x

FCT-IRS gets N43.8Bn from tax payments in January

By Joyce Remi-Babayeju

The FCT- IRS said it got a total of 43.8 billion Naira in January 2025 from tax payments in the FCT.

The FCT- IRS Acting Chairman, Micheal Ango, stated this on Thursday at the annual sensitization roadshow in the FCT.
Angos stated that the tax agency is on track to double its efforts in February.

He said, “The taxes are collected from taxpayers and the residents of Abuja. The taxes that we collect in FCT, we collect personal income tax, we collect capital gains taxes from individuals, we collect stamp duties from individuals, we collect property taxes, we collect entertainment.”

He said that the aim of the annual roadshow campaign, which involves a lot of dancing, clapping, and, gyration, is a way of communicating with residents.

It is an annually campaign when we come out to speak to our residents, to speak to our taxpayers one-on-one where they are. We decide to go and meet them in their businesses, in their shops, and on the streets.
But the reality is that we’re carrying a very serious message, and the serious message is that Abuja residents need to contribute to building a world-class city, he noted.

He explained that FCT- IRS essentially exists as an agency of the Federal Capital Territory Administration to collect revenues which are due to the Federal Capital Territory Abuja.
However, he disclosed that the agency has 16 tax offices in the city , but it is planning to expand offices in some areas where there is no presence of the agency by setting up kiosk offices in the major plazas and markets within the city.

“We have another deadline coming up in another 30 days or so, which is the individual annual returns. The law mandates every person, whether in employment or not, to file their annual income tax returns by the 31st of March every year.
Speaking on acts of defaulters, Ango promised that the tax agency will have to sanction defaulters of individual annual tax who fail to fill their returns by March 31, 2025.

Hot this week

2027 Polls: PNT Urges Nigerians to Support Tinubu’s Re-election

By Joyce Remi BabayejuA pro-government group, the Progressives Network...

FG Sets Up Committee to Review $200bn Gas, Power and High-Speed Rail Proposal

By Wilfred FrancisThe Federal Government has inaugurated a technical...

Fresh blow for ADC as state congresses stall amid leadership crisis

The leadership crisis in the African Democratic Congress deepened...

EFCC Arrests Alleged Fake Football Agent Over N11m Fraud

By Francis WilfredThe Economic and Financial Crimes Commission...

Zulum Warns Residents Against Aiding Boko Haram After Military Operation in Borno

Borno State Governor Babagana Umara Zulum has cautioned residents...

Braimoh Congratulates New ADC Executives in Kogi, Calls for Unity

A chieftain of the African Democratic Congress (ADC), Olayinka...

Maktown Flyers Backed to Impress at Basketball Africa League Championship

Nigeria’s representatives at the upcoming Basketball Africa League (BAL)...

Nasarawa 2027: Concerns Emerge Over Mohammed Adamu’s Strategy Ahead of Governorship Race

By Abel Zwanke, LafiaThe entry of former Inspector-General of...

Agara Dismisses Zoning Claims Ahead of Nasarawa 2027 Governorship Race

From Abel Zwanke, LafiaFormer Deputy Governor of Nasarawa State,...

Over 50 killed, 1000 abducted in kaduna LG in 3 months -villagers decry

 ...Say's N300m ransom paid..Say's "bandits pushing us from our...

Related Articles

Popular Categories

spot_imgspot_img