LIRS AFFIRMS JANUARY 31ST DEADLINE FOR EMPLOYERS TO SUBMIT ANNUAL TAX RETURNS

In accordance with applicable tax legislation, the Lagos State Internal Revenue Service (LIRS) has communicated a reminder to all Employers of Labour to submit their annual tax returns on or before the stipulated deadline of January 31, 2024. Mr. Ayodele Subair, the Executive Chairman of LIRS, conveyed this in an official statement released by the agency. Subair emphasized that employers of labour with businesses located within Lagos State must adhere to the deadline, as failure to comply will result in penalties and other statutory sanctions outlined in section 81(3) of…

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