2 min read 310 words 0 views
0
(0)

Lagos Confirms January 31 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 its Head of Corporate Communications, Mrs Monsurat Amasa on Sunday in Lagos.

According to the LIRS chairman, all businesses and employers of labour residents 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.

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 is 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. # Lagos Confirms January 31 Deadline for Tax Returns

>>>Nigeria’s Bond Trades Flat, Naira Falls Slightly
The post <strong>Lagos Confirms January 31 Deadline for Tax Returns</strong> appeared first on MarketForces Africa.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?