By Joyce Remi-Babayeju
The Federal Capital Territory Internal revenue Service (FCT-IRS) has charged all Ministries, Departments , Agencies of the government and other employers of Labour operating in the territory to file their annual returns of income from all sources for the year ended, (31st December 2023) on or before the 31st of January 2024 otherwise late filers and non-filers will be penalized in accordance with the law.
FCT- IRS stated that in compliance with Section 41 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.
In a statement signed by Head Corporate Communications FCT – IRS,. Mustapha Sumaila, the Taxation agency warned against non-compliance, adding that the clearly stated 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.
It advised that Organization 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.
It stated that the forms are also available in the 15 offices, including the Service’s headquarters for those who may want to file manually.