Home BUSINESS Lagos Internal Revenue Service Extends Tax Payers Annual Return To May 31

Lagos Internal Revenue Service Extends Tax Payers Annual Return To May 31

The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing of Annual Returns for Individual taxpayers, including self-employed persons for two months from April 1 to May 31, 2020.
A statement by the Head, Corporate Communications of the Agency, Monsurat Amasa, said that the extension is as a result of the coronavirus pandemic, which has been altering socio-economic activities around the world.
She said that it is also part of the on-going efforts to mitigate the effect on businesses and taxpayers.
Statutorily, the filing of annual returns is supposed to expire on the March 31st of every fiscal year, and attracts stiff penalties for defaulters.
“With this extension as announced by LIRS, taxpayers are given a breather.”
The statement quoted the Chairman of Lagos State Internal Revenue Service Mr. Ayodele Subair as saying that the extension of deadline of the Annual Returns is in response to appeals made by taxpayers as well as a policy shift by the agency to assuage the effect of COVID-19 on the taxpayers and residents of Lagos State. “We implore the taxpayers to access our eTax platform for all tax operations and administration matters, including filing of annual returns from the comfort of their homes and offices. They can do this, by simply logging on to the eTax platform via https://etax.lirs.net or calling our Customer Care Centre on 0700 CALL LIRS 070022555477.’’
The statement said that further updates on business operations and alternative payment platforms of the service can be obtained by visiting the LIRS website, www.lirs.gov.ng, and its various social media handles, even as the the management and staff of LIRS appealed to the residents of Lagos State to support the efforts of the Lagos State Government, led by Babajide Sanwoolu by adhering strictly to the COVID-19 safety guidelines as issued by relevant health authorities.

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