Wednesday, May 27, 2026
  • Advertise with us
StatePost
  • Home
  • News
    • National
    • Metro
    • Crime
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
No Result
View All Result
  • Home
  • News
    • National
    • Metro
    • Crime
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
No Result
View All Result
StatePost
No Result
View All Result
Home Taxation

Annual Tax Returns: Lagos insists on January 31 deadline

Admin by Admin
May 22, 2026
in Taxation
Reading Time: 2 mins read
0
Annual Tax Returns: Lagos insists on January 31 deadline - Image 1
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

You might also like

Stamp duty charges on bank transactions, not taxation, tax guru declares


Annual Tax Returns: Lagos insists on January 31 deadline - Image 1

The Lagos State Internal Revenue Service (LIRS) has reiterated the statutory deadline of 31st January 2026 for all employers of labour in Lagos State to fulfil their statutory obligation to file their annual tax returns for the 2025 financial year.

In a statement issued on Thursday, the Executive Chairman of LIRS, Dr Ayodele Subair, reminded employers that the obligation to file annual returns is in accordance with the provisions of the Nigeria Tax Administration Act 2025 (NTAA).
Dr Subair explained that employers are required to file detailed returns on emoluments and compensation paid to their employees, as well as payments made to their service providers, vendors and consultants, and to ensure that all applicable taxes due for the year 2025 are fully remitted. He emphasised that filing of annual returns is a mandatory legal obligation, and warned that failure to comply will result in statutory sanctions, including administrative penalties, as prescribed under the new tax law
According to Section 14 of the Nigeria Tax Administration Act 2025 (NTAA), employers are required to file detailed annual returns of all emoluments paid to employees, including taxes deducted and remitted to relevant tax authorities. Such returns must be filed and submitted not later than January 31 each year.
Dr Subair stated, “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.”
He further noted that in Lagos State, electronic filing via the LIRS eTax platform remains the only approved and acceptable mode of filing, as manual submissions have been completely phased out. This measure, he said, is aimed at simplifying and standardising tax administration processes in the State.
Employers are therefore required to submit their annual tax returns exclusively through the LIRS eTax portal: https://etax.lirs.net.
Dr Subair described the LIRS eTax platform as secure, user-friendly, accessible 24/7, and designed to provide employers with a convenient and efficient means of fulfilling their tax obligations. He advised that employers should ensure that the TaxID (Tax Identification Number) of all employees is correctly captured in their filings, noting that employees without a TaxID must generate one promptly to avoid disruptions during the filing process.
 
Previous Post

Ogun NUJ condoles Onabanjo family on death of matriarch

Next Post

Police restore stolen and abandoned vehicle to owner

Admin

Admin

Related Posts

Stamp duty charges on bank transactions, not taxation, tax guru declares - Image 1
Taxation

Stamp duty charges on bank transactions, not taxation, tax guru declares

by Admin
May 22, 2026
Next Post
Police restore stolen and abandoned vehicle to owner - Image 1

Police restore stolen and abandoned vehicle to owner

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Sanwo-Olu splashes gifts on Legionnaires on Armed Forces Remembrance Day …donates ₦100m, houses, vehicles, food items, launches Appeal Fund, Emblem, promises better welfare - Image 1

Sanwo-Olu splashes gifts on Legionnaires on Armed Forces Remembrance Day …donates ₦100m, houses, vehicles, food items, launches Appeal Fund, Emblem, promises better welfare

