The Lagos State Internal Revenue Service (LIRS) has deployed an electronic payment remittance platform aimed at increasing monthly consumption tax revenue to N1 billion. Executive Chairman of LIRS, Mr. Ayodele Subair, disclosed this while speaking to journalists on the launch of the platform last week. He stated: “This remittance system is aimed to help in […]
LIRS targets N1bn monthly consumption tax with ePayment Read More »
Internal auditors are getting more involved in technology initiatives like cybersecurity and data analytics, according to several new reports. One of the reports, from PricewaterhouseCoopers, found that 75 percent of companies who use internal audit technology will see a return on investment, but only 14 percent of internal audit functions are advanced in their adoption
Property owners in highbrow areas across the country are now targets of federal and state governments tax agencies determined to stop tax evaders. Presidency sources told PREMIUM TIMES on Monday in Abuja that government searchlight was now beamed on this class of property owners seen as the worst tax offenders. The source who requested not
Tax evasion: Nigerian govt to target property owners in highbrow areas Read More »
The federal government has said it has identified a new batch of over 130,000 high net worth individuals and companies with potential tax underpayments. They were uncovered via the data mining efforts of the Ministry of Finance’s Project Lighthouse. The Minister of Finance, Mrs. Kemi Adeosun, made the disclosure yesterday while appearing on the ‘Good
Tax Offenders: FG Identifies 130,000 High Net Worth Individuals, Companies Read More »
As part of the federal government’s drive for ease of doing business in Nigeria, the corporate affairs commission (CAC) has concluded plans to end physical submission of application forms for new registration of companies, business names and incorporated trustees in twenty-one (21) state offices. According to the CAC; “In order to ensure efficient service delivery
Ease of doing business: CAC set to end Physical Applications for business Registrations Read More »
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