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Category: Tax

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 »

ICAN, FIRS, GROUP HARP ON TAXATION FOR SUSTAINABLE DEVELOPMENT

ICAN, FIRS, GROUP HARP ON TAXATION FOR SUSTAINABLE DEVELOPMENT

By Taisha Posted on 15/01/2022 Posted in News, Tax

Financial experts have expressed the need to utilize the Finance Act 2021 to better benefit Nigerians and strengthen the government’s capacity through the instrumentality of taxation in achieving sustainable development. Speaking on the theme ‘Finance Act 2021: Fiscal Imperatives and …

ICAN, FIRS, GROUP HARP ON TAXATION FOR SUSTAINABLE DEVELOPMENT Read more »

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

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