OGIRS Reads Riot Act to Tax Law Violators

The Ogun State Internal Revenue Service (OGIRS) has read riot act to those contravening the state’s tax laws, threatening to sanction any organisation that failed to file its annual tax returns.

Consequently, the OGIRS has directed all employers of labour in the public and private organisations to file their annual tax feturns for the Year 2021 on or before January 31, 2022, to avoid penalty.

The directive was contained in a statement by the Office of the Executive Chairman of OGIRS, Mr. Olugbenga Olaleye.

Olaleye emphasised that, “all employers of labour were statutorily obliged to file in annual tax returns, both Pay As You Earn (PAYE) and Withholding Taxes in line with the provision of section 8 (1-3) of Personal Income Tax Act, 2011 as amended, Paragraph 10 of 2002 PAYE Regulations and withholding Tax returns of sections 41, 69-72.”

The chairman stated that any employer who contravened the provisions of the law would be liable on conviction to pay N500,000 for corporate body and N50,000 in case of an individual.
While appreciating all taxpayers for previous transactions, Olaleye enjoined them to log in to OGIRS website.