Nyesom Wike, Minister of the FCT, has directed all businesses in Abuja to comply with their tax obligations by filing their 2023 annual returns on or before January 31, 2024.
This deadline is mandated by Section 41 of the Personal Income Tax Act (PITA) 2011 (as amended).
Head of Corporate Communications at the Federal Capital Territory Internal Revenue Service, FCT-IRS, Mustapha Sumaila, disclosed this in a statement on Sunday.
He said, “It is also clearly stated in 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.
“Meanwhile, FCT-IRS encourages employers of labour, organizations, and agents to file their returns before the January 31 deadline; otherwise, the late filers and non-filers are penalized in accordance with the law,” he stated.
