FCT-IRS urges MDAs and employers to file 2023 returns by January 31st

FCT-IRS urges MDAs and employers to file 2023 returns by January 31st

The Federal Capital Territory Inland Revenue Service (FCT-IRS) calls on Ministries and Agencies (MDAs) and other labor employers in the Federal Capital Territory FCT to file their 2023 returns by January 31 Ta.

FCT-IRS Head of Corporate Communications, Mustapha Sumaila, said this in a statement issued in Abuja on Sunday.

Sumaila stressed that failure to submit returns within the stipulated period will result in sanctions as per the provisions of the law.

According to him, the directive was in line with section 41 of the Personal Income Tax Act 2011 (PITA) (as amended).

According to him, the Act requires all employers of workers in the FCT to file an annual return by January 31 of each year using the prescribed formats (Form G and Form H1 respectively). It is said that it is mandatory.

He also said that Articles 94, 95 and 96 of the Act similarly provide for penalties for failure to declare, false declarations and late filing.

He added that the service will not hesitate to enforce the law against delinquents.

“Organizations wishing to file their returns online should visit www.fctirs.gov.ng and click on Create Account or, if you already have an account, click on Login.

“Organizations will then need to go to any FCT-IRS office and submit an electronic copy of their return,” he said.

Source: dailypost.ng

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