LIRS Re-echoes March 31 Deadline to Taxpayers

By Aduragbemi Omiyale

The Lagos State Internal Revenue Service (LIRS) has reminded taxpayers in the state of the need to file their annual returns to the agency on or before March 31, 2022.

The LIRS, in a statement, said failure to adhere to the letters of the law attracts sanctions.

The obligation to file annual tax returns is stipulated in Section 41 of the Personal Income Tax Act (PITA) and it 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.

In accordance with provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as amended), the LIRS is notifying all individual taxpayers, including self-employed persons and employees under the PAYE Scheme to file their annual tax returns as required by law.

In the statement, the Executive Chairman of LIRS, Mr Ayodele Subair, urged all individual taxpayers, including self-employed persons and employees under the PAYE scheme in Lagos State to file their annual tax returns to avoid payment of penalties as well as other statutory sanctions.

He also emphasized that 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.

According to him, it is mandatory for all taxable persons in the state to register on the e-Tax portal, which was built purposely for the convenience of taxpayers as 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.