LIRS Sets January 31 As Deadline For Filing Annual Tax Returns By Employers Of Labour

As the new year begins, Lagos State Internal Revenue Service (LIRS) has reminded businesses and employers of labour of their statutory obligation to file annual income tax returns pursuant to section 81 (2) of the Personal Income Tax Act (PITA) Cap P8 LFN 2004 (as amended).

The Executive Chairman of Lagos State Internal Revenue Service, Mr. Ayodele Subair said the  Act stipulates January 31^st as the deadline for filing of annual income tax returns, failing which penalty accrues.

 Subair urged all businesses and employers of labour resident within Lagos State to file their annual income tax returns on or before January 31, 2022, to avoid payment of penalties as well as other statutory sanctions.

The agency, in a statement signed by  Monsurat Amasa, LISR Head, Corporate Communications said the only available platform for filing of annual income tax returns in Lagos State is the LIRS e-Tax portal: https://etax.lirs.net

“The e-Tax portal is built for convenience of taxpayers, is easy, convenient and safe. All businesses and employers of labor are advised to use the e-Tax portal to file their returns.

“Taxpayer ID of all employees is compulsory for the annual income tax returns to be successful 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.

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