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By Biola Lawal
Abuja (Flowerbudnews): The Federal Capital Territory Internal Revenue Service (FCT-IRS) has extended the deadline for filing of Annual Tax Returns from January 31 to February 29, 2024 for the Organisations and Employers of Labour.in the FCT
The Management of FCT-IRS took the decision out of magnanimity to heed to the request by taxpayers’ for extension, a statement by Mustapha Sumaila, Head Corporate Communications, FCT-IRS disclosed.
”In view of this, the deadline has been extended by one month to enable the organisations and employers of labour as well as agents who have not filed their annual returns to seize this opportunity to do so,” He said
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“Our taxpayers are our customers, we hold them in high esteem hence the reason for this extension but any organisation that fails to file after expiration of this new deadline will be penalised accordingly”
”This tax obligation is in compliance with Section 81 of the Personal Income Tax Act (PITA) 2011 (as amended) which mandates all employers of labour in the FCT to file annual returns before January 31 of every year using the prescribed forms, Form G and Form H1 respectively.,” Mustapha explained.
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”It is also clearly stated in Sections 94, 95 and 96 of PITA which stipulate penalties for non-filing, incorrect/false declaration and late submission and the Service would not hesitate to enforce the laws on the defaulters,” he emphasised.
”Organisations that wish to file online may visit www.fctirs.gov.ng and click on create account or click on login for those already have accounts, or you can proceed to any of the FCT-IRS offices to submit electronic copies of your returns,” he concluded (Flowerbudnews)
