The Lagos State Internal Revenue Service (LIRS) has issued a public notice on the implementation of tax incentives and reliefs for Taxpayers (Individuals and Businesses) in Lagos State. The public notice signed by the Executive Chairman of the Revenue Agency noted that since the outbreak of the COVID-19 pandemic, LIRS has taken several measures to... Continue Reading →
FIRS further extends deadline for penalty and interest waiver
In furtherance of the number of palliative measures to cushion the effects of COVID-19 pandemic on the Nigerian economy, the Federal Inland Revenue Service (FIRS) has further extended the closing date for the waiver of penalty and interest window from 30th June, 2020 to 31st August, 2020. For the avoidance of doubt, the public notice... Continue Reading →
Property tax is mandatory for landlords and landowners in Ekiti – EIRS
In a bid to ramp up the Internally Generated Revenue (IGR) in Ekiti State, the state Government has introduced a compulsory payment of property tax by landlords and landowners in the state. This was made known by the Chairman of the Ekiti State Internal Revenue Service (IRS), Mr Muyiwa Ogunmilade, in a statement on Sunday,... Continue Reading →
Benue IRS announces measures to mitigate the effects of COVID-19 on taxpayers
The Benue State Internal Revenue Service (BIRS) has announced new tax measures geared towards mitigating effects of the COVID-19 pandemic on taxpayers in the state. The Service's Executive Chairman, Andrew Ayabam, said in a statement on Tuesday, 30th June, 2020 that the new measures are meant to mitigate against the effect of COVID-19 on taxpayers... Continue Reading →