The Executive Chairman of the LIRS, Ayodele Subair, announced this in a statement on Sunday by the service.
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The authority said the sum of N408.3 million was also remitted as Pay As You Earn (PAYE) taxes in 2021.
The extension of this deadline is contained in a press release issued by the Federal Inland Revenue Service (FIRS), and signed by the tax authority’s Executive Chairman, Muhammad Nami, where it noted that it had taken this decision after receiving “numerous calls from companies for the extension of time to submit the Companies Income Tax (CIT) returns for 2022 year of assessment falling due on 30th June 2022.”
The Executive Chairman of the agency, Ayodele Subair made this known recently at the LIRS headquarters, Alausa, Ikeja, advising all individual taxpayers, including self-employed persons and employees under the PAYE Scheme in the State to take advantage of the remaining days in March to file their annual tax returns to avoid payment of penalties, as well as other statutory sanctions, which may include prosecution.
The Senate Committee on Public Accounts Committee, headed by Senator Matthew Urhoghide, relied on the 2017 Auditor General’s report
This is in line with the commitment of the Dapo Abiodun’s administration to create an enabling environment for business and improving its ranking in the ease of doing business index.
Also sealed off ware the company’s Kawo Area Office, NDA Bus Stop, Unguwan Dosa Service Centre, Kawo Service Centre and other offices located at Asikolaye and Turn Wada in Kaduna metropolis.
Seyi Alade , Director, Legal Services, LIRS, gave the warning during a state-wide tax law enforcement exercise by LIRS in Lagos.
The BIR boss in a statement made available to newsmen, declared that there was no evidence of shady financial dealings between the BIR and the University of Ibadan or other Federal Ministries, Departments and Agencies on the Pay As You Earn tax liability audit process for the periods of 2012 to 2018 and 2019.
The Accountant General of the Federation, Ahmed Idris, offered the explanation in a detailed statement on Monday