The LIRS Executive Chairman, Ayodele Subair, who made this known in a statement issued today, January 22, by the Head of the Corporate Communications, Monsurat Amasa, said that failure to comply with the directive would attract penalties as well as other statutory sanctions as stipulated in section 81 (2) of the Personal Income Tax Act (PITA) Cap P8 LFN 2004 (as amended).
The Act stipulates January 31st as the deadline for filing of annual income tax returns, failing which a penalty accrues.
“For filing the annual income tax returns in Lagos State, the only available platform is the LIRS e-Tax portal: https://etax.lirs.net.
“The e-Tax portal is built for the convenience of taxpayers and is easy, convenient and safe. All businesses and employers of labour are advised to use the e-Tax portal to file their returns.
“With the eTax system, corporate bodies are expected to find it more convenient to carry out tax transactions in the comfort of their homes and offices.”
He asked corporate bodies which want to be on the eTax platform to visit https://etax.lirs.net, input the company payer ID, password and click login, and to generate the bill thereafter and make your payment.
‘’Taxpayer ID of all employees is compulsory for the annual income tax returns to be successfully filed on the e-Tax portal. Therefore, all employees and taxable persons within the State are advised to generate a taxpayer ID (where applicable) and file their individual annual income tax returns on the e-Tax portal.”