LIRS Reaffirms March 31 Deadline For Filing Individual Annual Tax Returns
Lagos State Internal Revenue Service (LIRS), has reaffirmed March 31 deadline for all taxpayers in the state to file annual tax returns.
The LIRS In a statement on Thursday signed by Monsurat Amasa, head, corporate communications said annual tax returns should be filed on or before March 31, 2022, to avoid penalties for insubordination.
According to LIRS, the individual taxpayers include self-employed persons and employees under the PAYE Scheme in Lagos State which is mandatory within 90 days of a new year.
LIRS noted that the directive is in line with the personal income tax act (PITA) Cap P8 2011 (as) amended).
“In accordance with provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as) amended), the Lagos State Internal Revenue Service (LIRS) is notifying all individual taxpayers, including self-employed persons and employees under the PAYE Scheme to file their Annual Tax Returns on or before 31st March, 2022,” the statement reads.
“The obligation to file annual tax returns is stipulated in Section 41 of the Personal Income Tax Act (PITA). This provision makes it mandatory for all taxable person(s) to file a return of aggregate income from all sources for the preceding year with the State tax authority in which they are deemed resident within 90 days from the commencement of every new year of assessment.”
Speaking, Ayodele Subair, LIRS executive chairman, stated that the filing can only be done on the e-Tax portal of the agency, adding that it is easier and more helpful to use.
According to Subair, to avoid payment of penalties as well as other statutory sanctions, tax officers are also assigned to help if there be any difficulty.
“Filing of tax returns in Lagos State can only be done on the LIRS e-Tax portal through the following link: https://etax.lirs.net,” Subair said.
With this directive, it’s therefore mandatory for all taxable persons in the State to register on the e-Tax portal. The e-Tax portal is built purposely for the convenience of taxpayers. It is easy, convenient and safe.”
“As part of the agency’s quest to ease compliance obligations for taxpayers, tax officers have been designated at various tax stations to assist individuals to carry out online registration and filing of tax returns on the e-Tax portal.”
Comments are closed.