The Lagos State Internal Revenue Service (LIRS), an agency of the state government, on Friday announced the shutting of a total of 250 companies in 2013 over their refusal to remit their workers’ personal income tax to government.
Disclosing this as part of the review of its activities for last year, Head, Distrain Unit of LIRS, Mrs. Folasade Coker-Afolayan said the firms were shut for refusing to remit N2.7bn, being the amount they should have returned to the government for periods ranging between one and six years.
Explaining that the total number of firms shut in 2013 exceeded the ones shut in 2012 by over 100 percent, she said: “In 2012, we sealed 120 companies for failing to remit N450 million, but last year 250 companies were sealed for not remitting N2.7 billion”.
She described tax enforcement by the Lagos State Government as very successful, adding that tax payment is a civic responsibility of all.
Warning against a repeat of such criminal acts by firms in the state especially in 2014, Coker-Afolayan threatened a more drastic sanction to any company or organisation that goes against the law relating to remittance of tax in the state.
She advised tax payers to cooperate with tax officers in the state, adding that prompt payment of tax would enable the government to provide the necessary infrastructure and improve the standard of living of the people.
The Lagos State Internal Revenue Service (LIRS), an agency of the state government, on Friday announced the shutting of a total of 250 companies in 2013 over their refusal to remit their workers’ personal income tax to government.
Disclosing this as part of the review of its activities for last year, Head, Distrain Unit of LIRS, Mrs. Folasade Coker-Afolayan said the firms were shut for refusing to remit N2.7bn, being the amount they should have returned to the government for periods ranging between one and six years.
Explaining that the total number of firms shut in 2013 exceeded the ones shut in 2012 by over 100 percent, she said: “In 2012, we sealed 120 companies for failing to remit N450 million, but last year 250 companies were sealed for not remitting N2.7 billion”.
She described tax enforcement by the Lagos State Government as very successful, adding that tax payment is a civic responsibility of all.
Warning against a repeat of such criminal acts by firms in the state especially in 2014, Coker-Afolayan threatened a more drastic sanction to any company or organisation that goes against the law relating to remittance of tax in the state.
She advised tax payers to cooperate with tax officers in the state, adding that prompt payment of tax would enable the government to provide the necessary infrastructure and improve the standard of living of the people.
