“This return shall contain income earned from all sources in the year preceding the year of assessment and it must be filed not later than March 31 of every year.
He stated that the agency had made the filing of returns very convenient through the e-tax online platform. “I am using this medium to encourage everyone that is yet to file to quickly do so before the deadline date because failure to file is a punishable offence,” he said. Mr Alade said that as an agency aimed at better maximising tax revenue, the gap between the formal and informal economy remittances must be closed.“We have employed technology to drive taxation of this sector through enumeration and registration by unique biometric identifiers and also easing tax payment through, multiple, dependable and flexible platforms.
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