Lagos, Jan. 16, 2025 – The Lagos State Internal Revenue Service (LIRS) has advised employers in the state to submit their annual tax returns for the 2025 financial year on or before January 31, 2026.
It gave the advice on Thursday in a statement signed by its Executive Chairman, Dr Ayodele Subair.
The statement said all organisations were expected to provide comprehensive records of salaries, wages, and other forms of compensation paid to employees during the year, adding that payments made to third parties such as contractors, suppliers, and consultants must also be properly reported, with all taxes due fully paid.
The statement warned that compliance with the annual filing requirement is compulsory and that any employer who fails to meet the deadline would face legal consequences, including fines and other penalties provided for in the tax legislation.
It stressed that employers must prioritise the timely filing of their annual income tax returns.
“Compliance should be part of our everyday business practice. Early and accurate filing not only ensures adherence to the law as required by the Nigerian Constitution, but also supports effective revenue tracking, which is important to Lagos State’s fiscal planning and sustainability,” it said.
The statement said that all filings must now be done electronically, noting that the LIRS no longer accepts manual submissions.
“Electronic filing through the LIRS eTax platform remains the only approved and acceptable mode of filing in Lagos State,” it said
The employers are directed to process their returns exclusively through the official portal at https://etax.lirs.net.
