The Lagos Internal Revenue Service (LIRS) has announced an extension of the deadline for filing individual annual tax returns, offering relief to taxpayers in Lagos.
The extension provides additional time for individuals to complete and submit their tax returns in compliance with existing regulations.
Relief for Taxpayers
According to LIRS, the decision to extend the deadline is aimed at encouraging compliance while giving taxpayers more time to accurately file their returns.
The agency noted that individuals who meet the new deadline will not incur penalties associated with late filing.
Encouraging Compliance
LIRS reiterated the importance of fulfilling tax obligations, urging residents to take advantage of the extension to ensure proper documentation and submission of their returns.
The agency also emphasised that timely and accurate tax filing contributes to improved revenue generation for public services and infrastructure development.
Commitment to Improved Tax Administration
The tax authority said it remains committed to simplifying the filing process and supporting taxpayers through various initiatives designed to improve compliance.
Officials encouraged taxpayers to use available channels, including online platforms, to complete their filings before the revised deadline.