• Home
  • Featured
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Crime
  • More
    • Celebration
    • Interviews
    • Health
    • Investigations
    • Metro
    • The Parliament
    • Opinion
    • TGN Award Night
    • Religion
    • Security
    • Sports
    • Technology
    • World

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

RIPAN Knocks Saboteurs Behind Border Re-Opening Video, Cautions FG

June 9, 2023

Real Reasons We Postponed 2023 Census – NPC

June 9, 2023

CBN Lists Benefits Of E-Naira, Intensifies Sensitisation Campaign

June 9, 2023
Facebook Twitter Instagram
Trending
  • RIPAN Knocks Saboteurs Behind Border Re-Opening Video, Cautions FG
  • Real Reasons We Postponed 2023 Census – NPC
  • CBN Lists Benefits Of E-Naira, Intensifies Sensitisation Campaign
  • Tinubu Signs Electricity Bill Into Law 
  • Revealed: What Tinubu Told Traditional Rulers At Aso Rock Meeting 
  • 37 Private Universities Get Licences + Full List
  • Just In: Tinubu Suspends CBN Gov Emefiele From Office 
  • Man Kills Wife, Himself After She Threatened To Divorce Him & Marry ex-Boyfriend
Facebook Twitter Instagram YouTube
The Gazelle NewsThe Gazelle News
  • Home
  • Featured
  • News
    Featured

    RIPAN Knocks Saboteurs Behind Border Re-Opening Video, Cautions FG

    By Khadijah OlowodeJune 9, 20230
    Recent

    RIPAN Knocks Saboteurs Behind Border Re-Opening Video, Cautions FG

    June 9, 2023

    Real Reasons We Postponed 2023 Census – NPC

    June 9, 2023

    CBN Lists Benefits Of E-Naira, Intensifies Sensitisation Campaign

    June 9, 2023
  • Politics
    Featured

    Revealed: What Tinubu Told Traditional Rulers At Aso Rock Meeting 

    By Khadijah OlowodeJune 9, 20230
    Recent

    Revealed: What Tinubu Told Traditional Rulers At Aso Rock Meeting 

    June 9, 2023

    Why You Need To Support Akpabio, Abbas, Tinubu Tells Lawmakers-elect

    June 9, 2023

    Economy, Security, Take Centre Stage As Enugu Governor, Mbah meets Tinubu; Presses For Kanu’s Release 

    June 9, 2023
  • Business
    Featured

    RIPAN Knocks Saboteurs Behind Border Re-Opening Video, Cautions FG

    By Khadijah OlowodeJune 9, 20230
    Recent

    RIPAN Knocks Saboteurs Behind Border Re-Opening Video, Cautions FG

    June 9, 2023

    Israel To Partner Nigeria To Create 1m Jobs Through Digital Economy 

    June 9, 2023

    Shareholders Commend Wema Bank Management On Good Corporate Performance

    June 4, 2023
  • Entertainment
    Featured

    Burna Boy, Wizkid, Tems, Asake, Ayra Starr, Nominated For 2023 BET Awards + Full List Of Nominees

    By Khadijah OlowodeJune 9, 20230
    Recent

    Burna Boy, Wizkid, Tems, Asake, Ayra Starr, Nominated For 2023 BET Awards + Full List Of Nominees

    June 9, 2023

    Actor Saidi Balogun Loses Younger Sister

    June 9, 2023

    Former Runs Girl Mandy Kiss Turns Gospel Musician

    June 9, 2023
  • Education
    Featured

    37 Private Universities Get Licences + Full List

    By Khadijah OlowodeJune 9, 20230
    Recent

    37 Private Universities Get Licences + Full List

    June 9, 2023

    Six Students To Represent Nigeria At Microsoft World Championship In US

    June 9, 2023

    WAEC Arrests Principals, Supervisors, Others For Examination Malpractices

    June 9, 2023
  • Crime
    Featured

    Man Kills Wife, Himself After She Threatened To Divorce Him & Marry ex-Boyfriend

    By Khadijah OlowodeJune 9, 20230
    Recent

    Man Kills Wife, Himself After She Threatened To Divorce Him & Marry ex-Boyfriend

    June 9, 2023

    EFCC Arrests Twins, 26 Others for ‘Yahoo’ Offence 

    June 9, 2023

    Man Bags Three Years for Keke NAPEP Investment Scam in Maiduguri

    June 8, 2023
  • More
    • Celebration
    • Interviews
    • Health
    • Investigations
    • Metro
    • The Parliament
    • Opinion
    • TGN Award Night
    • Religion
    • Security
    • Sports
    • Technology
    • World
The Gazelle NewsThe Gazelle News
Home»LIRS To Implement Additional Tax Incentives, Reliefs To Lagos Taxpayers 

LIRS To Implement Additional Tax Incentives, Reliefs To Lagos Taxpayers 

The Gazelle NewsBy The Gazelle NewsJuly 21, 2020No Comments3 Mins Read
LIRS
Share
Facebook Twitter LinkedIn Pinterest Email

In furtherance of the commitment to mitigate the negative effect of COVID-19 pandemic on individuals and businesses, Lagos State Internal Revenue Service (LIRS) has commenced the implementation of additional reliefs and measures to further ease the impact of the pandemic on taxpayers in Lagos State starting from Thursday, July 16, 2020.

