The Lagos State Government, acting through the Lagos State Internal Revenue Service (LIRS), has affirmed that the deadline of January 31, 2024, for Employers of Labour to submit their annual tax returns remains non-negotiable.
Mr Ayodele Subair, the Executive Chairman of LIRS, conveyed this in an official statement, underlining that employers with businesses located within Lagos State must adhere to the stipulated deadline. Non-compliance will result in penalties and other statutory sanctions outlined in section 81(3) of the Personal Income Tax (Amendment) Act 2011.
Subair reiterated that the LIRS e-Tax portal is the exclusive platform for filing annual income tax returns in Lagos State, emphasizing that manual filing is no longer allowed. He encouraged businesses and employers to use the e-Tax portal for filing due to 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,” highlighted Subair. He stressed that the Taxpayer ID is a mandatory requirement for all employers to file their annual income tax returns on the e-Tax portal.
Employers in the state are advised to generate a taxpayer ID (where applicable) for their employees and submit their P.A.Y.E returns through the e-Tax portal. LIRS has assigned staff at its various offices to assist taxpayers in utilizing the e-Tax portal, aiming to facilitate compliance and address any filing-related concerns. For additional information or inquiries, taxpayers are encouraged to visit the agency’s website.
