Tax returns: No going back on January 31 deadline, LIRS tells employers

The Lagos State Internal Revenue Service (LIRS) has insisted that the deadline for the filing of annual tax returns by employers of labour remains January 31, 2023.

The LIRS Executive Chairman, Mr Ayodele Subair made this known in a statement signed by the Head, Corporate Communications of LIRS, Monsurat Amasa.

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 (2) of the Personal Income Tax Act (PITA) Cap P8 LFN 2004 (as amended).

Subair said all businesses and employers of labour residents within Lagos State must file their annual income tax returns on or before January 31, 2023.

He explained that the Act stipulates January 31 as the deadline for filing of annual income tax returns, failing which a penalty accrues.

Subair said, “For filing the annual income tax returns in Lagos State, the only available platform is the LIRS e-Tax portal. 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.