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Companies, Individuals In Lagos Get Extension of One To Filing Tax

BY LEVI JOHNSON

Companies, individuals, self-employed in Lagos have gotten one-month extension deadline to file in their Annual Tax Returns, the Lagos State Government has said.

With the extension, annual returns for individuals including employees and self-employed persons that were initially due on May 31, 2020, can now be filed on or before June 30, 2020.

The Executive Chairman of Lagos State Internal Revenue Service (LIRS), Mr Ayodele Subair, recalled that the agency had initially extended the deadline for filing annual tax returns for two months, from the statutory March 31st of every fiscal year to May 31, 2020.

“We constantly debated what other measures could be taken as an organization to support individuals and businesses at this time, hence, the additional one-month extension from June 1, to June 30, 2020.

“It is our sincere hope that taxpayers take advantage of this new extension to duly file their returns,” he said.

He encouraged taxpayers to access the LIRS eTax platforms for all tax administration matters, including the filing of annual returns, generation of assessment and payment schedule and payment of the liabilities from the comfort of their homes and offices.

He further explained that all they needed to do was to simply log on to the e-Tax platform via https://etax.lirs.net.

He also noted that updates on business operations and alternative payment platforms of the service can be obtained by visiting the LIRS website, (www.lirs.gov.ng) or by checking its various social media platforms.

READ ALSO: Global Banks Will Struggle To Survive For 5-Years After COVID-19 – IMF

Subair appealed to residents of Lagos State to support the efforts of the state government and the COVID-19 Incident Commander for Lagos State, Mr Babajide Sanwo-Olu, by adhering strictly to the safety guidelines as issued by relevant health authorities.

 

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