said.

    Dr Rabiu Olowo, Lagos Commissioner for Finance, said the state government through the ministry approved the facility to provide channel of reporting by stakeholders, employees and the general public.

    Olowo noted that research showed that every minute, in the workplace, wrongdoing was observed daily but people were left with very few choices, leading to the decision to remain silent, concluding that nothing could be done.

    He said the initiative would remind people of their civic responsibility to report wrongdoing in workplace or in doing business with the government.

    He added that the scheme would create a culture of accountability, raising the awareness of stakeholders on the responsibility of speaking up to foster a sound and effective corporate governance system.

    “Without reporting it, there is nothing we can do, so launching this initiative today presents a channel that can be trusted and the least we can do is to discharge them of any reprisal.

    “The LIRS was chosen for the pilot scheme because it represents a framework cuts across and interacts with almost all Ministries, Departments and Agencies.

    “LIRS has over the years increased the state revenue with its present monthly average at N42 billion and reporting any misdemeanor that is not in line with the ethics of the government can shore up revenue,” he said.

    Mr Samuel Egube, Commissioner, Economic Planning and Budget, Lagos, said citizens’ participation in governance via the whistleblower initiative opens up the state to accountability, transparency.

    “Citizens’ improved participation through channels like this would stimulate trust and lead to all round growth and development,” he said.

    Mr Beulah Adeoye, Partner, Deloitte, said the initiative was a whistle-blowing facility that affords callers the opportunity to raise concerns regarding wrongdoing, fraud or unethical behaviour within the workplace and report it to an independent party.

    He listed attitudes depicting fraud to include; asset misappropriation, corruption, embezzlement, forgery, insider trading, maltreatment, money laundering, rebellion, nepotism, threat, and violent behaviour.

    Others are dishonesty, bullying, bribery, harassment, expense claim abuse, kickback, stealing, under-invoicing misuse of authority, bribery and over invoicing.

    He stated that key notes in making a report taking precautions, no malicious calls, provision of all available information.

    “However, a report is not an evidence.

    “The charge is when you see something, you say something and when you say something, you must be protected from the backlash that comes from it to foster a more ethical culture in our workplaces,” he said.


    NewsSourceCredit: NAN

  •  The Lagos State Internal Revenue Service LIRS has announced plans to launch its whistle blower initiative as a state wide project from Friday Aug 5 The LIRS made this known in a statement signed by its Head Corporate Communications Mrs Monsurat Amasa on Tuesday LIRS Executive Chairman Mr Ayodele Subair said the initiative was a public policy of the state government to encourage reporting of illegal actions or financial crimes through the appropriate channel to correct violations or non compliance He said the platform was for employees stakeholders and the general public to report any observed violation misconduct or unethical behaviour across the state from the set date of launch This initiative is in line with the LIRS core values of integrity and accountability and our commitment to uphold the highest standards of openness probity and accountability in our dealings with stakeholders The platform is anonymous and confidential and it is independently managed by Deloitte a globally accr NewsSourceCredit NAN
    LIRS set to launch whistle-blower initiative
     The Lagos State Internal Revenue Service LIRS has announced plans to launch its whistle blower initiative as a state wide project from Friday Aug 5 The LIRS made this known in a statement signed by its Head Corporate Communications Mrs Monsurat Amasa on Tuesday LIRS Executive Chairman Mr Ayodele Subair said the initiative was a public policy of the state government to encourage reporting of illegal actions or financial crimes through the appropriate channel to correct violations or non compliance He said the platform was for employees stakeholders and the general public to report any observed violation misconduct or unethical behaviour across the state from the set date of launch This initiative is in line with the LIRS core values of integrity and accountability and our commitment to uphold the highest standards of openness probity and accountability in our dealings with stakeholders The platform is anonymous and confidential and it is independently managed by Deloitte a globally accr NewsSourceCredit NAN
    LIRS set to launch whistle-blower initiative
    Economy2 months ago

    LIRS set to launch whistle-blower initiative

    The Lagos State Internal Revenue Service (LIRS) has announced plans to launch its whistle-blower initiative as a state-wide project from Friday, Aug. 5. The LIRS made this known in a statement signed by its Head, Corporate Communications, Mrs Monsurat Amasa, on Tuesday.

    LIRS Executive Chairman, Mr Ayodele Subair, said the initiative was a public policy of the state government to encourage reporting of illegal actions or financial crimes, through the appropriate channel, to correct violations or non-compliance.

    He said the platform was for employees, stakeholders and the general public to report any observed violation, misconduct, or unethical behaviour across the state from the set date of launch.

    “This initiative is in line with the LIRS core values of integrity and accountability and our commitment to uphold the highest standards of openness, probity and accountability in our dealings with stakeholders.

    “The platform is anonymous and confidential and it is independently managed by Deloitte, a globally accr
    NewsSourceCredit: NAN

