The Federal Capital Territory Internal Revenue Service has reminded residents to file their annual income tax returns by March 31, 2025, in line with Section 41 of the Personal Income Tax Act 2011 (as amended).
This law requires taxpayers to declare their total income from all sources within 90 days of a new tax year.
Acting Executive Chairman of FCT-IRS, Michael Ango, stressed the importance of compliance at the agency’s Annual Sensitisation Campaign in Abuja.
He warned that the FCT-IRS would not hesitate to enforce penalties on defaulters.
“We are going to be sending out penalties for non-compliance and then giving them a chance to comply,” Ango stated.
He further emphasized that repeated failure to meet tax obligations could lead to legal action.
“We also have the power to prosecute… We can go against the managing directors, the directors, and whoever we deem is responsible for this non-compliance,” he added.
Additionally, the FCT-IRS reminded employers including private businesses and government agencies that they were expected to submit their employees’ annual tax returns by January 31, 2025. Companies that failed to meet this deadline would be fined ₦500,000.
Ango disclosed that notices had already been sent to some defaulting organizations, giving them two weeks to settle outstanding tax filings.
He urged both individuals and businesses to comply, emphasizing that tax revenues fund critical services like infrastructure, security, and healthcare in the FCT.
Taxpayers are advised to utilize the approved FCT-IRS payment methods and ensure their Taxpayer Identification Number (TIN) is provided during transactions. Any additional questions can be sent through the agency’s official communication avenues.
The FCT-IRS reiterated its dedication to maintaining a just tax system and encouraged citizens to meet their responsibilities to aid in the progress of Abuja.