Aduragbemi Omiyale
By Aduragbemi Omiyale
The Lagos State Internal Revenue Service (LIRS) has advised companies and employers of labour to file their annual tax returns on or before January 31, 2024, via its e-Tax portal, as manual filing is no longer permissible.
The Executive Chairman of the LIRS, Mr Ayodele Subair, warned in a statement signed by the agency’s Head of Corporate Communications, Ms Monsurat Amasa-Oyelude, that the failure to comply will result in penalties and other statutory sanctions outlined in section 81(3) of the Personal Income Tax (Amendment) Act 2011.
In the disclosure made available to Business Post on Sunday, the LIRS chief said employers of labour with businesses located within the state must adhere to the deadline, urging businesses and employers to leverage the e-Tax portal for filing, citing its user-friendly, convenient, and secure nature.
“The e-Tax portal is designed for the convenience of taxpayers, making tax transactions easily accessible from the comfort of homes and offices,” Mr Subair noted.
He emphasised that the taxpayer ID is a mandatory requirement for all employers to file their annual income tax returns on the e-Tax portal.
According to him, employers within the metropolis are advised to generate a taxpayer ID (where applicable) for their employees and to file their P.A.Y.E returns through the e-Tax portal.
To facilitate compliance and address any filing-related concerns, LIRS has designated staff at its various offices to assist taxpayers in utilizing the e-Tax portal.