  •  Left to right Chairman Lagos Internal Revenue Services Mr Hamzat Subair Special Adviser to the Governor on Urban Development Mr Ganiyu Ayuba Commissioner for Physical Planning and Urban Development Dr Idris Salako Permanent Secretary Ministry of Physical Planning and Urban Development Mr Foluso Dipe at a meeting with owners developers of properties in Lekki and Ajah on Thursday in Lagos Again Lagos warns property developers over building code violationsBy Grace Alegba and Esevosah IzahLagos July 9 2020 NAN The Lagos State Government on Thursday warned property developers in the Lekki Ajah and Eti Osa areas to comply with the state s building code to avoid sanctions The Commissioner for Physical Planning and Urban Development Dr Idris Salako gave the warning at a meeting with property owners and developers in the area He lamented that property developers were distorting the master plan and damaging environmental beauty of Lekki and its environs Unveiling a scheme to commence a seamless processing of planning permits Salako said the sanctity of the revised Ikoyi Victoria Island Model City Plan and Lekki Comprehensive Master Plan would now be guaranteed Consequently you are to please note that the approval orders of the plans as applicable remain the only valid references for any developmental activity that can be carried out in this area until another review is conducted Salako warned that deliberate contravention of approval orders extant laws and regulations must stop saying that the ministry would no longer tolerate the unabated distortion of the environment He called for an end to illegalities during building authorizations and documentations noting that offenders would get immediate sanctions henceforth including demolitions and prosecution The commissioner cited illegalities being perpetrated as non adherence to planning permits deliberate falsehood in design drawings and construction of buildings after submission prior to grant of planning permit and mandatory stage certification Others are falsification of documents such as mandatory statutory clearances payment receipts and LIRS tax clearance as well as fake approvals in connivance with third parties He described the sharp practices as criminal offences This meeting is another golden opportunity for you to right the wrongs that had been done in order to avoid serious public embarrassment which the statutory enforcements may cause to you Salako stated The Special Adviser to the Governor on Urban Development Mr Ganiyu Ayuba explained that the role of the ministry was to ensure adherence to planning orderliness and sustainability in the built environment He told builders to always adhere to the procedures NAN Edited By Nick Nicholas Silas Nwoha NAN
    Again, Lagos warns property developers over building code violations
     Left to right Chairman Lagos Internal Revenue Services Mr Hamzat Subair Special Adviser to the Governor on Urban Development Mr Ganiyu Ayuba Commissioner for Physical Planning and Urban Development Dr Idris Salako Permanent Secretary Ministry of Physical Planning and Urban Development Mr Foluso Dipe at a meeting with owners developers of properties in Lekki and Ajah on Thursday in Lagos Again Lagos warns property developers over building code violationsBy Grace Alegba and Esevosah IzahLagos July 9 2020 NAN The Lagos State Government on Thursday warned property developers in the Lekki Ajah and Eti Osa areas to comply with the state s building code to avoid sanctions The Commissioner for Physical Planning and Urban Development Dr Idris Salako gave the warning at a meeting with property owners and developers in the area He lamented that property developers were distorting the master plan and damaging environmental beauty of Lekki and its environs Unveiling a scheme to commence a seamless processing of planning permits Salako said the sanctity of the revised Ikoyi Victoria Island Model City Plan and Lekki Comprehensive Master Plan would now be guaranteed Consequently you are to please note that the approval orders of the plans as applicable remain the only valid references for any developmental activity that can be carried out in this area until another review is conducted Salako warned that deliberate contravention of approval orders extant laws and regulations must stop saying that the ministry would no longer tolerate the unabated distortion of the environment He called for an end to illegalities during building authorizations and documentations noting that offenders would get immediate sanctions henceforth including demolitions and prosecution The commissioner cited illegalities being perpetrated as non adherence to planning permits deliberate falsehood in design drawings and construction of buildings after submission prior to grant of planning permit and mandatory stage certification Others are falsification of documents such as mandatory statutory clearances payment receipts and LIRS tax clearance as well as fake approvals in connivance with third parties He described the sharp practices as criminal offences This meeting is another golden opportunity for you to right the wrongs that had been done in order to avoid serious public embarrassment which the statutory enforcements may cause to you Salako stated The Special Adviser to the Governor on Urban Development Mr Ganiyu Ayuba explained that the role of the ministry was to ensure adherence to planning orderliness and sustainability in the built environment He told builders to always adhere to the procedures NAN Edited By Nick Nicholas Silas Nwoha NAN
    Again, Lagos warns property developers over building code violations
    General news2 years ago

    Again, Lagos warns property developers over building code violations

    Left to right: Chairman, Lagos Internal Revenue Services, Mr Hamzat Subair; Special Adviser to the Governor on Urban Development, Mr Ganiyu Ayuba; Commissioner for Physical Planning and Urban Development, Dr Idris Salako; Permanent Secretary, Ministry of Physical Planning and Urban Development, Mr Foluso Dipe at a  meeting with owners/developers of properties in Lekki and Ajah on Thursday in Lagos

     

    Again, Lagos warns property developers over building code violations

    By Grace Alegba and Esevosah Izah

    Lagos, July 9, 2020 (NAN) The Lagos State Government on Thursday warned property developers in the Lekki, Ajah and Eti-Osa areas to comply with the state’s building code to avoid sanctions.

    The Commissioner for Physical Planning and Urban Development, Dr Idris Salako, gave the warning at a meeting with property owners and developers in the area.

    He lamented that property developers were distorting the master plan and damaging environmental beauty of Lekki and its environs.

    Unveiling a scheme to commence a seamless processing of planning permits, Salako said the sanctity of the revised Ikoyi/Victoria Island Model City Plan and Lekki Comprehensive Master Plan would now be guaranteed.

    “Consequently, you are to please note that the approval orders of the plans as applicable, remain the only valid references for any developmental activity that can be carried out in this area until another review is conducted.”

    Salako warned that deliberate contravention of approval orders, extant laws and regulations must stop, saying that the ministry would no longer tolerate the unabated distortion of the environment.

    He called for an end to illegalities during building authorizations and documentations, noting that offenders would get immediate sanctions henceforth, including demolitions and prosecution.

    The commissioner cited illegalities being perpetrated as non-adherence to planning permits, deliberate falsehood in design drawings and construction of buildings after submission, prior to grant of planning permit and mandatory stage certification.

    “Others are falsification of documents such as mandatory statutory clearances, payment receipts and LIRS tax clearance as well as fake approvals in connivance with third parties.

    He described the sharp practices as criminal offences.

    “This meeting is another golden opportunity for you to right the wrongs that had been done in order to avoid serious public embarrassment which the statutory enforcements may cause to you,’’ Salako stated.

    The Special Adviser to the Governor on Urban Development, Mr Ganiyu Ayuba, explained that the role of the ministry was to ensure adherence to planning, orderliness and sustainability in the built environment.

    He told builders to always adhere to the procedures.  (NAN)

    =============


    Edited By: Nick Nicholas/Silas Nwoha (NAN)

     

     

     

     

