The Lagos State Internal Revenue Service (LIRS) has advised all individual taxpayers, including the self-employed and employees under the PAYE scheme, to file their annual tax returns by March 31, 2022.
This, he said in a statement, is in accordance with the provisions of the Personal Income Tax Act (PITA) Cap P8 2011 (as amended).
“The obligation to file annual tax returns is provided for in Article 41 of the Personal Income Tax Act (PITA). This provision obliges any taxable person to file a return of accumulated income from all sources for the previous year with the taxing authority of the state in which they are deemed to reside within 90 days from the start of each new tax year,” he said.
The Executive Chairman of LIRS, Mr. Ayodele Subair, in the statement, urged all individual taxpayers, including self-employed persons and employees under the PAYE scheme in Lagos State, to file their annual tax returns no later than late March 31, 2022, to avoid payment of penalties and other legal penalties.
He also pointed out that the filing of tax returns in Lagos State can only be done through the LIRS e-Tax portal.
“It is therefore mandatory for all State taxable persons to register on the e-Tax portal. The e-Tax portal is built expressly for the convenience of taxpayers. It is simple, practical and secure,” he said. -he declares.