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LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres - Business - Nairaland

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LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by BrandSpurNG: 6:47am On Feb 14, 2018
In line with global best practice in the use of technology and automated solutions, the Lagos Internal Revenue Service (LIRS) has introduced recently an Electronic Revenue Assurance (ERA) 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. The law imposes a 5% Consumption Tax on all expenditures made on products and services at the hospitality outlets in line with section 2 of the Hotel Occupancy and Restaurant Consumption Law of June 2009.

The ERA System ensures financial accountability and efficiency for collecting Agents, accurate deduction and automatic, transparent remittance of consumption tax as well as rewards for consumers.

Speaking on how the newly adopted technology works, Chairman of the LIRS, Mr Ayodele Subair, stated that the Electronic Revenue Assurance System using the Electronic Fiscal Device (EFD) is a software application/device that issues invoices and receipts to consumers bearing a unique QR code, detailing the items and/or services ordered and an embedded automation of Consumption Tax remittance in real time. To protect consumers, payments and receipts generated will be tracked and monitored to verify the authenticity of receipts issued. We hereby implore owners of restaurants, hotels, nightclubs and event centres in Lagos State to embrace and comply with this new initiative not only because of the legal consequences of its violation but also for its mutual socio-economic benefits.

LIRS is determined to give back to loyal Consumption Taxpayers who request for their receipts generated by collecting Agents with a reward scheme being put in place.

Reacting to the introduction of the ERA Solution to the hospitality industry, Mr Rasheed, owner of Islanders Hotels & Suites in Lagos, agreed that the device would benefit consumers while providing an easier automated accounting solution for his business.

The hotelier in his statement said “we have struggled with problems of accountability in our hotel in the past with some staff of questionable character pocketing money that should be coming to the hotel for themselves. Once the ERA is installed in our hotel and with consumers requesting for their receipts through the platform, we will be able to keep an accurate account of dealings in our hotels and restaurants. More so, we will have no need to stretch our capacity in keeping records for the LIRS in order to avoid being shut down by the government for avoiding taxes since the device helps us remit Consumption Taxes automatically to the government as at when due”.

SOURCE : https://brandspurng.com/lirs-begins-automated-collection-of-consumption-tax-for-hotels-restaurants-and-event-centres/

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by postbox: 7:04am On Feb 14, 2018
Ok
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by rodeo0070(m): 7:31am On Feb 14, 2018
Eko oni baje o

1 Like

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by fantasti: 7:42am On Feb 14, 2018
Ok
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by benben1000: 7:42am On Feb 14, 2018
Here they go again...sucking blood out of Biafraans. Everyone knows that 80% of hotels in Nigeria are owned by SE and SS. Afonjas and Hausa-Fulani don't invest in hotel business in numbers.

6 Likes 1 Share

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by mcquin(m): 7:42am On Feb 14, 2018
Eko no go baje. Lai Lai. How a state thinks ahead of a country beats me.

In compliance with tax payment, Nigeria ranks very low on the index, how then do we think we'll develop our infrastructure? In Benin, prior to Obaseki coming on board, Na Agberos de chop the tax, if you see their chairmen, you go know wetin tax money fit do; they live like politicians.

Electronic means of collecting tax is the way to go.

2 Likes

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by Ghnaija(m): 7:43am On Feb 14, 2018
grin
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by johnnychuks(m): 7:43am On Feb 14, 2018
Eko don baje since
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by Bullhari007(m): 7:44am On Feb 14, 2018
They should include. Churches , mosques, even shrines

1 Like 1 Share

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by Nobody: 7:46am On Feb 14, 2018
elitist government always looking for where to steal from

3 Likes

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by Nobody: 7:47am On Feb 14, 2018
Lagos is bae!
Another revenue is here.....
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by arizonababa: 7:47am On Feb 14, 2018
Good for lagos
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by Jabioro: 7:47am On Feb 14, 2018
Well,let the installation be free,
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by mcquin(m): 7:48am On Feb 14, 2018
Jupxter:
elitist government always looking for where to steal from
Name the country where tax isn't paid by both the poor and the rich.

And last time I checked, the poor don't really use hotels and event centres in Nigeria as the rich. Do they?

5 Likes 1 Share

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by SmartMugu: 7:48am On Feb 14, 2018
Lagos State just wants money by all means necessary.

1 Like

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by quinnboy: 7:49am On Feb 14, 2018
Lagos.... The las Vegas of Nigeria.
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by MrMcJay(m): 7:51am On Feb 14, 2018
benben1000:
Here they go again...sucking blood out of Biafraans. Everyone knows that 80% of hotels in Nigeria are owned by SE and SS. Afonjas and Hausa-Fulani don't invest in hotel business in numbers.

The worst form of poverty is the inability to pay attention. Not only are you suffering from mental poverty, you're a bigot too.

LIRS is for Lagos alone and not the entire country. You're unaware of that as you're an ill-bred bigot who has nothing to show for himself but the achievements of others.

