Business

LIRS announces January 31 deadline for filing of annual tax return

Lagos State Internal Revenue Service has announced the January 31, 2022 deadline for the filing of annual income tax returns, warning that failure to comply with the directives which are pursuant to section 81 (2) of the Personal Income Tax Act (PITA) Cap P8 LFN 2004 (as amended) will attract penalties.

The Executive Chairman of LIRS, Mr Ayodele Subair, in a press statement released and signed by Monsurat Amasa, Head, Corporate Communications, urged all businesses and employers of labour resident within Lagos State, to comply with the directives to avoid payment of penalties as well as other statutory sanctions.

He reminded them that the only available platform for filing annual income tax returns in Lagos State is the LIRS e-Tax portal: https://etax.lirs.net, adding that the portal is built for the convenience of taxpayers and it is easy, convenient and safe.

The statement also stated that the taxpayer ID 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 ID (where applicable) and file their individual annual income tax returns on the e-Tax portal,” the statement read.

The agency also said part of its quest to ease compliance obligations for taxpayers, it has designated some staff at its various offices to assist taxpayers with using the e-Tax portal and other filing related issues.

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button