By Adeyinka Adeniran
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, OYIRS, Mr. Adebowale 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 N500,000 for corporate bodies, adding that individuals are given till March 31st, 2024 to file the returns on their direct assessment.
He added that non-compliance also attracts penalties, noting that all returns are to be filed online via the self-service platform, urging residents to kindly log on to www.selfservice.oyostate.com to upload the returns.