The Lagos State Internal Revenue Service (LIRS) has issued a stern reminder to all employers of labor to submit their annual tax returns before the looming deadline of January 31, 2024.
Ayodele Subair, the Executive Chairman of LIRS, conveyed this imperative in an official statement released by the agency. Stressing the significance of adherence to the deadline, Subair warned that failure to comply would result in penalties and other statutory sanctions outlined in section 81(3) of the Personal Income Tax (Amendment) Act 2011.
The exclusive platform endorsed by LIRS for filing annual income tax returns in Lagos State is the [LIRS e-Tax portal](https://etax.lirs.net). Subair emphasized that manual filing is no longer permissible, urging businesses and employers to leverage the e-Tax portal for 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,” noted Subair.
Subair underscored 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 strongly advised to generate a taxpayer ID (where applicable) for their employees and 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,” he added.
As the deadline approaches, businesses are urged to prioritize compliance to avoid penalties and ensure a seamless tax filing process for the 2024 fiscal year.
Key Points:
- The Lagos State Internal Revenue Service (LIRS) has issued a reminder for employers to submit their annual tax returns by January 31, 2024.
- Ayodele Subair, the Executive Chairman of LIRS, stressed the importance of adhering to the deadline to avoid penalties and statutory sanctions.
- The exclusive platform for filing annual income tax returns in Lagos State is the LIRS e-Tax portal: https://etax.lirs.net.
- Manual filing is no longer permissible, and Subair encouraged businesses to leverage the user-friendly, convenient, and secure e-Tax portal.
- The Taxpayer ID is mandatory for employers to file their annual income tax returns, and Subair advised generating a taxpayer ID for employees.
- LIRS has designated staff at various offices to assist taxpayers in utilizing the e-Tax portal and address any filing-related concerns
