The Federal Capital Territory Internal Revenue Service, FCT-IRS says January 31 is the deadline for employers in the region to file their annual tax returns for 2024.
Mustapha Sumaila, head of corporate communications at FCT-IRS, announced the date in a statement on Sunday.
According to the statement, Michael Ango, acting chairman of FCT-IRS, warned defaulters would be penalised.
“This is in compliance with Section 81 of the Personal Income Tax Act (PITA) 2011 (as amended) and the PAYE Regulations, which mandates all employers of labour in the FCT to file annual returns of all emoluments paid to their employees and the total taxes, not later than 31st January of every year in respect of all employees in their employment in the preceding year,” Sumaila said.
Advertisement
“The returns are to be filed using the prescribed forms provided by the FCT-IRS.
“The Acting Executive Chairman, Mr Michael Ango at a stakeholder’s engagement for 2025, stated that the filing of the employee annual returns by all employees is a mandatory provision of the law and that failure to do so will attract penalties and other sanctions which the FCT-IRS will not hesitate to impose on any defaulters.
“He further stated that the best form of compliance is voluntary compliance, which the FCT-IRS expects from all taxpayers in the FCT.”
Advertisement
Sumaila said Ango encouraged compliance to support the vision of Nyesom Wike, FCT minister, transforming the region into “a modern city”.
Add a comment