  •  The Lagos Inland Revenue Service LIRS says it generated a whooping N25 billion through taxation in April when there was total lockdown Mr Rasheed Olu Ajayi Head Information and Communication Technology ICT of LIRS disclosed this to the News Agency of Nigeria via an exclusive virtual conference on Zoom on Saturday Olu Ajayi said the service was able to achieve the fit by leveraging on technology He said that though the revenue invoked was not good enough but it was better than starting from ground zero taking to cognisance the total lockdown According to him business was very good due to automating processes What we did was to have a business continuity plan by documenting product events with which we continue to work So we invoked technology tools with lots of our staff working from home but chasing taxpayers We were able to invoke a good amount of money not a case of ground zero Nobody envisages that there would be a time that the whole globe would be lockdown and people would not be able to do anything We were able to collect N25 billion in April when there was total lockdown he said According to him this is a good achievement Olu Ajayi said LIRS as an agency of Lagos State Government has the responsibility of collecting taxes and in some cases business development taxes He said that tax collection is primarily the agency assignment He said that without tax collection the development projects in education road and easing of traffic congestion among others being executed by the state government would not have been possible He said that was why the LIRS thought outside the box by exploring ICT to achieve the fit in revenue generation during the total lockdown Edited By Abdulfatah Babatunde NAN
    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 Mr Rasheed Olu Ajayi Head Information and Communication Technology ICT of LIRS disclosed this to the News Agency of Nigeria via an exclusive virtual conference on Zoom on Saturday Olu Ajayi said the service was able to achieve the fit by leveraging on technology He said that though the revenue invoked was not good enough but it was better than starting from ground zero taking to cognisance the total lockdown According to him business was very good due to automating processes What we did was to have a business continuity plan by documenting product events with which we continue to work So we invoked technology tools with lots of our staff working from home but chasing taxpayers We were able to invoke a good amount of money not a case of ground zero Nobody envisages that there would be a time that the whole globe would be lockdown and people would not be able to do anything We were able to collect N25 billion in April when there was total lockdown he said According to him this is a good achievement Olu Ajayi said LIRS as an agency of Lagos State Government has the responsibility of collecting taxes and in some cases business development taxes He said that tax collection is primarily the agency assignment He said that without tax collection the development projects in education road and easing of traffic congestion among others being executed by the state government would not have been possible He said that was why the LIRS thought outside the box by exploring ICT to achieve the fit in revenue generation during the total lockdown Edited By Abdulfatah Babatunde NAN
    Lagos generated N25bn during lockdown, leveraging on technology – Head ICT-LIRS
    Science & Technology2 years ago

    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.

    Mr Rasheed Olu-Ajayi, Head, Information and Communication Technology (ICT) of LIRS disclosed this to the News Agency of Nigeria via an exclusive virtual conference on Zoom on Saturday.

    Olu-Ajayi said the service was able to achieve the fit by leveraging on technology.

    He said that though the revenue invoked was not good enough but it was better than starting from ground zero taking to cognisance the total lockdown.

    According to him, business was very good due to automating processes.

    “What we did was to have a business continuity plan by documenting product, events with which we continue to work.

    “So, we invoked technology tools, with lots of our staff, working from home but chasing taxpayers.

    “We were able to invoke a good amount of money, not a case of ground zero.

    “Nobody envisages that there would be a time that the whole globe would be lockdown and people would not be able to do anything.

    “We were able to collect N25 billion in April when there was total lockdown,’’ he said.

    According to him, this is a good achievement.

    Olu-Ajayi said LIRS, as an agency of Lagos State Government, has the responsibility of collecting taxes and in some cases, business development taxes.

    He said that tax collection is primarily the agency assignment.

    He said that without tax collection, the development projects in education, road and easing of traffic congestion among others being executed by the state government would not have been possible.

    He said that was why the LIRS thought outside the box by exploring ICT to achieve the fit in revenue generation during the total lockdown.




    Edited By: Abdulfatah Babatunde (NAN)

  •  The Lagos State Government through its Internal Revenue Service LIRS has further extended the deadline for filing of Annual Tax Returns to June 30 2020 The Executive Chairman of LIRS Mr Ayodele Subair said in a statement on Tuesday that the additional extension was in line with government s continuous effort to provide the much needed relief to taxpayers and mitigate the economic impact of COVID 19 pandemic Annual returns for individuals both employees and self employed persons that were initially due on May 31 2020 can now be filed any time on or before the June 30 2020 According to him the Lagos State Government kept abreast of global best practices in containing the COVID 19 pandemic to ease the effects of an economic downturn on taxpayers and residents of the state LIRS had initially extended the deadline for filing annual tax returns for two months from the statutory March 31 of every fiscal year to May 31 2020 We constantly debated what other measures could be taken as an organisation to support individuals and businesses at this time hence the additional one month extension from June 1 to June 30 2020 It is our sincere hope that taxpayers take advantage of this new extension to duly file their returns Taxpayers are therefore encouraged to access the LIRS eTax platforms for all tax administration matters including filing of annual returns generation of assessment and payment schedule and payment of the liabilities from the comfort of their homes and offices All that they have to do is to simply log on to the e Tax platform via https etax lirs net he said Subair said that updates on business operations and alternative payment platforms of the service could be obtained by visiting the LIRS website www lirs gov ng He added that taxpayers could check the various social media platforms or call the LIRS Customer Care Centre on 0700 CALL LIRS 0700 2255 5477 Subair appealed to residents to support the efforts of the state government and the COVID 19 Incident Commander Mr Babajide Sanwo Olu by adhering strictly to the COVID 19 safety guidelines as issued by relevant health authorities Edited By Emmanuel Okara Wale Ojetimi NAN
    LIRS further extends deadline for filing Annual Tax Returns to June 30
     The Lagos State Government through its Internal Revenue Service LIRS has further extended the deadline for filing of Annual Tax Returns to June 30 2020 The Executive Chairman of LIRS Mr Ayodele Subair said in a statement on Tuesday that the additional extension was in line with government s continuous effort to provide the much needed relief to taxpayers and mitigate the economic impact of COVID 19 pandemic Annual returns for individuals both employees and self employed persons that were initially due on May 31 2020 can now be filed any time on or before the June 30 2020 According to him the Lagos State Government kept abreast of global best practices in containing the COVID 19 pandemic to ease the effects of an economic downturn on taxpayers and residents of the state LIRS had initially extended the deadline for filing annual tax returns for two months from the statutory March 31 of every fiscal year to May 31 2020 We constantly debated what other measures could be taken as an organisation to support individuals and businesses at this time hence the additional one month extension from June 1 to June 30 2020 It is our sincere hope that taxpayers take advantage of this new extension to duly file their returns Taxpayers are therefore encouraged to access the LIRS eTax platforms for all tax administration matters including filing of annual returns generation of assessment and payment schedule and payment of the liabilities from the comfort of their homes and offices All that they have to do is to simply log on to the e Tax platform via https etax lirs net he said Subair said that updates on business operations and alternative payment platforms of the service could be obtained by visiting the LIRS website www lirs gov ng He added that taxpayers could check the various social media platforms or call the LIRS Customer Care Centre on 0700 CALL LIRS 0700 2255 5477 Subair appealed to residents to support the efforts of the state government and the COVID 19 Incident Commander Mr Babajide Sanwo Olu by adhering strictly to the COVID 19 safety guidelines as issued by relevant health authorities Edited By Emmanuel Okara Wale Ojetimi NAN
    LIRS further extends deadline for filing Annual Tax Returns to June 30
    Politics2 years ago

    LIRS further extends deadline for filing Annual Tax Returns to June 30

    The Lagos State Government, through its Internal Revenue Service (LIRS), has further extended the deadline for filing of Annual Tax Returns to June 30, 2020.

