The Lagos State Internal Revenue Service (LIRS) has emphasised Thursday, March 31, 2022, as the deadline for individual taxpayers, including self-employed persons and employees under the PAYE scheme to file their annual tax returns in accordance with the provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as amended).
A statement signed by Monsurat Amasa, Head, Corporate Communications, LIRS, reads; “In accordance with provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as) amended), the Lagos State Internal Revenue Service (LIRS) is notifying all individual taxpayers, including self-employed persons and employees under the PAYE Scheme to file their Annual Tax Returns on or before March 31, 2022.
“The obligation to file annual tax returns is stipulated in Section 41 of the Personal Income Tax Act (PITA). This provision 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.”
Meanwhile, the Executive Chairman of Lagos State Internal Revenue Service (LIRS), Ayodele Subair, urged all individual taxpayers to file their tax returns before the stipulated end date to avoid payment of penalties as well as other statutory sanctions.
He also reiterated that filing of tax returns in Lagos State can only be done on the LIRS e-Tax portal through the following link, adding that it is, therefore, mandatory for all taxable persons in the State to register on the e-Tax portal as it is easy to use, convenient, and safe.
