Taxation

  Stanley Ihedigbo   Lagos State Internal Revenue Service (LIRS) has issued a timely reminder to all employers in Lagos State, urging them to submit their annual tax returns for the 2024 financial year on or before January 31, 2025. The directive is by the provisions of the Personal Income…

  By Abdullahi Olayiwola Gegele Nigeria’s first attempt at incorporating Value-Added Tax (VAT) as a means of generating additional tax revenue was in 1986 under the General Ibrahim Babangida military junta when decree No 7 was promulgated to legalize sales tax (now VAT) and was being collected by the 36…

L-R: Executive Chairman, Lagos State Internal Revenue Service (LIRS), Mr. Ayodele Subair conferred with a doctorate degree in Business Administration (honoris causa) and Governor of Ondo State, Hon. Lucky Aiyedatiwa, doctorate degree in Public Administration (honoris causa) of the Adekunle Ajasin University, Akungba-Akoko (AAUA), Ondo State during the investiture, 13th…

                Stanley Ihedigbo   Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, was welcomed with open arms by ecstatic workers at the agency’s headquarters in Abuja. The staff gathered to express their gratitude for Adedeji’s exceptional welfare packages, which have…

L-R, President and chairman of council, Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr Victor Alonge; and the chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, during Alonge’s visit to the Revenue House in Abuja, on Thursday.       Stanley Ihedigbo   Chairman of the Federal Inland Revenue…

From L-R, a member of the House of Representatives Finance Committee, Honourable Chike Okafor; another member, Honourable Abiodun Akinlade; Deputy Chairman of the Committee, Honourable Seidu Abdullahi; chairman, Honourable James Faleke; chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji; Special Adviser on Infrastructure to the FIRS chairman, Mr Kunle Ogidi,…

        Stanley Ihedigbo     President Bola Tinubu has said that proposed tax reform bills must go through proper legislative scrutiny, as he received the National Economic Council’s recommendation that the bills already sent to the National Assembly be withdrawn for further consultation. According to the Special…

Executive Chairman, Lagos State Internal Revenue Service (LIRS), Mr. Ayodele Subair with the multiple legacy awards won by LIRS. L-R: Chairman of Troyka Group, Dr. Biodun Shobanjo; Executive Chairman, Lagos State Internal Revenue Service, (LIRS), Mr. Ayodele Subair; Convener, The Peak Performer Festival (TPP Fest), Dr. Abiola Salami and Director,…

Special Guest, Anthony Okonkwo; Coordinating Director, Services Support Group, M.L Abubakar; Coordinating Director, Compliance and Enforcement Group, Matthew Gbonjubola; Coordinating Director, Medium Taxpayers’ Group, Dick Irri; Chief of Staff, Tayo Koleosho; Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji; Coordinating Director, Corporate Services Group, Mrs Bolaji Akintola; Coordinating Director, Special…

        Stanley Ihedigbo     Federal Inland Revenue Service (FIRS), has announced plans to introduced e-invoice, a digital solution for managing invoices to facilitate real-time transaction validation and storage, benefiting Business-to-Business, Business-to-Consumer, and Business-to-Government transactions. Speaking at the LCCI -FIRS Private Sector Stakeholders ‘ engagement with theme,…