Lagos tax agency threatens to sue taxpayers as tax filing deadline approaches

Lagos State taxpayers who do not file their annual tax returns with the Lagos State Revenue Service (LIRS) by the March 31, 2022 deadline will be prosecuted by the State Revenue Service. .

LIRS executive chairman Ayodele Subair said the tax agency would not extend the deadline, which falls on Thursday, and that taxpayers who fail to meet the obligation will be taken to court.

This was in a statement made available to Ripples Nigeria. It was understood that penalties, as well as other legal sanctions, such as lawsuits, would be used against defaulting taxpayers.

READ ALSO: LIRS deploys ‘aggressive approach’ to tax collection, gives defaulters March 31 deadline

Those who fall under personal income tax are individual taxpayers, including self-employed and employees under the PAYE scheme in Lagos State, says a statement signed by LIRS Communications Officer, Monsurat Amasa.

“The obligation to file annual income tax returns is provided for in Article 41 of the Personal Income Tax Act (PITA). The provision makes it mandatory for all taxable persons to file a return of aggregate income from all sources for the previous year with the taxing authority of the state in which they are deemed to be resident within 90 days of the start of each new taxation year. The statement explains.

He added that the LIRS is “leveraged to the full weight of the law to ensure that taxpayers who fail to comply with this obligation are brought to justice.”

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