LIRS reaffirms Jan. 31 as deadline for tax returns

The Lagos State Internal Revenue Service (LIRS) says Jan. 31 remains the deadline for filing of annual tax returns by employers of labour.

LIRS Chairman, Mr Ayodele Subair, made this known in a statement issued by it Head of Corporate Communications, Mrs Monsurat Amasa on Sunday in Lagos.

According to the LIRS chairman, all businesses and employers of labour resident within Lagos State must file their annual income tax returns on or before Jan. 31.

Subair warned that failure to comply with the directive would attract penalties as well as other statutory sanctions as stipulated in the Personal Income Tax Act of Lagos State.

Newsmen reports that the Act stipulates Jan. 31st as the deadline for filing of annual income tax returns, failing which a penalty accrues.

“For filing the annual income tax returns in Lagos State, the only available platform is the LIRS e-Tax portal: https://etax.lirs.net; the e-Tax portal built for the convenience of taxpayers and is easy, convenient and safe.

“All businesses and employers of labour are advised to use the e-Tax portal to file their returns.

“With the e-Tax system, corporate bodies are expected to find it more convenient to carry out tax transactions in the comfort of their homes and offices.

“Taxpayer identity of all employees is compulsory for the annual income tax returns to be successfully filed on the e-Tax portal.

“Therefore, all employees and taxable persons within the state are advised to generate a taxpayer identity, where applicable and file their individual annual income tax returns on the e-Tax portal,’’ Subair said in the statement.