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    Kapital FM 92.9 The Station that Rocks!

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FCT-IRS Extends Organisations Tax Filing Deadline To February 29

todayFebruary 12, 2024 6

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The Federal Capital Territory Internal Revenue Service, FCT-IRS, has extended the deadline of filing of Annual Tax Returns from January 31 to February 29, 2024 for Organisations/ Employers of Labour in the FCT.

The Management of FCT-IRS out of its magnanimity, heeded to taxpayers’ request for extension.

In view of this, the deadline has been extended by one month to enable organisations and employers of labour as well as agents who have not filed their annual returns to seize this opportunity to do so.

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, ITA, 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 G and Form H1 respectively.

It is also clearly stated in Sections 94, 95 and 96 of PITA which stipulates penalties for non-filing, incorrect/false declaration and late submission as the Service would not hesitate to enforce the laws on defaulters.

It says Organisations that wish to file online may visit www.fctirs.gov.ng and click on create account or click on login for those who already have accounts, or proceed to any of the FCT-IRS offices to submit electronic copies of their returns.

PR /Remi Johnson

Written by: Editorial Team

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