The Lagos State Internal Revenue Service has reportedly given another 30-day extension to taxpayers and residents in the state to file their annual tax returns for the fiscal year.
This extension is the second one in the year since the outbreak of the coronavirus pandemic which led to the shutting down of businesses – formal and informal – in the commercial city.
The disclosure was made in a statement issued on Tuesday by the LIRS Head, Corporate Communications, Monsurat Amasa, who quoted the Executive Chairman of the LIRS, Ayodele Subair, announced the one-month extension following the two months’ grace granted in March.
The statement also urged taxpayers to take advantage of the new deadline to file their returns using the available electronic platforms provided by the LIRS.
The statement said, “As the Lagos State Government keeps abreast of global best practices in containing the COVID-19 pandemic and easing the effects of an economic down turn on taxpayers, and residents of the state, LIRS had initially extended the deadline for filing annual tax returns for two months, from March 31st of every fiscal year to May 331, 2020.
“We constantly debated what other measures could be taken as an organisation to support individuals and businesses at this time, hence, the additional one-month extension from June 1, to June 30, 2020.”