The Lagos Internal Revenue Service (LIRS) has warned tax defaulters in the state to comply, saying it was deploying an aggressive approach to ensure that all taxes were collected.
Specifically, its Director of Legal Services, Seyi Alade, gave the warning during a state-wide tax law enforcement exercise by LIRS across the state, giving defaulters till March 31 to comply or face the wrath of the law.
He said this was necessary for helping the state carry out its developmental projects for the benefit of Lagosians and the country at large.
Alade said the Service was currently running an initiative called ‘Ibile’ to get more taxpayers into the tax net.
He noted that the “Ibile” strategy is an electronic platform that represents the divisions in Lagos, which are Ikorodu, Badagry, Ikeja, Lagos, and Epe.
Meanwhile, Alade said to get more people into the tax net, the Service was also profiling both individuals and corporate entities daily, while also using technology, noting that its mission was to ensure that every taxable adult resident in Lagos State was captured into the tax net.
“Section 41 of Personal Income Tax Act (PITA), provides that, a taxable person shall, without notice or demand, to file a return of their income in the prescribed form and containing the prescribed information with the tax authority of their State of residence.
“This return shall contain income earned from all sources in the year preceding the year of assessment and it must be filed not later than March 31 of every year.
“This return is expected to be filed by all individuals including those who are self-employed and submit their tax returns by way of direct assessments as well as those who are in paid employment under the Pay-As-You-Earn (PAYE) scheme,” he added.
He said the agency has made the filing of returns very convenient through its e-tax online platform, noting that taxpayers could now file their taxes without having to visit the tax offices.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
ICYMI…SPECIAL REPORT: NNPCL hides behind PIA to frustrate disclosure, accountability
Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard...
INVESTIGATION: Multi-million naira Ekiti resort center remains uncompleted a decade after
The multimillion-naira project, expected to comprise recreational buildings, now consists of cassava farmland, a bush used for excretion, and a...
SPECIAL REPORT: Torturous experiences of students with disabilities in Oyo tertiary institutions
For students with disabilities in Oyo state-owned tertiary institutions, learning is a torturous and distressing experience, considering the building structures...
INVESTIGATION: Uncompleted Old Enugu-Onitsha Road brings untold hardship, tears to commuters, residents of Enugu communities
Ugwu Obinna’s younger sister was killed after a truck driver transporting cows rammed into her shop located at the Okpatu...
INVESTIGATION: Students sit on floors, under leaking roofs as multi-million naira project is nowhere to be found in Zamfara
Suleman Tukur, 15, an SS 2 student of Government Day Secondary School (GDSS) Bakura in Bakura local government area of...