Lagos State Internal Revenue Service has restated that employers operating in the state must submit their annual tax returns for the 2025 financial year on or before January 31, 2026.
The agency, in a statement issued on Thursday, said the
obligation is in line with the provisions of the Nigeria Tax Administration Act
2025, which mandates employers to file detailed records of staff emoluments and
ensure that all applicable taxes are properly remitted.
Executive Chairman of LIRS, Dr Ayodele Subair, stressed that
compliance with the filing requirement is compulsory, warning that defaulting
employers would face statutory sanctions as provided by law.
He explained that the annual returns must reflect accurate
employee information, including valid Tax Identification Numbers, noting that
discrepancies could delay processing and attract penalties.
Subair further disclosed that all submissions are to be made
exclusively through the LIRS eTax platform, as the service no longer accepts
manual filings.
He encouraged employers to avoid last-minute submissions by
filing early and to utilise official LIRS support channels for guidance or
technical assistance where necessary.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com