How to File Your Annual Tax Return in Lagos State Before the March 31, 2025 Deadline

Tax compliance is a fundamental civic duty, and the Lagos State Internal Revenue Service (LIRS) has mandated that all taxable individuals file their Annual Tax Returns for the 2024 fiscal year on or before March 31, 2025.

This process ensures proper documentation of income, accurate tax assessments, and avoidance of penalties.

If you are an individual taxpayer; whether self-employed, working in the informal sector, or employed under the Pay-As-You-Earn (PAYE) scheme, this guide will walk you through the step-by-step process of filing your tax return in Lagos State, Nigeria.

Why You Must File Your Annual Tax Return

1. Legal Requirement: The Personal Income Tax Act (PITA) 2004 (as amended) mandates that all taxable individuals file their tax returns annually.
2. Avoidance of Penalties: Failure to submit your tax return on time may result in fines and other legal consequences.
3. Access to Government Services: Compliance ensures access to government benefits, contracts, and official documentation.
4. Ensuring Correct Tax Assessment: Filing allows LIRS to assess your taxable income correctly and prevent overpayment or underpayment.

Step-by-Step Guide to Filing Your Annual Tax Return

Step 1: Gather Your Financial Documents

Before starting the filing process, ensure you have the following documents:

• Payslips (for salaried employees under PAYE)
• Bank statements (for self-employed individuals)
• Evidence of other income sources
• Taxpayer Identification Number (TIN)

Step 2: Register on the LIRS eTax Portal

All tax filings must be submitted online through the LIRS eTax portal (https://etax.lirs.net). If you haven’t registered yet:

1. Visit the website and click on “Sign Up”.
2. Provide the necessary details, including your TIN.
3. Verify your account via email or SMS.

Step 3: Log in to Your Account and Complete the Tax Return Form

• Sign in to your eTax account.
• Select the option to file Annual Tax Returns.
• Input your income details from all sources for the year 2024.
• Ensure accuracy to avoid discrepancies that may trigger an audit.

Step 4: Upload Supporting Documents

Attach relevant documents like your payslips, invoices, bank statements, or any additional income records.

Step 5: Submit and Obtain Confirmation

After verifying all details:

• Click on Submit.
• A confirmation message will appear on your dashboard.
• Download and save the submission receipt for your records.

Complete Video Guide on How to File

How to Get Assistance with Your Filing

LIRS provides multiple support channels:

• Social Media: Engage with LIRS representatives on Instagram, Facebook, LinkedIn, and X.
• Help Desk: Call the toll-free line at 0700 2255 5477 for assistance.
• Physical Centers: Visit any LIRS office across Lagos State.
• Chatbot: Use the chatbot on www.lirs.gov.ng.

5 ACCOUNTING MISTAKES THAT NEGATIVELY AFFECT YOUR BUSINESS

What Happens If You Fail to File?

Non-compliance with tax filing obligations comes with consequences:

• Penalties and Fines: Defaulters may face financial penalties as stipulated under Sections 81 and 82 of PITA.
• Legal Actions: LIRS has the authority to prosecute non-compliant taxpayers, which may result in court summons or even imprisonment.
• Forced Assessment: LIRS may assess taxes on a Best of Judgment (BOJ) basis, which could lead to overestimated tax liability.

Conclusion

Filing your annual tax return in Lagos State before March 31, 2025, is both a legal duty and a smart financial move. Compliance prevents penalties, ensures proper tax assessment, and grants access to government services.

If you require assistance, take advantage of the various LIRS support options to complete the process smoothly.