By Bukola Hameed
2023 annual tax returns: No room for extension – Oyo Govt, News Live Nigeria reports.
The Oyo State Internal Revenue Service (OYIRS) has warned that there would be no extension in the deadline for the filing of 2023 annual tax returns.
The Executive Chairman Oyo State Internal Revenue Service, Mr. Adebowale Olufemi Awakan gave this warning in a release from his office.
He warned Employers of Labour, Company owners, or their representatives to file their 2023 Annual Tax Returns before January 31st, 2024.
Awakan noted that the filing of tax returns is a law that all employers of labour must obey.
He warned that non-compliance would attract penalties, including a fine of Five Hundred Thousand Naira (500,000.00) for Corporate bodies. Individuals are given till March 31st, 2024 to file the returns on their Direct Assessment.
Non-compliance also attracts penalties.
All returns are to be filed online via the self-service platform. Kindly log on to www.selfservice.oyostate.com to upload the returns.
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