The Federal Capital Territory Internal Revenue Service (FCT-IRS) has called on private companies, Ministries, Departments and Agencies (MDAs), and all other employers in the FCT to submit their employee annual tax returns for 2024 by the deadline of January 31, 2025.
This requirement is in accordance with Section 81 of the Personal Income Tax Act (PITA) 2011 (as amended) and the PAYE Regulations, which mandate that all employers in the FCT file annual returns detailing the emoluments paid to employees and the total taxes deducted by January 31 of each year, for the previous year.
Employers are to file the returns using the prescribed forms provided by the FCT-IRS.
During a stakeholder engagement for 2025, Acting Executive Chairman Mr. Michael Ango emphasized that filing employee annual returns is a legal obligation, and failure to comply will result in penalties and sanctions, which the FCT-IRS will enforce without hesitation.
He further stressed that voluntary compliance is the preferred approach, and the FCT-IRS expects all taxpayers in the FCT to adhere to their tax obligations.
Ango urged all private organizations, MDAs, government-owned enterprises, and even sole proprietorships in the FCT to fulfill their tax duties to avoid sanctions and, more importantly, to contribute to the development of the FCT and support the Honourable Minister of the FCT, His Excellency Barrister Ezenwo Nyesom Wike CON, in transforming the FCT into a modern, world-class city.