    The Executive Chairman of LIRS, Mr Ayodele Subair, said in a statement on Tuesday that the additional extension was in line with government’s continuous effort to provide the much needed relief to taxpayers and mitigate the economic impact of COVID-19 pandemic.

    Annual returns for individuals (both employees and self-employed persons) that were initially due on May 31, 2020 can now be filed any time on or before the June 30, 2020.

    According to him, the Lagos State Government kept abreast of global best practices in containing the COVID-19 pandemic to ease the effects of an economic downturn on taxpayers and residents of the state.

    LIRS had initially extended the deadline for filing annual tax returns for two months, from the statutory March 31 of every fiscal year to May 31, 2020.

    ”We constantly debated what other measures could be taken as an organisation to support individuals and businesses at this time, hence, the additional one-month extension from June 1, to June 30, 2020.

    ”It is our sincere hope that taxpayers take advantage of this new extension to duly file their returns.

    ”Taxpayers are therefore, encouraged to access the LIRS eTax platforms for all tax administration matters, including filing of annual returns, generation of assessment and payment schedule and payment of the liabilities from the comfort of their homes and offices.

    ”All that they have to do is to simply log on to the e-Tax platform via https://etax.lirs.net,” he said.

    Subair said that updates on business operations and alternative payment platforms of the service could be obtained by visiting the LIRS website, www.lirs.gov.ng

    He added that taxpayers could check the various social media platforms or call the LIRS Customer Care Centre on 0700 CALL LIRS (0700-2255-5477).

    Subair appealed to residents to support the efforts of the state government and the COVID-19 Incident Commander, Mr Babajide Sanwo-Olu, by adhering strictly to the COVID-19 safety guidelines as issued by relevant health authorities.


    Edited By: Emmanuel Okara/Wale Ojetimi (NAN)

  •  The Lagos State Internal Revenue Service LIRS says it has extended the deadline for filing of Annual Returns for Individual taxpayers including self employed persons to May 31 2020 The Chairman of LIRS Mr Ayodele Subair in a statement on Tuesday said that the extension was necessary in view of the coronavirus pandemic that had altered the socio economic activities around the world He said that filing of annual returns expires March 31 of every fiscal year and attracted stiff penalties for defaulters According to him with the two months extension by LIRS taxpayers are given a breather from the altering socio economic activities The extension of deadline of the Annual Returns is in response to appeals made by taxpayers as well as a policy shift by the agency to assuage the effect of COVID 19 on the taxpayers and residents of Lagos State We implore the taxpayers to access our eTax platform for all tax operations and administration matters including filing of annual returns from the comfort of their homes and offices They can do this by simply logging on to the eTax platform via https etax lirs net or calling our Customer Care Centre on 0700 CALL LIRS Phone Email he said The chairman said that further updates on business operations and alternative payment platforms of the service could be obtained by visiting the LIRS website www lirs gov ng and its various social media handles Subair appealed to the residents of Lagos State to support the efforts of the Lagos State Government ably led by Gov Babajide Sanwoolu by adhering strictly to the COVID 19 safety guidelines as issued by relevant health authorities Edited By Edith Bolokor Wale Ojetimi NAN
    COVID-19: LIRS extends Annual Returns filing deadline to May 31
     The Lagos State Internal Revenue Service LIRS says it has extended the deadline for filing of Annual Returns for Individual taxpayers including self employed persons to May 31 2020 The Chairman of LIRS Mr Ayodele Subair in a statement on Tuesday said that the extension was necessary in view of the coronavirus pandemic that had altered the socio economic activities around the world He said that filing of annual returns expires March 31 of every fiscal year and attracted stiff penalties for defaulters According to him with the two months extension by LIRS taxpayers are given a breather from the altering socio economic activities The extension of deadline of the Annual Returns is in response to appeals made by taxpayers as well as a policy shift by the agency to assuage the effect of COVID 19 on the taxpayers and residents of Lagos State We implore the taxpayers to access our eTax platform for all tax operations and administration matters including filing of annual returns from the comfort of their homes and offices They can do this by simply logging on to the eTax platform via https etax lirs net or calling our Customer Care Centre on 0700 CALL LIRS Phone Email he said The chairman said that further updates on business operations and alternative payment platforms of the service could be obtained by visiting the LIRS website www lirs gov ng and its various social media handles Subair appealed to the residents of Lagos State to support the efforts of the Lagos State Government ably led by Gov Babajide Sanwoolu by adhering strictly to the COVID 19 safety guidelines as issued by relevant health authorities Edited By Edith Bolokor Wale Ojetimi NAN
    COVID-19: LIRS extends Annual Returns filing deadline to May 31
    Politics2 years ago

    COVID-19: LIRS extends Annual Returns filing deadline to May 31

    The Lagos State Internal Revenue Service (LIRS) says it has extended the deadline for filing of Annual Returns for Individual taxpayers, including self-employed persons, to May 31, 2020.

    The Chairman of LIRS, Mr Ayodele Subair, in a statement on Tuesday said that the extension was necessary in view of the coronavirus pandemic that had altered the socio-economic activities around the world.

    He said that  filing of annual returns expires March 31 of every fiscal year, and attracted stiff penalties for defaulters.

    According to him, with the two months extension by LIRS, taxpayers are given a breather from the altering socio-economic activities.

    ”The extension of deadline of the Annual Returns is in response to appeals made by taxpayers as well as a policy shift by the agency to assuage the effect of COVID-19 on the taxpayers and residents of Lagos State.

    ”We implore the taxpayers to access our eTax platform for all tax operations and administration matters, including filing of annual returns from the comfort of their homes and offices.

    ”They can do this, by simply logging on to the eTax platform via https://etax.lirs.net or calling our Customer Care Centre on 0700 CALL LIRS ( (Phone/Email) ),” he said.

    The chairman said that further updates on business operations and alternative payment platforms of the service could be obtained by visiting the LIRS website, (www.lirs.gov.ng), and its various social media handles.

    Subair appealed to the residents of Lagos State to support the efforts of the Lagos State Government ably led by Gov. Babajide Sanwoolu by adhering strictly to the COVID-19 safety guidelines as issued by relevant health authorities.


