The Lagos State Internal Revenue Service (LIRS) has urged all taxable persons in the state to file their annual tax returns for 2021 following the provisions of Section 41 of the Personal Income Tax Act LFN 2004 as amended.
It said this in a statement signed by the Head, Corporate Communications, Monsurat Amasa.
LIRS stated that for each year of assessment, a taxable person shall without notice or demand file a return of income in the prescribed form containing the required information with the tax authority of the state.
“Also, taxable persons shall file with the relevant tax authority the returns as stipulated in this section within 90 days from the commencement of every year of Assessment (31st March).”
Given the COVID-19 protocols in Lagos State, LIRS charges all individual taxpayers to prepare and submit their income tax returns electronically.