News hotlines: 08111813019, 08025868561
Email: email@example.com, firstname.lastname@example.org
As the new year begins, Lagos State Internal Revenue Service (LIRS) wishes its esteemed taxpayers a prosperous 2022.
The agency also reminds 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 Act stipulates January 31st as the deadline for filing of annual income tax returns, failing which penalty accrues.
The Executive Chairman of Lagos State Internal Revenue Service, Mr. Ayodele Subair urges 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 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.
As part of the Agency’s 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.
Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.