Man accuses payroll company of stealing millions in taxes, remitting only ₦100 monthly to LIRS

A Nigerian man has called out a payroll company for allegedly embezzling employees' taxes by collecting millions of naira from startups and remitting only ₦100 to the Lagos State Inland Revenue Service (LIRS).

The accusation was made on the social media platform X (formerly Twitter) by user @hackSultan, who accused the company of fraud and urged affected startups to verify their tax remittances.

In his post, he wrote:

"This Nigerian payroll company has been stealing employee tax (PAYE) from all the startups using them. They collect millions from startups and remit just ₦100 monthly."

"They collect millions from us and remit ₦100 to LIRS. These guys remit ₦100, get a receipt for it, then forge new receipts to match the full amount they were supposed to remit and submit that."

"If you're a Nigerian startup using @bento_africa, please visit FIRS and confirm that they're remitting all the PAYE they're collecting from you."

"We've stopped using them, but during the period we engaged their services, they remitted only ₦100 and faked payment transactions to FIRS."

"Throughout 2023, they were collecting millions in employee taxes while remitting just ₦100. Many companies are affected, especially tech startups. If you've used them as far back as 2023 or beyond, physically visit your tax office to confirm whether your PAYE was properly remitted."

The man's revelation has sparked discussions about accountability and fraud within payroll systems in Nigeria.

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