COVID-19: LIRS extends deadline for filling annual returns

BY GEORGE OKOJIE

As part of measures to provide taxpayer relief and mitigate the economic impact of the COVID-19 pandemic in the state of Lagos, the state government, through the Lagos State Revenue Service (LIRS), has extended the deadline for filing declarations annual taxes until June 30, 2020.

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LIRS Executive Chairman Ayodele Subair, who disclosed this in a statement made available to journalists, said: “Annual returns for individuals (employees and freelancers) due on May 31, 2020 can now be recorded anytime before June 30, 2020.

Subair added that, & # 39; & # 39; as the Lagos state government follows global best practices to contain the Covid-19 pandemic and mitigate the effects of an economic slowdown on taxpayers and state residents, LIRS initially extended the deadline for filing annual taxes returns for two months, from March 31 of each fiscal year until May 31, 2020.

"We are constantly debating what other measures could be taken as an organization to support individuals and businesses at the moment. Therefore, the extension of an additional month from June 1 to June 30, 2020.

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"It is our sincere hope that taxpayers take advantage of this new extension to properly record their returns."

He urged state taxpayers to access the LIRS eTax platforms for all tax administration matters, including submitting annual statements, generating an assessment and payment schedule, and paying liabilities from the comfort of their homes and offices.

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According to him, updates on commercial operations and alternative payment platforms for the service can be obtained on the LIRS website.

LIRS calls on Lagos residents to support the efforts of the state government and the COVID-19 Incident Commander for the State of Lagos, Mr. Babajide Sanwo-Olu, strictly adhering to the COVID-19 security guidelines issued by the authorities relevant health conditions.

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