COVID-19: LIRS Extends Deadline For Filling Of Annual Returns

0
213


BY GEORGE OKOJIE

As part of measures to provide relief to taxpayers and mitigate the economic impact of COVID-19 pandemic in Lagos State, the state government has through the Lagos State Internal Revenue Service (LIRS) extended the deadline for filing of Annual Tax Returns to June 30, 2020.

The Executive Chairman of LIRS, Mr. Ayodele Subair, who disclosed this in a statement made available to journalists said, “Annual returns for individuals (both employees and self-employed persons) that were initially due on May 31st, 2020 can now be filed any time on or before the 30th of June, 2020.

Subair added that, ‘’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…



Source: Leadership Newspaper