Lagos says individual tax filings rose 92% in a year

Summary by Informed1 source

Summary

The Lagos State Internal Revenue Service says individual tax filings rose sharply between 2025 and 2026, alongside growth in corporate filings and overall revenue collections.

Highlights

  • LIRS said individual statutory annual filings rose by 92% between 2025 and 2026, while corporate filings increased by 11%.
  • The figures were presented at the Lagos Chamber of Commerce and Industry’s stakeholders’ forum on emerging tax matters in Lagos.
  • LIRS said Lagos also recorded a 29% increase in overall tax revenue collections in the first half of 2026 compared with the same period in 2025.
  • PAYE collections rose by 36%, while other revenue lines increased by 15%, according to the tax agency.
  • LIRS said the reforms were changing taxpayer behaviour and called for more taxpayer education and compliance outreach.

Sources

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