LIRS extends deadline for employers’ tax returns filing

81

The Lagos State Internal Revenue Service (LIRS) has announced an extension for the filing of employers’ annual tax returns by one week, effective from February 1 to February 7, 2024.

The decision was made known by the Executive Chairman of LIRS, Ayodele Subair, through a public notice released by the agency on Tuesday.

The extension comes in response to the recent downtime experienced on the government’s e-tax portal, which affected the filing process for employers.

Recognizing the challenges faced by taxpayers, the LIRS opted to grant this additional week to facilitate compliance.

Under Lagos State law, the deadline for the filing of annual tax returns by companies typically falls on January 31 of each fiscal year. Failure to meet this deadline often results in stiff penalties for defaulters.

Subair urged taxpayers to seize the opportunity presented by the extension to fulfill their civic obligation promptly.

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

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

“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 [email protected], the LIRS boss stated.