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Ayodele Subair

Lagos revenue agency directs employers to deduct 10% as tax from terminal benefits

The Lagos Inland Revenue Service (LIRS) has directed employers to deduct capital gains tax (CGT) from any sum paid to employees on termination of their services.

LIRS: No case of multiple taxation in Nigeria

Lagos Inland Revenue Service (LIRS) director Shade Coker says contrary to widely-spread belief, there are no cases of multiple taxation in Nigeria

Lagos government urged to simplify land title documents process

A property consultant, Mr Chudi Ubosi, on Monday called on Lagos State Government to simplify the processing and granting of Certificate of Occupancy (C of O), Layout Permit and other land title documents.

Lagos government generates N103.5 billion revenue in Q1 2018

The Lagos State Government generated an Internally-Generated Revenue (IGR) of about N103.5 billion for the first quarter of 2018.

Court hears hotel owners suit against Lagos government

A Federal High Court in Lagos on Tuesday fixed May 7 to hear a suit challenging the new Hotel Occupancy and Restaurant Consumption Law of Lagos State.

Lagos government to challenge court order suspending consumption tax law

The Lagos State Government has rejected an injunction by a Federal High Court sitting in Ikoyi which temporarily restrained it from enforcing the provisions of the 2017 Hotel Occupancy and Restaurant (Fiscalisation) Regulations 2017.

Experts: Nigeria’s tax to GDP ratio one of the poorest in Africa

Financial experts have lamented the country’s tax to GDP ratio, describing it as one of the poorest in Africa.

Alpha Beta: No contract with Lagos govt on new land use law

Alpha Beta Consulting said on Thursday that it has no contract with the Lagos State Government in execution of the state’s newly-introduced land use law.

Babatunde Fowler: We’ll sell properties of companies who don’t pay tax

Babatunde Fowler, executive chairman, Federal Inland Revenue Service (FIRS), says the federal government is processing court documents that will allow it sell properties of companies who have been evading taxes.

LIRS: Lagosians have the right to appeal land use charge

Ayodele Hamzat Subair, executive chairman of the Lagos Inland Revenue Service (LIRS), says citizens have the right to appeal land use charges if they feel it is an unjust amount.

Lagos govt shuts 20 hotels, events centres over tax evasion

The Lagos State Internal Revenue Service (LIRS) has shut down 20 hotels, restaurants and event centres because of their failure to remit taxes.

How VAIDS’ll expose wealthy tax debtors – LIRS chair

Mr. Hamzat Ayodele Zubair, Chairman, Lagos Inland Revenue Service (LIRS), has stated that wealthy Nigerians who have been underpaying taxes will be easily exposed if they fail to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS).

Lagos revenue agency to commence automated collection of tax from hotels, others

In line with global best practice in the use of technology and automated solutions, the Lagos State Internal Revenue Service has introduced recently an Electronic Revenue Assurance System for Hotels, Restaurants, Night Clubs and Event Centres in Lagos State to elicit automatic compliance with the extant Hotel Occupancy and Restaurant Consumption Tax Law of Lagos State as amended.

Lagos govt moves against celebrity tax defaulters

The Lagos State Government has begun moves to tackle high-profile tax defaulters in the state and ensure high level of compliance with its tax laws.

Governor Ambode names park after predecessors, lauds their achievements

The Lagos State Governor, Akinwunmi Ambode, on Wednesday described three of his predecessors as architects of the state who contributed immensely its transformation.

Lagos govt shuts 11 hotels over N354.75 million tax evasion

The Lagos State Internal Revenue Service (LIRS) on Thursday shut 11 hotels, restaurants and event centres over alleged failures to remit their taxes under the Hotel Occupancy and Restaurant Consumption Laws of Lagos State 2009.

Lagos seals off 18 hotels, event centres over tax evasion

The Lagos State Internal Revenue Service (LIRS) has shut 13 hotels, restaurants and event centers for failure to pay their taxes to the state government in accordance with the Hotel Occupancy and Restaurant

Lagos shutdown 13 hotels, event centres over N426.97 million tax evasion

The Lagos State Internal Revenue Service (LIRS) has shut 13 hotels, restaurants and event centers for failure to pay their taxes due under the Hotel Occupancy and Restaurant Consumption Laws of Lagos State 2009.

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APC campaign petitions IGP, DSS over PDP’s illegal access to INEC server

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