    Edited By: Edith Bolokor/Wale Ojetimi
    (NAN)

  •  Lagos State Internal Revenue Service LIRS said on Monday that it had launched a renewed enforcement exercise against defaulting taxpayers by sealing eight companies for failure to file returns and payment of taxes The Director Legal Services of the LIRS Mr Seyi Alade told the Nigeria News Agency at a state wide tax law enforcement exercise by the Service in Lagos Alade said that the renewed exercise would be continuous and the agency would no longer tolerate infringement of the tax laws He said that employers of labour had a duty under the Pay as You Earn scheme to deduct and remit the accurate amount from emoluments of employees They are also to file monthly schedules of amount deducted with the LIRS at the time of remitting the taxes They should ensure filing of Annual Tax Returns of emoluments paid to their employees on or before January 31st of every year while prompt attention should be given to correspondence emanating from the LIRS he said Alade said that filing of annual returns by all individuals employees included must be done on or before March 31st of every year while failure to file is punishable under the extant tax laws He therefore implored all taxable individuals to avoid last minute rush by proceeding immediately to file their annual returns for the 2019 assessment year The director said that the annual returns could be filed on the E Tax portal of the LIRS in the comfort of their respective homes offices or with the help of their tax consultants or the volunteers at the various LIRS tax stations before the deadline date of March 31 2020 Alade reiterated the commitment of the agency to effective generation of maximum revenue from all taxable persons for the continuous and rapid development of Lagos State He said the agency would leave no stone unturned in its bid to achieve this important task The director said that the LIRS secured the conviction of a taxpayer on March 4 for failure to file its annual tax returns in line with section 81 2 amp 3 of the Personal Income Tax Act 2004 as amended It is the law that employers of labour who fail to file the returns of emoluments paid to its employees on or before January 31 of every relevant year will be liable to a fine of N500 000 00 upon conviction Alade said He said that on March 12 eight staff including the general manager of an international hotel were arraigned before a Lagos State Task force mobile court for obstruction and breaking of LIRS distrain seals He said the culprits might be liable to jail terms upon conviction for failure to remit their consumption taxes Alade warned that any taxpayer that failed to be law abiding would face the full wrath of the law Edited By Chidi Opara Oluwole Sogunle NAN
    LIRS seals 8 coys for failure to file annual returns
     Lagos State Internal Revenue Service LIRS said on Monday that it had launched a renewed enforcement exercise against defaulting taxpayers by sealing eight companies for failure to file returns and payment of taxes The Director Legal Services of the LIRS Mr Seyi Alade told the Nigeria News Agency at a state wide tax law enforcement exercise by the Service in Lagos Alade said that the renewed exercise would be continuous and the agency would no longer tolerate infringement of the tax laws He said that employers of labour had a duty under the Pay as You Earn scheme to deduct and remit the accurate amount from emoluments of employees They are also to file monthly schedules of amount deducted with the LIRS at the time of remitting the taxes They should ensure filing of Annual Tax Returns of emoluments paid to their employees on or before January 31st of every year while prompt attention should be given to correspondence emanating from the LIRS he said Alade said that filing of annual returns by all individuals employees included must be done on or before March 31st of every year while failure to file is punishable under the extant tax laws He therefore implored all taxable individuals to avoid last minute rush by proceeding immediately to file their annual returns for the 2019 assessment year The director said that the annual returns could be filed on the E Tax portal of the LIRS in the comfort of their respective homes offices or with the help of their tax consultants or the volunteers at the various LIRS tax stations before the deadline date of March 31 2020 Alade reiterated the commitment of the agency to effective generation of maximum revenue from all taxable persons for the continuous and rapid development of Lagos State He said the agency would leave no stone unturned in its bid to achieve this important task The director said that the LIRS secured the conviction of a taxpayer on March 4 for failure to file its annual tax returns in line with section 81 2 amp 3 of the Personal Income Tax Act 2004 as amended It is the law that employers of labour who fail to file the returns of emoluments paid to its employees on or before January 31 of every relevant year will be liable to a fine of N500 000 00 upon conviction Alade said He said that on March 12 eight staff including the general manager of an international hotel were arraigned before a Lagos State Task force mobile court for obstruction and breaking of LIRS distrain seals He said the culprits might be liable to jail terms upon conviction for failure to remit their consumption taxes Alade warned that any taxpayer that failed to be law abiding would face the full wrath of the law Edited By Chidi Opara Oluwole Sogunle NAN
    LIRS seals 8 coys for failure to file annual returns
    Economy3 years ago

    LIRS seals 8 coys for failure to file annual returns

    Lagos State Internal Revenue Service (LIRS), said on Monday that it had launched a renewed enforcement exercise against defaulting taxpayers by sealing eight companies for failure to file returns and payment of taxes.

     

    The Director, Legal Services of the LIRS, Mr Seyi Alade, told the Nigeria News Agency at a state-wide tax law enforcement exercise by the Service in Lagos.

     

    Alade said that the renewed exercise would be continuous, and the agency would no longer tolerate infringement of the tax laws.

     

    He said that employers of labour had a duty under the Pay as You Earn scheme to deduct and remit the accurate amount from emoluments of employees.

     

    “They are also to file monthly schedules of amount deducted with the LIRS at the time of remitting the taxes.

     

    “They should ensure filing of Annual Tax Returns of emoluments paid to their employees on or before January 31st of every year; while prompt attention should be given to correspondence emanating from the LIRS,” he said.

     

    Alade said that filing of annual returns by all individuals, employees included, must be done on or before March 31st of every year, while failure to file is punishable under the extant tax laws.

     

    He, therefore, implored all taxable individuals to avoid last minute rush by proceeding immediately to file their annual returns for the 2019 assessment year.

     

    The director said that the annual returns could be filed on the E-Tax portal of the LIRS in the comfort of their respective homes, offices or with the help of their tax consultants or the volunteers at the various LIRS tax stations before the deadline date of March 31, 2020.

     

    Alade reiterated the commitment of the agency to effective generation of maximum revenue from all taxable persons for the continuous and rapid development of Lagos State.

     

    He said the agency would leave no stone unturned in its bid to achieve this important task.

     

    The director said that the LIRS secured the conviction of a taxpayer on March 4, for failure to file its annual tax returns in line with section 81 (2)&(3) of the Personal Income Tax Act, 2004 as amended.

