Individuals must file PAYE annual tax returns before March 31 – LIRS

The Lagos State Internal Revenue Service has mandated all individuals working in the state to file their annual tax returns on or before March 31.

This was contained in a statement signed by LIRS Head of Communications, Monsurat Amasa, which was made available to Western Post.

According to the statement, those expected to file their tax returns include “self-employed persons and employees under the PAYE Scheme”.

“The obligation to file annual tax returns is stipulated in Section 41 of the PersonalIncome Tax Act (PITA). This provision makes it mandatory for all taxable person(s) to file a return of aggregate income from all sources for 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,” the statement read.

Quoting LIRS Executive Chairman, Mr. Ayodele Subair, the statement urged all taxpayers to file their annual returns latest March 31, “to avoid payment of penalties as well as other statutory sanctions”.

“He also emphasized that filing of tax returns in Lagos State can only be done on the LIRS e-Tax portal through the following link: https://etax.lirs.net. It is therefore mandatory for all taxable persons in the State to register on the e-Tax portal. The e-Tax portal is built purposely for the convenience of taxpayers. It is easy, convenient and safe.”

The LIRS further said that it has positioned tax officers at various tax stations assist individuals carry out online registration and filing of tax returns on the e-Tax portal.