LIRS Extends Deadline For Individual Annual Tax Returns’ Filling

Lagos State Internal Revenue Service has extended the deadline for filing of individual annual tax returns by two weeks starting from April 1 to April 14, 2021.

It said in a statement titled ‘LIRS extends deadline for filing of individual annual tax returns to April 14, 2021’, that this was in furtherance of its commitment to continuously mitigate the effect of COVID-19 pandemic on taxpayers in Lagos State.

In accordance with the provisions of Section 41 of the Personal Income Tax Act LFN 2004 as amended, it stated, all taxable person(s), including self-employed, employees, professionals, in Lagos State should file their individual annual tax returns for 2020 year of assessment.

The Executive Chairman, LIRS, Mr Ayodele Subair, stated, “Statutorily, the filing of Individual Annual Tax Returns expires on March 31st of every fiscal year, and attracts penalties for defaulters.

“Taxpayers are thereby urged to take advantage of this extension to perform their civic obligation.

“The extension of the deadline is in response to appeals made by taxpayers as well as an attempt to assuage the effect of the pandemic on taxpayers and residents of Lagos State.”

LIRS implored taxpayers with difficulties in filing of their annual return to seek assistance with specially designated staff at its tax stations state wide or call its customer care representatives.