     

    “It is the law that employers of labour who fail to file the returns of emoluments paid to its employees on or before January 31 of every relevant year will be liable to a fine of N500, 000.00 upon conviction,” Alade said.

     

    He said that on March 12, eight staff, including the general manager of an international hotel, were arraigned before a Lagos State Task force mobile court for obstruction and breaking of LIRS distrain seals.

     

    He said the culprits might be liable to jail terms upon conviction for failure to remit their consumption taxes.

     

    Alade warned that any taxpayer that failed to be law abiding would face the full wrath of the law.


    Edited By: Chidi Opara/Oluwole Sogunle
    (NAN)

  •  A 54 year old man Olusegun Akinrinlola on Tuesday appeared in an Ikeja Chief Magistrates Court for allegedly stealing N690 000 from his company The police charged Akinrinlola a consultant who resides at 6 Sola Soteri St Baruwa Ipaja Lagos with conspiracy forgery and theft The prosecution counsel ASP Clifford Ogu told the court that Akinrinlola committed the offence between October and November 2018 at Alausa Ikeja Ogu alleged that the defendant s company Step Development Limited was supposed to pay N10 000 into the Lagos Internal Revenue Service LIRS account Ogu alleged that the defendant forged the LIRS demand notice and wrote N690 000 on it and presented it to his company The prosecutor also alleged that the money was given to the defendant to pay into the LIRS account but instead he converted N690 000 to his personal use Ogu also alleged that LIRS discovered that the defendant s company was yet to pay the N10 000 during auditing The prosecutor also alleged that the defendant s deal was discovered when the LIRS contacted his company and asked for their N10 000 The offence he said contravened the provisions of sections 287 365 and 411 of the Criminal Law of Lagos State 2015 The defendant pleaded not guilty to the charges Chief Magistrate J A Adegun admitted the defendant to bail in the sum of N200 000 with two sureties in like sum Adegun adjourned the case until March 27 for mention Edited By Sadiya Hamza NAN
    Man in court for allegedly stealing N690,000 from his company
     A 54 year old man Olusegun Akinrinlola on Tuesday appeared in an Ikeja Chief Magistrates Court for allegedly stealing N690 000 from his company The police charged Akinrinlola a consultant who resides at 6 Sola Soteri St Baruwa Ipaja Lagos with conspiracy forgery and theft The prosecution counsel ASP Clifford Ogu told the court that Akinrinlola committed the offence between October and November 2018 at Alausa Ikeja Ogu alleged that the defendant s company Step Development Limited was supposed to pay N10 000 into the Lagos Internal Revenue Service LIRS account Ogu alleged that the defendant forged the LIRS demand notice and wrote N690 000 on it and presented it to his company The prosecutor also alleged that the money was given to the defendant to pay into the LIRS account but instead he converted N690 000 to his personal use Ogu also alleged that LIRS discovered that the defendant s company was yet to pay the N10 000 during auditing The prosecutor also alleged that the defendant s deal was discovered when the LIRS contacted his company and asked for their N10 000 The offence he said contravened the provisions of sections 287 365 and 411 of the Criminal Law of Lagos State 2015 The defendant pleaded not guilty to the charges Chief Magistrate J A Adegun admitted the defendant to bail in the sum of N200 000 with two sureties in like sum Adegun adjourned the case until March 27 for mention Edited By Sadiya Hamza NAN
    Man in court for allegedly stealing N690,000 from his company
    Judiciary3 years ago

    Man in court for allegedly stealing N690,000 from his company

    A 54- year-old man, Olusegun Akinrinlola, on Tuesday appeared in  an Ikeja Chief Magistrates’ Court for allegedly stealing N690,000 from his company.

    The police charged Akinrinlola, a consultant who resides at 6, Sola Soteri St., Baruwa, Ipaja, Lagos with conspiracy, forgery and theft.

    The prosecution counsel, ASP Clifford Ogu, told the court that Akinrinlola committed the offence  between October and November 2018 at Alausa, Ikeja.

    Ogu alleged that the defendant’s company, Step Development Limited was supposed to pay N10,000 into the Lagos Internal Revenue Service (LIRS) account.

    Ogu alleged that the defendant forged the LIRS demand notice and wrote N690,000 on it and presented it to his company.

    The prosecutor also alleged that the money was given to the defendant to pay into the LIRS account but instead, he converted N690,000 to his personal use.

    Ogu also alleged that LIRS discovered that the defendant’s company was yet to pay the N10,000 during auditing.

    The prosecutor also alleged that the defendant ‘s  deal was discovered when the LIRS contacted his company and asked for their N10,000.

    The offence, he said, contravened the provisions of sections 287, 365 and 411 of the Criminal Law of Lagos State,2015.

    The defendant pleaded not guilty to the charges.

    Chief Magistrate J.A. Adegun admitted the defendant to bail in the sum of N200,000 with two sureties in like sum.

    Adegun adjourned the case until March 27 for mention.


    Edited By: Sadiya Hamza
    (NAN)

