The Minister of the Federal Capital Territory, Nyesom Wike, has warned employers about the nation’s capital overtax.
Head of Corporate Communications at the Federal Capital Territory Internal Revenue Service, FCT-IRS, Mustapha Sumaila, disclosed this in a statement on Sunday.
According to him, all employers in Abuja should file their 2023 annual returns on or before January 31 2024.
He added that the demand complied with Section 41 of the Personal Income Tax Act (PITA) 2011 (as amended).
“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.
The 2023 presidential candidate of the Social Democratic Party, SDP, Prince Adewole Adebayo, has described…
Flavour reacted with amusement after a tweet suggested hiding Miss Universe first runner-up Chidimma Adetshina…
Daddy Freeze is making jest of you: those of you who have been mocking his…
Social media critic, VeryDarkMan has called out singer Davido’s wife’s manager, Ubi Franklin, over an…
The National Organising Secretary of Afenifere, Kole Omololu, has described former President Olusegun Obasanjo as…
Super Eagles caretaker coach, Augustine Eguavoen has said his team will be professional in their…