12 Likes 1 Share

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by Daslim180(m): 7:52am On Feb 14, 2018
benben1000:
Here they go again...sucking blood out of Biafraans. Everyone knows that 80% of hotels in Nigeria are owned by SE and SS. Afonjas and Hausa-Fulani don't invest in hotel business in numbers.

Is too early to start this your bigotry

5 Likes

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by oyetunder(m): 7:52am On Feb 14, 2018
IN A country where snakes had stop swallowing rats...but now prefer millions of naira notes. So far corruption is still a citizen of our Nation...all generated incomes shall go down deep to the stomachs of pytons.

2 Likes 1 Share

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by lagdmark(m): 7:52am On Feb 14, 2018
Tax the celebs like in Europe and you stop hearing 30 billion 4 account.
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by kolawoleibukun: 7:52am On Feb 14, 2018
This is very bad. You can only stress on tax when the government has done its quota. Are you taxing a firm that runs on diesel? all these hotels runs on diesel. no power and they still pay their tax. is the cost of diesel taking into consideration? can they sue the government for lack of power? In a sane society these hotels and firms can sue the government for lack of power to run their businesses.

businesses that government cannot create, and they are hunting down individuals who do not embezzle public funds and syphon the to a foreign account. These are individuals who invested their hard-earned money in Nigeria to create jobs and sustain the economy. why do we make life miserable for ourselves? I am not saying that they should not pay their taxes but why does it have to be one-sided? who is checkmating PHCN? Who is checking the government? People still collect salaries and annual allowances in the Federal Ministry of Water Resources. There is a minister for water in this country and the populace buy and drink germs and bacteria everyday. People dig borehole and wells because they just believe that they owe themselves these facilities. The government owes you that. there is a minister paid to provide water for Nigerians and for these hotels.
Many businesses have closed up due to the recession and many investors are frustrated already. there are no jobs for the youths and things are getting worse. instead of chasing these hotels and private investors why not create businesses for us? The tax is not useful to us because they do not achieve anything from it. all the awarded contracts and bail out fund do not come from taxes. we are still borrowing, we are getting aids from the US, stolen funds are being recovered, where do they all go?
imagine educated and experienced Nigerians are happy that they are paid 150k per month. With families and rents to cater to.

6 Likes

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by CocoaOla: 7:52am On Feb 14, 2018
So government will not allow people to eat in peace again expect food price hikes soon

1 Like

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by Okoyeebos: 7:52am On Feb 14, 2018
benben1000:
Here they go again...sucking blood out of Biafraans. Everyone knows that 80% of hotels in Nigeria are owned by SE and SS. Afonjas and Hausa-Fulani don't invest in hotel business in numbers.

I read your post and I regret not supporting abortion.
They said LIRS, you're crying that SS and SE own 80% of the hotels in Nigeria.

You're a mistake that could have been prevented by a N50 condom. See the nonsense you're spewing? No self-respecting animal would disgrace itself the way you have done.

I just hope your family don't have the misfortune of having more than one of something like you at home.

12 Likes 1 Share

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by thesettingz(m): 7:53am On Feb 14, 2018
Booked
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by Pavore9: 7:54am On Feb 14, 2018
LASG sabi collect revenue! cheesy
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by hezy4real01(m): 7:54am On Feb 14, 2018
Lagos we know.... Others are still learning .... Eko oni baje

1 Like

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by hezy4real01(m): 7:54am On Feb 14, 2018
Lagos we know.... Others are still learning .... Eko oni baje

1 Like

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by Pavore9: 7:56am On Feb 14, 2018
benben1000:
Here they go again...sucking blood out of Biafraans. Everyone knows that 80% of hotels in Nigeria are owned by SE and SS. Afonjas and Hausa-Fulani don't invest in hotel business in numbers.

If you are operating in Lagos, you either pay it or relocate back to your village where no one will disturb you!

8 Likes

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by mcquin(m): 7:56am On Feb 14, 2018
SmartMugu:
Lagos State just wants money by all means necessary.
You keep complaining it is Federal Government that is developing Lagos, yet cry fowl when Lagos government decides to generate it's money.
How really do you expect the government to cater for the needs of millions of Nigerians living in that small city.

You lots fail to talk about your state governments and their achievements. Please shun statements driven by tribal hate. No country develops using leaf from trees.

5 Likes

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by ewebiodun: 8:05am On Feb 14, 2018
I am not getting, u mean I should be collecting and keeping hotel receipts. No be GBEge be that....the is no story u will tellmadam that will make her trust u 100%

1 Like

Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by fatymore(f): 8:08am On Feb 14, 2018
Thank God people are now getting matured... I can't see people wearing red on white like masquerade back in the days
Re: LIRS Begins Automated Collection Of Consumption Tax For Hotels And Event Centres by omowolewa: 8:08am On Feb 14, 2018
Thatz why I cook, Imagine VAT, Consumption Tax, Service Charge and Profit on my plate of food. Thatz more than 40%!

Please tell the 'something light' babes that valentine has been postponed.

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