Available Spaces Available Spaces - Contact Us for more details
News

LIRS introduces new tax forms ….Reduces cost of obtaining eTCC

Lagos State Commissioner for Information and Strategy, Mr. Steve Ayorinde; Executive Chairman, Lagos State Internal Revenue Service (LIRS), Mr. Olufolarin Ogunsanwo; Commissioner for Finance, Mr. Mustapha Akinwunmi and his counterparts in the Justice Ministry, Mr. Kazeem Adeniji,
Lagos State Commissioner for Information and Strategy, Mr. Steve Ayorinde; Executive Chairman, Lagos State Internal Revenue Service (LIRS), Mr. Olufolarin Ogunsanwo; Commissioner for Finance, Mr. Mustapha Akinwunmi and his counterparts in the Justice Ministry, Mr. Kazeem Adeniji,
As part of efforts to enhance the ease of doing business in Lagos state, the Lagos Internal Revenue Service ((LIRS) has introduced announced various reforms to achieve an efficient tax administration in the state.

The chairman of LIRS Olufolarin Ogunsanwo made this known on Tuesday March 8 at a press conference held at Lagos Press centre, Alausa Ikeja.

L-R: Chairman, House Committee of Finance, Lagos State House of Assembly, Hon. Oluyinka Ogundimu; Executive Chairman, Lagos State Internal Revenue Service (LIRS), Mr. Olufolarin Ogunsanwo and the Commissioner for Finance, Mr. Mustapha Akinwunmi, during a world press conference by the board of Lagos State Internal Revenue Service, in Lagos
L-R: Chairman, House Committee of Finance, Lagos State House of Assembly, Hon. Oluyinka Ogundimu; Executive Chairman, Lagos State Internal Revenue Service (LIRS), Mr. Olufolarin Ogunsanwo and the Commissioner for Finance, Mr. Mustapha Akinwunmi, during a world press conference by the board of Lagos State Internal Revenue Service, in Lagos
According to him the agency has consistently been at the vanguard of reform activities aimed at easing the process of doing business in Lagos State in particular and by extension Nigeria, thereby several reforms have been made to achieve the objective.
Among the reforms he said is the introduction of a new two-page form to replace the old six-page which is to be used for both direct and self assessment adding “we have revised the existing 6-page Form A to a 2-page Form which will be used for both Direct and Self Assessment. The revised form and its Guide Notes will be translated to Pidgin English and Yoruba for ease of completion and wider reach”

In the same vein the chairman noted that physical filing of Annual Returns is already being complemented with e-submission (on-line submission of Annual Returns) to ease compliance by Tax Payers.

Another initiative by the LIRS according to the chairman is the introduction of customer-care desk in all the 38 Tax Stations to deal promptly with all issues that may be brought up by tax-payers saying the initiative will be complemented with the launch of LIRS Hotline that will provide 24/7 customer-call service in English, Yoruba and Pidgin English.

The chairman emphasised that payment for tax should be made convenient and because of this the agency is leveraging on technology to offer multi-modal payment portals including but not limited to PoS, mPay, online, etc without sacrificing the traditional/extant payment portal at the bank thereby taking payment portals to the tax payer for their convenience

Furthermore, Ogunsanwo pointed out that the agency has concluded all arrangements to ensure that maximum response time of 72 hours to all electronic tax clearance certificate (eTCC) requisitions is met and failure should be reported to any customer care-desk without delay.

Meanwhile the chairman disclosed that the current cumbersome requirements for replacement of lost eTCC such as Police Report, Sworn Affidavit etc are to be waived and replaced with presentation of LASRRA Card while the replacement fee is to be reduced from N2,500= to N1,000= only.

Specifically the chairman stated that the agency has commenced the process of overhauling of the informal sector operations with a view to easing voluntary compliance by tax payers in this huge sector that have been categorized into three which include the Market Men/Women and Artisans, Micro, Small & Medium Scale Enterprises (including Professionals) and Household Domestic Staff (HDS).

In view of the declining revenue from the centre as a result of fall in the price of crude oil, Ogunsanwo revealed that LIRS is poised to tapping into other revenue sources such as Consumption Tax from Hotel Occupancy, Withholding Tax on Contracts, Rent, Royalties and other areas to shore up the Revenue in the state.

Speaking at the event, the state attorney General and commissioner for justice Mr. Niji Kazeem said the administration of Governor Ambode had put in place necessary measures to end the era of tax evasion and indeed avoidance in the state, adding that tax avoiders and evaders would be aggressively pursued in line with the provisions of the law.

The Commissioner, who disclosed that the Ministry of Justice had established a Rapid Tax Prosecution Unit to aid the Lagos Internal Revenue Service (LIRS) in its drive to collect taxes, added that the unit would work closely with the Revenue Court which the Chief Judge of Lagos State recently agreed to set up.

On his part, the State Commissioner for Finance, Dr. Mustapha Akinkunmi, said the state generated at least N24.5billion from IGR in the month of January 2016, in line with the efforts of the Governor Akinwunmi Ambode-led administration to reform its tax system and develop a tax paying culture.

Akinkunmi said in the light of the reduction of federal transfers to states including Lagos, the state government was looking inwards to secure sustainable ways of increasing its revenue profile and plugging leakages in the system.

Spaces Available Here Slots Available - Contact Us For More details

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close