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    MarketForces Africa » MarketForces News » Lagos Confirms January 31 Deadline for Tax Returns

    Lagos Confirms January 31 Deadline for Tax Returns

    Julius AlagbeBy Julius AlagbeJanuary 22, 2023Updated:February 11, 2026 News No Comments2 Mins Read
    Lagos Confirms January 31 Deadline for Tax Returns
    Ayodele Subair, LIRS Chairman
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    Lagos Confirms January 31 Deadline for Tax Returns

    The Lagos State Internal Revenue Service (LIRS) says Jan. 31 remains the deadline for filing of annual tax returns by employers of labour. LIRS Chairman, Mr Ayodele Subair, made this known in a statement issued by its Head of Corporate Communications, Mrs Monsurat Amasa on Sunday in Lagos.

    According to the LIRS chairman, all businesses and employers of labour residents within Lagos State must file their annual income tax returns on or before Jan. 31. Subair warned that failure to comply with the directive would attract penalties as well as other statutory sanctions as stipulated in the Personal Income Tax Act of Lagos State.

    The Act stipulates Jan. 31st as the deadline for filing of annual income tax returns, failing which a penalty accrues.

    “For filing the annual income tax returns in Lagos State, the only available platform is the LIRS e-Tax portal: https://etax.lirs.net; the e-Tax portal is built for the convenience of taxpayers and is easy, convenient and safe.

    “All businesses and employers of labour are advised to use the e-Tax portal to file their returns.

    “With the e-Tax system, corporate bodies are expected to find it more convenient to carry out tax transactions in the comfort of their homes and offices.

    “Taxpayer identity of all employees is compulsory for the annual income tax returns to be successfully filed on the e-Tax portal.

    “Therefore, all employees and taxable persons within the state are advised to generate a taxpayer identity, where applicable and file their individual annual income tax returns on the e-Tax portal,’’ Subair said in the statement. # Lagos Confirms January 31 Deadline for Tax Returns

    >>>Nigeria’s Bond Trades Flat, Naira Falls Slightly

    LIRS Payments TAX
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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