The Federal Capital Territory Internal Revenue Service (FCT-IRS) has called on private companies, Ministries, Departments, and Agencies (MDAs), as well as other employers of labour within the FCT, to file their employee annual tax returns for 2024 before the January 31, 2025, deadline.
This directive is in accordance with Section 81 of the Personal Income Tax Act (PITA) 2011 (as amended) and the PAYE Regulations, which require employers to submit annual returns of all emoluments paid to employees, along with the total taxes deducted, by January 31 of the following year. The returns must be submitted using prescribed forms provided by the FCT-IRS.
Speaking at a stakeholders’ engagement for 2025, the Acting Executive Chairman of FCT-IRS, Mr. Michael Ango, emphasized the importance of compliance with this statutory obligation.
“Filing employee annual returns is not just a legal requirement; it is a demonstration of accountability and commitment to the development of the Federal Capital Territory,” Ango stated. He warned that failure to comply would attract penalties and other sanctions.
“The FCT-IRS will not hesitate to impose sanctions on defaulters,” he added. “However, we believe the best form of compliance is voluntary compliance, which we strongly encourage from all taxpayers in the FCT.”
Ango also appealed to employers, including private organizations, MDAs, government-owned enterprises, and sole proprietorships, to fulfill their tax obligations promptly.
He highlighted the broader impact of tax compliance, saying, “By adhering to these regulations, employers contribute to the transformation of the FCT into a truly modern city, aligning with the vision of the Honourable Minister of the FCT, His Excellency, Barrister Ezenwo Nyesom Wike, CON.”
