Business & Economy

BREAKING: LIRS Extends Deadline For Filing Of Annual Tax Returns To February 7

Given the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS) has extended the filing of employers’ annual tax returns by 1 (one) week starting from February 1 to February 7, 2024.

BrandNewsDay reports that Mr Ayodele Subair, the Executive Chairman of LIRS, made this known through a public notice released by the agency on Tuesday.

Statutorily, the filing of annual tax returns by companies expires on January 31st of each fiscal year and attracts stiff penalties for defaulters. Taxpayers are hereby advised to take advantage of this extension to perform their civic obligation.

Advertisement

This extension is aimed at providing taxpayers with additional time to ensure accurate and timely submission of their annual tax returns.

Subair urged employers of labour to take full advantage of the extension to perform their civic obligation to avoid penalties and other statutory sanctions outlined in section 81(3) of the Personal Income Tax (Amendment) Act 2011.

“We understand that unforeseen circumstances may arise, and this extension is intended to accommodate such instances.

Advertisement

“We implore all employers of labour within Lagos State, who are experiencing difficulties in the filing of their annual tax returns to call our customer service centre on 0700 CALL LIRS (0700 2255 5477) or visit the help desks at our various tax stations.

“It is important to adhere to the revised deadline to maintain compliance and avoid any potential penalties.

“For further details or inquiries, we encourage taxpayers to visit the agency’s website at www.lirs.gov.ng, follow LIRS on social media platforms, or contact us via email at etaxinfo@lirs.net, the LIRS boss stated.

Advertisement
Facebook Comments
Brand News Day

Recent Posts

Stanbic IBTC PMI: Business Activity Rises For First Time In Six Months

There were tentative signs of improvement in the Nigerian private sector during the final month…

2 weeks ago

Stanbic IBTC Insurance Limited Passes Audit Certification; Reinforces Commitment To Excellence And Transparency

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings and a leading life insurance…

2 weeks ago

BREAKING: Jeju Air Plane Crash Leaves Over 149 People Dead In Korea [Video]

It is a black Sunday in South Korea as the Jeju Air Plane Crash news hits…

3 weeks ago

Black Market Dollar To Naira Exchange Rate In Lagos, FCT, 29 December 2024

Black Market Dollar To Naira Exchange Rate Today In Lagos, FCT, 29 December 2024. BrandNewsDay…

3 weeks ago

Digital Payments Ecosystem Requires Robust Collaboration- TeamApt Ltd CEO, Ajalie

TeamApt Ltd’s Managing Director, Dennis Ajalie, has said that fintech companies and banks play very…

3 weeks ago

Stanbic IBTC Bank Leads In Capital Importation, Achieving 28.30% Foreign Inflows In 2024

In a remarkable demonstration of resilience and strategic adaptation, Stanbic IBTC Bank, a member of…

3 weeks ago

This website uses cookies.