NEWS UPDATES 08/01/2024
FCTA Directs MDAs to File Annual Income Returns by January 31
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has given a January 31 deadline to Ministries, Departments and Agencies (MDAs) of the government as well as other employers of labour in the territory to file their annual returns of income from all sources for the year ended December, 31, 2023.
The Head Corporate Communications, FCT-IRS, Mustapha Sumaila, issued the ultimatum in a statement yesterday.
He said the directive was in compliance with Section 41 of the Personal Income Tax Act (PITA) 2011 (as amended) which mandated all employers of labour in the FCT to file annual returns before January 31 of every year using the prescribed forms, Form G and Form H1 respectively.
The FCT-IRS similarly referred to Sections 94, 95 and 96 of PITA which stipulate penalties for non-filing, incorrect/false declaration and late submission.
The statement threatened that the service would not hesitate to enforce the laws on the defaulters.
“The forms are also available in the 15 offices including the service’s headquarters for those who may want to file manually. Meanwhile, FCT-IRS enjoins employers of labour, organisations and agents to file their returns before the January 31 deadline, otherwise the late filers and non-filers will be penalised in accordance with the law,” the statement said.