LIRS Gives 16-Day Ultimatum Over Payment Of Taxes

Posted on December 7, 2016

Executive Chairman, Lagos State Internal Revenue Service (LIRS), Mr Hamzat Ayodele Subair

The Lagos State Internal Revenue Service (LIRS) has enjoined all taxpayers in Lagos State to be on the right side of the law and take full advantage of the 16-day grace period from 1-16 December, 2016 to remit all overdue taxes/levies and those that would fall due in the month of December in order to avoid prosecution.
The LIRS has in the last few months embarked on massive advocacy and enlightenment programmes, taking Lagos residents and taxpayers through a process of education on the laws bordering on tax administration and the need and benefits of paying taxes as and when due.
The LIRS said in a statement that in spite of the significant decline in the allocation from the federation accounts, the Lagos State government is still embarking on massive infrastructural development and renewal. These cannot be achieved if tax payers deliberately refuse to discharge their civic responsibility to the State.
“Taxpayers are hereby advised to clear all outstanding payments on or before 16 December, 2016, failing which the Lagos State Government will commence criminal prosecution of offenders, with full enforcement through distrain activities in line with relevant provisions of the Personal Income Tax Act 2004 (As amended), the statement added.
The following taxes and levies are expected to be remitted to the Lagos State Government within the grace period:
 * Tax Audit Liability of back years
 * Personal Income Tax (PAYE, Direct Assessment, Self-Assessment)
 * Withholding Tax
 * Hotel Occupancy and Restaurants Consumption Tax
 * Land Use Charge and Ground Rent
According to the Executive Chairman of LIRS, Mr. Ayodele Subair “LIRS has put all the necessary machineries in place to ensure the enforcement of the tax laws with effect from December 17, 2016 when the grace period lapses.”
He has advised all taxpayers to comply, reiterating that the full weight of the law will be brought to bear on any taxable persons or corporations who fail to remit all taxes/levies due.
“The LIRS appreciates and thanks the good people of Lagos State who have continually supported the government by voluntarily paying their taxes promptly and correctly and promises to continue to act within the ambit of the law to prosecute tax evaders,” he said.

Comments are closed.

Latest News

PETER CLAVER OPARAH The on-going anti corruption war by the Buhari regime is a... Continue
FUNSHO AROGUNDADE Asiwaju Bola Ahmed Tinubu, the former Lagos State governor and national leader... Continue
CYRIACUS IZUEKWE Traders at Aguiyi Ironsi International Trade Centre at Ladipo Market in Mushin... Continue
CYRIACUS IZUEKWE The police at State Criminal Investigation and Intelligent  Department, SCIID, Awka in... Continue
It was a delightful gathering as TV host Teju ‘Babyface’ Oyelakin officially launched his... Continue
BY SEMIU OKANLAWON Early in the life of his administration, Ogbeni Rauf Aregbesola brought up... Continue
FUNSHO AROGUNDADE Multiple award winning Afro-pop singer, Innocent ‘2baba’ Idibia has joined the star-studded... Continue
The Ooni of Ife, HRM Oba Adeyeye Enitan Ogunwusi, has been invited as a... Continue
Music lovers in Aba and its environs are in for a splendid weekend as... Continue
CHUKA UBA Apostle Pius Chigbo of The Covenant Church of Synagogue Sabbath Church in... Continue

NTEL ADVERT

Follow Us @pmexpressng