These additional measures and incentives are sequel to the agency’s initial 3-month extension of the deadline for filing of annual returns (from March 31 to June 30, 2020).

According to the Executive Chairman, LIRS, Mr. Ayodele Subair, “the following measures are to be implemented to further ease the impact of the pandemic on our esteemed taxpayers in Lagos state: LIRS shall allow on a case by case basis, payment of outstanding liabilities in instalments to ease cash flow challenges that may affect taxpayers. Taxpayers are to enjoy a waiver of penalty for late payment of liabilities under PAYE (Pay As You Earn) that was due during the period of March-May, 2020 when the State was under COVID-19 lockdown.

In addition, a waiver of penalties due on late filing of 2020 annual tax returns known as ‘Form A’ will be granted. A remarkable waiver of interest and penalty on liabilities arising from 2009 to 2015 tax audit for taxpayers who can pay up on or before December 31, 2020 will be implemented.

In appreciation of taxpayers that have supported the State Government in the fight against the pandemic, the LIRS through the Lagos State Government will be granting tax credit of 20% of all cash and kind donations made towards Covid-19 by individuals resident in the State for the 2021 Year of Assessment (subject to a cap of 35% of tax due).”

He further announced that additional payment channels have been opened up to make payment of taxes easier, simpler and more convenient for all. The Executive Chairman pronounced that Video Conferencing has been adopted as the default mode for conducting Tax Audit Reconciliation Committee [TARC] meetings in consonance with social distancing advisories from Government and other relevant health authorities.

He encouraged taxpayers to make use of the Agency’s digital communication platforms to get updates on its operations and details of all tax payment platforms.

He enjoined all businesses and individuals resident in Lagos State to take advantage of these additional palliatives and reciprocate the kind gestures of Lagos State Government by discharging their civic responsibilities through prompt payment of all taxes and levies due to the State.

The LIRS urges the Lagos State residents to stay safe and obey all Covid-19 guidelines as stipulated by the relevant health authorities and Lagos State Government.

For further enquiries, taxpayers are encouraged to visit the LIRS website, www.lirs.gov.ng, and its various social media platforms @lirsgovng or by calling the Customer Care Centre on 0700 CALL LIRS (0700-2255-5477).

Related

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
The Gazelle News
  • Website

Don't Miss
Business

RIPAN Knocks Saboteurs Behind Border Re-Opening Video, Cautions FG

By Khadijah OlowodeJune 9, 20230

The Rice Processors Association of Nigeria, RIPAN, suspects that persons and groups who do not…

Real Reasons We Postponed 2023 Census – NPC

June 9, 2023

CBN Lists Benefits Of E-Naira, Intensifies Sensitisation Campaign

June 9, 2023

Tinubu Signs Electricity Bill Into Law 

June 9, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Most Viewed Posts
  • APO Press Releases
  • How Olori Ajoke Found A New Life Outside Oyo Kingdom
  • Wig-wearing Women to pay Tax
  • Exclusive: Drama At GAC Meeting As ex-Dep Gov, Senator, Others Tackle Speaker Over Alleged Attempt To Impose LG Chairmanship Candidates 
  • After DNA Tests Proved All Three Children Were Not His, ex-Aston Villa Striker Regains Possession Of 7-bedroom Mansion From ex-Wife
About Us
About Us

Your source for the lifestyle news. This demo is crafted specifically to exhibit the use of the theme as a lifestyle site. Visit our main page for more demos.

We're accepting new partnerships right now.

Email Us: tgnews2013@gmail.com
Contact: +234-802-304-5855

Most Viewed Posts
  • APO Press Releases Views: 65328 August 27, 2020
  • How Olori Ajoke Found A New Life Outside Oyo Kingdom Views: 45226 November 5, 2020
  • Wig-wearing Women to pay Tax Views: 39700 September 5, 2020
  • Exclusive: Drama At GAC Meeting As ex-Dep Gov, Senator, Others Tackle Speaker Over Alleged Attempt To Impose LG Chairmanship Candidates  Views: 31890 May 25, 2021
Search
New Comments
    Facebook Twitter Instagram Pinterest
    • Home
    © 2023 The Gazelle News. Designed by DeedsTech.

    Type above and press Enter to search. Press Esc to cancel.

    Please wait...

    Subscribe to our newsletter

    Want to be notified when our article is published? Enter your email address and name below to be the first to know.
    SIGN UP FOR NEWSLETTER NOW