  •  Breakfast Meeting in Lagos that such challenges traverse the whole spectrum of tax administration in Nigeria Lagos inclusive The breakfast meeting had the theme Tax and Revenue Generation The Lagos State Approach Subair represented by Mr Tola Seriki Director Informal Sector LIRS said that the challenges were most acute with respect to high net worth individuals and the informal sector He however said that continued implementation of reforms and adoption of international best practices in tax administration would reduce the cost of voluntary compliance This he said would impact positively on Nigeria s ratings on the ease of paying taxes index and ultimately the ease of doing business index LASG is aware of the concerns of the business community and it is putting resources in place to ease business operation through the creation of enabling environment for businesses to thrive Your support through the discharge of your civic responsibility of prompt payment of taxes due to the state is critical to our collective success and will not be taken for granted LIRS in fulfilment of its mandate has continuously improved on its existing system by ensuring that the cost of voluntary compliance is reduced through the implementation of the enterprise tax administration system e Tax and the customer help desk to attend to any enquiry by taxpayers These initiatives also enable the provision of fair accurate and timely information as required by various stakeholders in the state while rendering high quality and transparent customer oriented service Subair said He reiterated at the event that the perceived issue of multiplicity of taxes was nonexistent in the state The chairman emphasised that levies fees rates and other forms of payments collected by various tiers of government were different from taxes He said that naming of various payments as a tax was wrong and misleading The most common source of Internally Generated Revenue IGR to all countries is taxation However not every government has been able to effectively exploit this source of revenue generation What appears to be the most common regulatory challenge that business owners encounter is perceived multiplicity of taxation Seriki said According to him the multiplicity of taxes occurs when a tax base or a single taxable income is subjected to tax more than once either by the same tax authority or more than one tax authority He said neither Lagos State nor the country as a whole has multiple taxation What we have is a multiplicity of the interface between taxable entities businesses inclusive and tax authorities Subair said In his welcome address Otunba Toyin Akomolafe National President NACC recognised taxation as an important tool for national development promotion growth and a vehicle for long term development of infrastructure of the state In Nigeria taxation has been in existence even before the coming of the colonial men Governments all over the world require revenue to augment the spending needs to maintain public investment and social services Though taxation may not be the most important source of revenue to the government in terms of the magnitude of revenue derivable from taxation Akomolafe said He said however that for consistency taxation is the most important source of revenue to the government Over the years LIRS has increased the state s IGR by executing various programmes and implementing strategies which have impacted positively on revenue generation and collection he said Edited By Abdulfatah Babatunde Oluwole Sogunle
    LIRS Chairman identifies challenges in tax process
     Breakfast Meeting in Lagos that such challenges traverse the whole spectrum of tax administration in Nigeria Lagos inclusive The breakfast meeting had the theme Tax and Revenue Generation The Lagos State Approach Subair represented by Mr Tola Seriki Director Informal Sector LIRS said that the challenges were most acute with respect to high net worth individuals and the informal sector He however said that continued implementation of reforms and adoption of international best practices in tax administration would reduce the cost of voluntary compliance This he said would impact positively on Nigeria s ratings on the ease of paying taxes index and ultimately the ease of doing business index LASG is aware of the concerns of the business community and it is putting resources in place to ease business operation through the creation of enabling environment for businesses to thrive Your support through the discharge of your civic responsibility of prompt payment of taxes due to the state is critical to our collective success and will not be taken for granted LIRS in fulfilment of its mandate has continuously improved on its existing system by ensuring that the cost of voluntary compliance is reduced through the implementation of the enterprise tax administration system e Tax and the customer help desk to attend to any enquiry by taxpayers These initiatives also enable the provision of fair accurate and timely information as required by various stakeholders in the state while rendering high quality and transparent customer oriented service Subair said He reiterated at the event that the perceived issue of multiplicity of taxes was nonexistent in the state The chairman emphasised that levies fees rates and other forms of payments collected by various tiers of government were different from taxes He said that naming of various payments as a tax was wrong and misleading The most common source of Internally Generated Revenue IGR to all countries is taxation However not every government has been able to effectively exploit this source of revenue generation What appears to be the most common regulatory challenge that business owners encounter is perceived multiplicity of taxation Seriki said According to him the multiplicity of taxes occurs when a tax base or a single taxable income is subjected to tax more than once either by the same tax authority or more than one tax authority He said neither Lagos State nor the country as a whole has multiple taxation What we have is a multiplicity of the interface between taxable entities businesses inclusive and tax authorities Subair said In his welcome address Otunba Toyin Akomolafe National President NACC recognised taxation as an important tool for national development promotion growth and a vehicle for long term development of infrastructure of the state In Nigeria taxation has been in existence even before the coming of the colonial men Governments all over the world require revenue to augment the spending needs to maintain public investment and social services Though taxation may not be the most important source of revenue to the government in terms of the magnitude of revenue derivable from taxation Akomolafe said He said however that for consistency taxation is the most important source of revenue to the government Over the years LIRS has increased the state s IGR by executing various programmes and implementing strategies which have impacted positively on revenue generation and collection he said Edited By Abdulfatah Babatunde Oluwole Sogunle
    LIRS Chairman identifies challenges in tax process
    Economy3 years ago

    LIRS Chairman identifies challenges in tax process

    Breakfast Meeting in Lagos that such challenges traverse the whole spectrum of tax administration in Nigeria, Lagos inclusive.The breakfast meeting had the theme, “Tax and Revenue Generation: The Lagos State Approach’’.Subair, represented by Mr Tola Seriki, Director, Informal Sector (LIRS), said that the challenges were most acute with respect to high net-worth individuals and the informal sector.He, however, said that continued implementation of reforms and adoption of international best practices in tax administration would reduce the cost of voluntary compliance.This, he said, would impact positively on Nigeria’s ratings on the ease of paying taxes index and ultimately the ease of doing business index.“LASG is aware of the concerns of the business community, and it is putting resources in place to ease business operation through the creation of enabling environment for businesses to thrive.“Your support, through the discharge of your civic responsibility of prompt payment of taxes due to the state is critical to our collective success and will not be taken for granted.“LIRS, in fulfilment of its mandate, has continuously improved on its existing system by ensuring that the cost of voluntary compliance is reduced through the implementation of the enterprise tax administration system (e-Tax) and the customer help desk to attend to any enquiry by taxpayers.“These initiatives also enable the provision of fair, accurate and timely information as required by various stakeholders in the state, while rendering high quality and transparent customer-oriented service,’’ Subair said.He reiterated at the event that the perceived issue of multiplicity of taxes was nonexistent in the state.The chairman emphasised that levies, fees, rates and other forms of payments collected by various tiers of government were different from taxes.He said that naming of various payments as a tax was wrong and misleading.“The most common source of Internally Generated Revenue (IGR) to all countries is taxation.“However, not every government has been able to effectively exploit this source of revenue generation.“What appears to be the most common regulatory challenge that business owners encounter is perceived multiplicity of taxation,’’ Seriki said.According to him, the multiplicity of taxes occurs when a tax base (or a single taxable income) is subjected to tax more than once, either by the same tax authority or more than one tax authority.He said neither Lagos State nor the country as a whole has multiple taxation.“What we have is a multiplicity of the interface between taxable entities (businesses inclusive) and tax authorities,’’ Subair said.In his welcome address, Otunba Toyin Akomolafe, National President, NACC recognised taxation as an important tool for national development, promotion, growth and a vehicle for long term development of infrastructure of the state.“In Nigeria, taxation has been in existence even before the coming of the colonial men.“Governments, all over the world, require revenue to augment the spending needs to maintain public investment and social services.“Though, taxation may not be the most important source of revenue to the government in terms of the magnitude of revenue derivable from taxation,’’ Akomolafe said.He said, however, that for consistency, taxation is the most important source of revenue to the government.“Over the years, LIRS has increased the state’s IGR by executing various programmes and implementing strategies which have impacted positively on revenue generation and collection,’’ he said.Edited By: Abdulfatah Babatunde/Oluwole Sogunle

