BY Busola Aro
The Lagos State Internal Revenue Service (LIRS) says all individual taxpayers in the state must file their annual tax returns on or before March 31, 2024, to avoid penalties for non-compliance.
Ayodele Subair, executive chairman, LIRS, in a statement signed by Monsurat Amasa-Oyelude, head, corporate communications, on Sunday, said the directive is in line “with the Personal Income Tax Amendment Act (PITA) Cap P8 2011”.
The agency said the directive includes self-employed individuals and employees under the pay-as-you-earn (PAYE) scheme.
“Under Section 41 of the Amendment Act, all taxable entities must submit a return reflecting their total income from all sources for the preceding fiscal year to the relevant state tax authority within 90 days of the commencement of each new assessment year,” Subair said.
He said employees and individual taxpayers should fulfil their obligation by the stipulated date to avoid penalties and other statutory consequences.
While emphasising that tax returns should be submitted exclusively through the LIRS eTax portal, “which can be accessed at https://etax.lirs.net,” Subair said all taxable entities within Lagos state must register on the eTax portal.
The LIRS boss said the eTax portal has been designed to provide ease, convenience, and security to taxpayers.
Subair also said in ensuring commitment to facilitating compliance for taxpayers, dedicated tax officers would be available at various tax stations to assist individuals in completing online registration and tax return submissions via the eTax portal.
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