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Category: News

FIRS GENERATED N4.396 TRILLION IN TAXES FROM NON-OIL SECTOR IN 2021

FIRS GENERATED N4.396 TRILLION IN TAXES FROM NON-OIL SECTOR IN 2021

By Taisha Posted on 07/02/2022 Posted in News, Tax

The Federal Inland Revenue Service (FIRS) has disclosed that it generated the sum of N4.396 trillion in taxes from non-oil sector in 2021 compared to N2.507 trillion collected in 2017. This was disclosed by the FIRS chairman, Muhammad Nami in …

FIRS GENERATED N4.396 TRILLION IN TAXES FROM NON-OIL SECTOR IN 2021 Read more »

FINANCE ACT: TAXPAYERS WHO FAIL TO GRANT FIRS ACCESS TO THEIR SYSTEMS WILL BE FINED N25,000 PER DAY
Finance Act

FINANCE ACT: TAXPAYERS WHO FAIL TO GRANT FIRS ACCESS TO THEIR SYSTEMS WILL BE FINED N25,000 PER DAY

By Taisha Posted on 01/02/2022 Posted in News, Tax

By section 18 of the Finance Act, section 25 of the FIRS Act has been amended to empower the FIRS deploy proprietary or third-party technology to automate the tax administration process including tax assessment and information gathering provided it gives 30 days notice to the taxpayer.

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LIRS ANNOUNCES JANUARY 31 DEADLINE FOR FILING ANNUAL TAX RETURNS, TO IMPOSE PENALTIES, SANCTIONS
LIRS

LIRS ANNOUNCES JANUARY 31 DEADLINE FOR FILING ANNUAL TAX RETURNS, TO IMPOSE PENALTIES, SANCTIONS

By Taisha Posted on 19/01/2022 Posted in News, Tax

The Lagos State Internal Revenue Service (LIRS) has announced January 31, 2022, as the deadline for the filing of annual tax returns by employers of labor. The LIRS said that the filing of the annual income tax returns in the …

LIRS ANNOUNCES JANUARY 31 DEADLINE FOR FILING ANNUAL TAX RETURNS, TO IMPOSE PENALTIES, SANCTIONS Read more »

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Address: Taisha Associates
12 Ajayi Road,
Off Yaya Abatan,
Ogba,
Lagos.
Tel: +2348023183590

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Address: Taisha Associates
12 Ajayi Road,
Off Yaya Abatan,
Ogba,
Lagos.
Tel: +2348023183590

| Powered by Responsive Theme

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