  •  The Lagos State Internal Revenue Service LIRS on Friday announced that it had closed 16 companies in the state over alleged failure to remit about N126 19m consumption tax The organisation s Director of Legal Services Mr Seyi Alade told the Nigeria News Agency in Lagos that the companies tax liabilities were from 2014 to 2016 Alade who spoke with NAN during LIRS state wide tax law enforcement exercise added that the companies were audited for the periods but had not made the payments to the State Government According to him the 16 companies have been closed down and prohibited from operation until they paid the taxes for the period The affected companies failed to pay the established liabilities despite the long period of time the agency gave them to regularise their tax status he said He said that four of companies that admitted their tax liabilities made their payments and an additional payment of N100 000 each as distress cost to LIRS Alade called on companies and taxpayers in the state to update their tax payments and obligations to avert disruption of their operations and additional distress cost The director said that LIRS had sent several notices to the affected companies before embarking on an enforcement exercise Before LIRS embarks on such exercise it must have sent at least two letter of notices to the management of the affected firms reminding them of their tax liabilities The Demand Notice expiration is 30 days while the Letter of Intention expires seven days after issuance So before now both the demand notice letter and the letter of intention have been sent to the management of the companies which they failed to act on he said Alade said that the LIRS enforcement team had been repositioned to effectively track companies and individuals who evaded tax payments in the state He appealed to Lagos residents to cooperate with the government by filling their tax returns and to promptly pay their assessed taxes According to him the LIRS has made tax compliance very easy for the taxpayers through its recent launch of the Electronic Tax platform Alade urged taxpayers to make use of this platform for their comfort and ease of compliance with their various tax obligations Mr Damola Falola the Business Development Manager of Tyttlo Event Centre one of the affected companies however said that the company did not receive any Demand Notice letter from LIRS Falola who admitted the company s tax liabilities said that the LIR s action took them by surprise adding that the company would soon meet with LIRS for reconciliation and payment Edited Tajudeen Atitebi
    Lagos closes 16 companies over N126.19m tax evasion
     The Lagos State Internal Revenue Service LIRS on Friday announced that it had closed 16 companies in the state over alleged failure to remit about N126 19m consumption tax The organisation s Director of Legal Services Mr Seyi Alade told the Nigeria News Agency in Lagos that the companies tax liabilities were from 2014 to 2016 Alade who spoke with NAN during LIRS state wide tax law enforcement exercise added that the companies were audited for the periods but had not made the payments to the State Government According to him the 16 companies have been closed down and prohibited from operation until they paid the taxes for the period The affected companies failed to pay the established liabilities despite the long period of time the agency gave them to regularise their tax status he said He said that four of companies that admitted their tax liabilities made their payments and an additional payment of N100 000 each as distress cost to LIRS Alade called on companies and taxpayers in the state to update their tax payments and obligations to avert disruption of their operations and additional distress cost The director said that LIRS had sent several notices to the affected companies before embarking on an enforcement exercise Before LIRS embarks on such exercise it must have sent at least two letter of notices to the management of the affected firms reminding them of their tax liabilities The Demand Notice expiration is 30 days while the Letter of Intention expires seven days after issuance So before now both the demand notice letter and the letter of intention have been sent to the management of the companies which they failed to act on he said Alade said that the LIRS enforcement team had been repositioned to effectively track companies and individuals who evaded tax payments in the state He appealed to Lagos residents to cooperate with the government by filling their tax returns and to promptly pay their assessed taxes According to him the LIRS has made tax compliance very easy for the taxpayers through its recent launch of the Electronic Tax platform Alade urged taxpayers to make use of this platform for their comfort and ease of compliance with their various tax obligations Mr Damola Falola the Business Development Manager of Tyttlo Event Centre one of the affected companies however said that the company did not receive any Demand Notice letter from LIRS Falola who admitted the company s tax liabilities said that the LIR s action took them by surprise adding that the company would soon meet with LIRS for reconciliation and payment Edited Tajudeen Atitebi
    Lagos closes 16 companies over N126.19m tax evasion
    Economy3 years ago

    Lagos closes 16 companies over N126.19m tax evasion

    The Lagos State Internal Revenue Service (LIRS) on Friday announced that it had closed 16 companies in the state over alleged failure to remit about N126.19m consumption tax.

    The organisation’s Director of Legal Services, Mr Seyi Alade, told the Nigeria News Agency in Lagos that the companies’ tax liabilities were from 2014 to 2016.

    Alade,who spoke with NAN during LIRS state-wide tax law enforcement exercise, added that  the  companies were audited for the periods, but had not made the payments to the State Government.

    According to him, the 16 companies have been closed down, and prohibited from operation until they paid the taxes for the period.

    “The affected companies failed to pay the established liabilities despite the long period of time the agency gave them to regularise their tax status,’’ he said.

    He said that four of companies that admitted their tax liabilities made their payments and  an additional payment of N100,000 each as  distress cost to LIRS.

    Alade called on companies and taxpayers in the state to update their tax payments and obligations to avert disruption of their operations and additional distress cost.

    The director said that LIRS had sent several notices to the affected companies before embarking on an enforcement exercise.

    “Before LIRS embarks on such exercise, it must have sent at least two letter of notices to the management of the affected firms reminding them of their tax liabilities.

    “The Demand Notice expiration is 30 days, while the Letter of Intention expires seven days after issuance.

    “So, before now both the demand notice letter and the letter of intention have been sent to the management of the companies which they failed to act on,” he said.

    Alade said that the LIRS enforcement team had been repositioned to effectively track  companies and individuals who evaded tax payments in the state.

    He appealed to Lagos residents to cooperate with the government by filling their tax returns and to promptly pay their assessed taxes.

    According to him, the LIRS has made tax compliance very easy for the taxpayers through its  recent launch of the Electronic Tax platform.

    Alade urged taxpayers to make use of this platform for their comfort and ease of compliance with their various tax obligations.

    Mr Damola Falola,, the Business Development Manager of  Tyttlo Event Centre, one of the affected companies, however, said that the company did not receive any Demand Notice letter from LIRS.

    Falola, who admitted the company’s tax liabilities, said that the LIR’s action took them by surprise, adding that the company would soon meet with LIRS for reconciliation and payment.

    Edited /Tajudeen Atitebi