By Oziegbe Okoeki
THE Lagos State authorities has additional prolonged the deadline for submitting Annual Tax Returns to June 30.
Yearly returns for people (workers and self-employed individuals) that had been initially due for Might 31, can now be filed on or earlier than June 30.
The extension, the Government Chairman, Lagos State Inner Income Service (LIRS), Mr. Ayodele Subair, mentioned is within the authorities’s steady effort to supply the a lot wanted aid to taxpayers and mitigate the financial impression of Covid-19 pandemic.
Subair mentioned: “Because the Lagos State authorities retains abreast of worldwide finest practices in containing the Covid-19 pandemic and eases the consequences of an financial downturn on taxpayers and residents of the state, LIRS had initially prolonged the deadline for submitting annual tax returns for 2 months, from the statutory March 31st of each fiscal yr to Might 31, 2020.
“We always debated what different measures could possibly be taken as an organisation to assist people and companies at the moment, therefore, the extra one-month extension from June 1, to June 30, 2020.
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‘’It’s our honest hope that taxpayers make the most of this new extension to duly file their returns.
“Taxpayers are, due to this fact, inspired to entry the LIRS eTax platforms for all tax administration issues, together with submitting of annual returns, technology of evaluation and cost schedule and cost of the liabilities from the consolation of their houses and places of work. All that they need to do is to easily go browsing to the e-Tax platform.”
He mentioned updates on enterprise operations and various cost platforms of the service could possibly be obtained by visiting the LIRS web site, checking its varied social media platforms or calling its Buyer Care Centre.