Lagos Insists On January 31 Deadline For Employers’ Annual Tax Returns Business
The LIRS executive chairman, Mr Ayodele Subair, made this known in a statement signed by the head, Corporate Communications of LIRS, Monsurat Amasa yesterday.
According to the LIRS executive chairman, all businesses and employers of labour residents within Lagos State must file their annual income tax returns on or before January 31, 2023, as failure to comply with the directive would attract penalties as well as other statutory sanctions as stipulated in section 81 of the Personal Income Tax Act Cap P8 LFN 2004 .
The Act stipulates January 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.
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