May 22, 2026

#ENDSARS: LAGOS EASES CURFEW

October 24, 2020

Categories

  • – standoff The letterhea The letterhea The letterhea
  • .News m k . .. . . .. . .. . . …
  • .Wellness
  • Agriculture
  • Aviation
  • Banking
  • Banking & Finance
  • Birthdays
  • Breaking News
  • Business
  • Commerce
  • Commerce & Industry
  • Court
  • COVID-19
  • Crime
  • Crime & Courts
  • Culture & Hospitality
  • Economy
  • Education
  • Energy & Power
  • Entertainment
  • Environment
  • Exclusive
  • Food
  • Foreign
  • Foreign News
  • Health
  • Hi-Tech
  • Hilarious
  • Housing
  • Industry
  • Labor
  • Labour
  • Legislature
  • Living
  • Metro
  • National
  • News
  • Opinion
  • PHOTO NEWS
  • Police
  • Police & Crime
  • Politics
  • Record
  • Records
  • Religion
  • SCIENCE & SPACE
  • Security
  • Sport
  • Sports
  • Taxation
  • Technology
  • Tourism
  • Transpor
  • Transport
  • Transportation
  • Uncategorized

Don't miss it

IVORY TOWER BECOMES DEN OF THIEVES:
Opinion

IVORY TOWER BECOMES DEN OF THIEVES:

May 26, 2026
Elemide, Speaker, Ogun Assembly secures APC’s ticket again
Politics

Elemide, Speaker, Ogun Assembly secures APC’s ticket again

May 22, 2026
Nurses Give Back to Host Communities …through free medical outreach - Image 1
Health

Nurses Give Back to Host Communities …through free medical outreach

May 22, 2026
2027 Polls: Abiodun Emerges APC’s Candidate Of Choice For Ogun East Senatorial District - Image 1
Politics

2027 Polls: Abiodun Emerges APC’s Candidate Of Choice For Ogun East Senatorial District

May 22, 2026
2027 Election: Odeda Youths Insist On Return Of ElemideTo Ogun Assembly - Image 1
Politics

2027 Election: Odeda Youths Insist On Return Of ElemideTo Ogun Assembly

May 22, 2026
OSUN 2026: INEC CALLS FOR COLLABORATION …Says Election Is A Multi Stakeholder Activity - Image 1
Politics

OSUN 2026: INEC CALLS FOR COLLABORATION …Says Election Is A Multi Stakeholder Activity

May 22, 2026
StatePost

Statepost is an independent digital newspaper focused on fearless journalism in Africa. We prioritize accuracy and fairness, covering key stories, exposing corruption, and amplifying marginalized voices to inform and inspire action.

Categories

  • – standoff The letterhea The letterhea The letterhea
  • .News m k . .. . . .. . .. . . …
  • .Wellness
  • Agriculture
  • Aviation
  • Banking
  • Banking & Finance
  • Birthdays
  • Breaking News
  • Business
  • Commerce
  • Commerce & Industry
  • Court
  • COVID-19
  • Crime
  • Crime & Courts
  • Culture & Hospitality
  • Economy
  • Education
  • Energy & Power
  • Entertainment
  • Environment
  • Exclusive
  • Food
  • Foreign
  • Foreign News
  • Health
  • Hi-Tech
  • Hilarious
  • Housing
  • Industry
  • Labor
  • Labour
  • Legislature
  • Living
  • Metro
  • National
  • News
  • Opinion
  • PHOTO NEWS
  • Police
  • Police & Crime
  • Politics
  • Record
  • Records
  • Religion
  • SCIENCE & SPACE
  • Security
  • Sport
  • Sports
  • Taxation
  • Technology
  • Tourism
  • Transpor
  • Transport
  • Transportation
  • Uncategorized

Browse by Tag

APC Elemide

Recent News

IVORY TOWER BECOMES DEN OF THIEVES:

IVORY TOWER BECOMES DEN OF THIEVES:

May 26, 2026
Elemide, Speaker, Ogun Assembly secures APC’s ticket again

Elemide, Speaker, Ogun Assembly secures APC’s ticket again

May 22, 2026

© 2026 Statepost | Powered by FematTech.

No Result
View All Result
  • Home
  • News
    • National
    • Metro
    • Crime
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports

© 2026 Statepost | Powered by FematTech.

Powered by
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None
Powered by