19.96 F
New York
January 22, 2022
Local News

FCT-IRS Urges Taxpayers, Employers To File Annual Returns Before 31st March

By Remi Johnson

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has called on taxpayers in the FCT to file their tax returns for 2021 before the end of 31st March 2022.

The Acting Executive Chairman, FCT-IRS, Mr Haruna Abdullahi, made the appeal in a statement signed by the
Head, Corporate Communications,
FCT-IRS, Mr. Mustapha Sumaila in Abuja.

The statement urges every taxable person working under MDAs, private organisations and the self employed to complete and sign income declaration form known as form A and return such to the FCT-IRS through any of the Service’ tax offices.

“I am appealing to all residents of Abuja that are taxable as well as employers who we refer to as agents to do their civic responsibility and I urge them to file their annual returns before January 31 deadline, for the employers and March 31 for individual taxpayers’.

According to the statement, compliance with section 41 of the Personal Income Tax Act (PITA) 2011 (as amended), all taxable persons, resident in the FCT are required to file annual returns of all incomes from all sources of the previous year within January 1st to 31st March in the preceding year, using the prescribed form A.

Similarly, the statement reminds employers to file Employer’s Annual Declaration and Certificate, referring to form H1 and form G.

“Every employer is expected to file Annual Declaration and Certificate to FCT-IRS of all emoluments paid to its employees resident in the FCT for the year 2021 that just ended … employers have, not later than January 31, 2022 to do so, using the appropriate form H1.”

It warns that failure to file these returns or late submission attracts penalties and the FCT-IRS would not hesitate to apply the laws where necessary.

Related posts

Why Did They Pump Her With Dexamethasone? – Keren’s Mum Speaks

Azege

NASENI To Partner NARSDA For Devt Of Nig’s Space Technology

wada

NSITF Settles Over 11,000 Claimants In 2021

wada

Leave a Comment