Tag covid-19

PAYE Tax, Tax

LIRS extends deadline for filing annual returns – Form A

To lower the impact of COVID-19 on taxpayers, the Lagos State Internal Revenue Service (LIRS) has extended the time for filing the annual individual tax returns (Form A) by 2 months. The new deadline for filing Form A is 31…

March 27, 2020

Business, Tax

Call for extending tax deadline in Nigeria amid coronavirus risk

One of the objectives of the Nigerian tax system is Flexibility. Taxes in Nigeria should be flexible enough to respond to the changing environment. Taxpayers are a major stakeholder in the Nigerian tax system. Without taxpayers or taxable activities in…

March 19, 2020