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LIRS urges individuals to file returns to beat March 31 deadline

Naija News • 3d ago
LIRS urges individuals to file returns to beat March 31 deadline
**Tax Deadline Looms: Lagos Residents, Don't Miss Out!** The Lagos State Internal Revenue Service (LIRS) is reminding individual taxpayers in Lagos State to file their annual tax returns for the 2026 year of assessment on or before March 31, 2026. This is not a suggestion, but a constitutional and statutory obligation that affects everyone earning taxable income. **Who Needs to File?** It's not just your regular nine-to-five earners who need to worry about tax returns. Self-employed individuals, business owners, professionals, folks in the informal sector, and even employees under the Pay-As-You-Earn (PAYE) scheme are all required to submit their tax returns. This is in line with the 1999 Constitution of the Federal Republic of Nigeria and the Nigeria Tax Administration Act 2025. **Penalties for Non-Compliance** Don't think you can just ignore the taxman. Failure to file returns by the deadline attracts administrative penalties, interest, and enforcement measures. It's not a good idea to put off your tax obligations, as this can lead to a whole host of problems down the line. **Filing Made Easy** To make life easier for taxpayers, the LIRS has introduced an eTax portal at https://etax.lirs.net. This platform allows you to register, file returns, upload supporting documents, and manage your tax profile securely from anywhere in the world. It's a convenient and efficient way to take care of your tax obligations. **Digital Tax Administration** LIRS is committed to prioritizing digital tax administration and taxpayer support services, so you can be sure that your tax information is secure and accessible worldwide. Don't miss out on this opportunity to file your tax returns on time and avoid any potential penalties. Do it now and enjoy a hassle-free tax experience. In conclusion, filing your tax returns is a civic responsibility that everyone must take seriously. It's not just about avoiding penalties; it's also about contributing to the growth and development of our great state, Lagos. So, don't wait until the last minute. File your tax returns on time and take advantage of the LIRS eTax portal to make the process as smooth as possible.
Source: Original Article. AI-enhanced version.