The Lagos Inland Revenue Service (LIRS) has set March 31, 2025, as the deadline for all taxpayers in the state to submit their Annual Tax Returns.

Ayodele Subair, executive chairman of LIRS, emphasised that all taxable persons must submit a comprehensive return detailing their total income for the previous fiscal year, January 1 to December 31, 2024.

The LIRS boss reiterated the importance of adhering to the deadline, urging taxpayers to fulfill their statutory obligations promptly to avoid penalties and other legal consequences.

According to him, all individual taxpayers, including self-employed individuals, those in the informal sector, and employees under the Pay-As-You-Earn (PAYE) scheme, are required to submit their returns on or before the deadline.

He said the directive is in accordance with the Personal Income Tax Act (PITA) 2004, as amended.

He highlighted that all tax returns must be submitted exclusively through the LIRS e-Tax portal, accessible at https://etax.lirs.net, which is designed to offer convenience, security, and ease of compliance.

Mr Subair stated, “In line with our commitment to simplifying the tax filing process, dedicated tax officers are available at our various tax offices to assist individuals with online registration and tax return submissions via the e-Tax portal.”