Tax Returns: Wike Warns Abuja Employers, Threatens Punishment

Adoga Stephen By Adoga Stephen - Editor-In-Chief
1 Min Read

Nyesom Wike, the Minister of the Federal Capital Territory (FCT), has instructed all businesses in Abuja to fulfil their tax responsibilities by submitting their annual returns for 2023 before January 31, 2024.

The deadline is required by Section 41 of the Personal Income Tax Act (PITA) 2011 (as amended).

Mustapha Sumaila, the Head of Corporate Communications at the Federal Capital Territory Internal Revenue Service (FCT-IRS), announced 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.

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By Adoga Stephen Editor-In-Chief
Stephen studied Mass Communication at the Lagos State Polytechnic, Ikorodu (now Lagos State University of Science and Technology), where he acquired requisite training for the practice of journalism. He loves the media, and his interest mostly lies in print medium, where his creative writing skill makes him a perfect fit.