The Federal Capital Territory Internal Revenue Service (FCT-IRS) has issued a stern warning to government ministries, departments, agencies, and other employers of labor in the territory, urging them to submit their annual returns of income from all sources for the year ending December 31, 2023. Failure to comply with this directive will result in sanctions.
The Head of Corporate Communications at FCT-IRS, Mustapha Sumaila, communicated this information in a statement released on Sunday in Abuja, as reported by Vanguard.
Employers are required to file their returns on or before January 31, 2024, to avoid penalties. This call for compliance aligns with Section 41 of the Personal Income Tax Act 2011, as amended, which mandates all employers of labor in the FCT to submit annual returns before January 31 each year, using the prescribed forms, Form G and Form H1.
Sumaila emphasized that Sections 94, 95, and 96 of PITA outline penalties for non-filing, incorrect/false declarations, and late submissions. The FCT-IRS is prepared to enforce these laws against defaulters.
To facilitate the filing process, organizations opting for online submission can visit www.fctirs.gov.ng to create an account or log in if they already have accounts. Alternatively, they can visit any FCT-IRS office to submit electronic copies of their returns. Manual filing is also an option, with forms available at the 15 offices, including the Service’s headquarters.
Sumaila urged employers, organizations, and agents to submit their returns before the January 31 deadline to avoid penalties, emphasizing that late filers and non-filers would face consequences in accordance with the law.