LIRS set Jan 31 deadline for employers to submit annual tax returns

The Lagos State Internal Revenue Service, LIRS, has set January 31, 2024, deadline for employers of labour to submit their annual tax returns.

LIRS Head, Corporate Communications, Monsurat Amasa-Oyelude in a statement on Sunday, said:

“In accordance with applicable tax legislation, LIRS has communicated a reminder to all Employers of Labour to submit their annual tax returns on or before the stipulated deadline of January 31, 2024.”

According to the statement, “Mr. Ayodele Subair, Executive Chairman of LIRS, conveyed this in an official statement released by the agency.

“Subair emphasized that employers of labour with businesses located within Lagos State must adhere to the deadline, as failure to comply will result in penalties and other statutory sanctions outlined in section 81(3) of the Personal Income Tax (Amendment) Act 2011.

“Mr. Subair reiterated that the exclusive platform for filing annual income tax returns in Lagos State is the LIRS e-Tax portal: https://etax.lirs.net, as manual filing is no longer permissible.

READ ALSO: Wike’s boast last kick of a dying horse –APC chieftain, Eze

“He urged 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 according to Subair.

“He emphasized that the Taxpayer ID is a mandatory requirement for all employers to file their annual income tax returns on the e-Tax portal.

“Employers within the State 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,” the statement added.

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: