To file personal income tax, gather all income documents (payslips, bank statements) and file the annual return (Form A) via the LIRS e-Tax portal (tax.lirs.net) for Lagos or FCTIRS portal (fcttaxportal.fctirs.gov.ng) for Abuja or at your state’s Board Of Internal Revenue Service before March 31st each year. The process involves registering for a Taxpayer Identification Number (TIN), reporting all income sources, and claiming tax relief.
Steps to File Personal Income Tax in Nigeria:
-Obtain a Taxpayer ID (TIN): If you do not have one, you can use your National Identification Number (NIN) to create a Tax ID on the respective state's e-tax portal (e.g., LIRS e-Tax).
-Prepare Documentation: Gather relevant documents, including annual salary statements, bank statements showing additional income, and evidence of expenses for tax relief (e.g., pension contributions, rent).
-Complete Form A: Download or fill out the "Income Tax Form for Return of Income and Claims for Allowances and Reliefs" (Form A) online, which requires detailing all income sources.
-File Online: Log in to the state tax authority's portal (e.g., FCTIRS or LIRS), select 'Tax Returns' or 'Annual Returns,' and fill in the required information for the assessment year.
-Review and Submit: Confirm all details are accurate, submit the return, and download the acknowledgement as proof of filing.
Important Information:
-Deadline: Tax returns must be filed on or before March 31st of every year, covering the previous year's income.
-Threshold: Individuals earning less than or equal to the minimum wage (now ₦70,000 monthly) are not required to pay tax, but they are not exempt from filing returns.
-Tax Clearance Certificate (TCC): After filing, you can apply for a TCC, which is necessary for government contracts, business registration, and visa applications.
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