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Friday, May 29, 2020

Lagos Internal Revenue Sevice Extends Annual Tax Returns To June 30, 2020

The Lagos State government has further extended the deadline for filing Annual Tax Returns to June 30. Yearly returns for individuals (employees and self-employed persons) that were initially due for May 31, can now be filed on or before June 30.
The extension, the Executive Chairman, Lagos State Internal Revenue Service (LIRS), Mr. Ayodele Subair, said is in the government’s continuous effort to provide the much needed relief to taxpayers and mitigate the economic impact of Covid-19 pandemic.
Subair said: “As the Lagos State government keeps abreast of global best practices in containing the Covid-19 pandemic and eases the effects of an economic downturn on taxpayers and residents of the
state, LIRS had initially extended the deadline for filing annual tax returns for two months, from the statutory March 31st of every fiscal year to May 31, 2020.
“We constantly debated what other measures could be taken as an organisation to support individuals and businesses at this time, hence, the additional one-month extension from June 1, to June 30, 2020.
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FACEBOOK COMMENTS

John Amadi

Thanks for the info

Endy Edeson

John: Thanks

John Amadi

I want to register my business with CAC . Should I apply for tax first ?

Endy Edeson

JOHN; YOU SHOULD REGISTER YOUR BUSINESS WITH CAC BEFORE GOING FOR TAX IDENTIFICATION NUMBER. I HELP PEOPLE TO REGISTER THEIR BUSINESS WITH CAC
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