The Lagos State Internal Revenue Service (LIRS) has reminded all residents of the state to file their annual tax returns on or before March 31, in line with the provisions of the Personal Income Tax Act (PITA). In a public notice, the agency stated that every taxable person residing in Lagos State is required to
The Lagos State Internal Revenue Service (LIRS) has reminded all residents of the state to file their annual tax returns on or before March 31, in line with the provisions of the Personal Income Tax Act (PITA).
In a public notice, the agency stated that every taxable person residing in Lagos State is required to submit a return of their income earned in the previous year to the tax authority. The filing applies to employees, self-employed individuals, business owners, and other income earners living in the state.
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LIRS emphasized that the exercise helps the government maintain accurate tax records and ensures compliance with the law. The agency warned that individuals who fail to file their annual tax returns before the deadline may face penalties as stipulated by law.
Residents were advised to submit their returns through the LIRS online portal or visit designated tax offices across Lagos State for assistance. The agency also urged taxpayers to comply early to avoid last-minute delays and possible sanctions.
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