Mar 2 • 20:50 UTC 🇳🇬 Nigeria Punch

File 2025 tax returns by March 31, FCT-IRS tells residents

The FCT-IRS has urged all taxable residents to file their personal income tax returns by March 31, 2026, underlining the importance of compliance with tax obligations.

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has issued a directive encouraging all taxable residents in Abuja to file their personal income tax returns before the deadline of March 31, 2026. This requirement is pertinent to a wide array of individuals, including those who are employed, self-employed persons, and public office holders. The announcement was made by Mustapha Sumaila, the Head of Corporate Communications for the FCT-IRS, emphasizing the importance of accurately declaring income from all sources and including necessary deductions as mandated by law.

This directive aligns with several legal provisions, including sections of the Nigeria Tax Administration Act and the FCT-IRS Act. The FCT-IRS has established that compliance is vital not just for legal adherence but also for the economic framework of the region, as taxes serve as a primary source of revenue for societal development and public services. Failure to comply with this directive could lead to penalties as stipulated under the relevant tax laws, highlighting the importance of prompt action by residents.

Moreover, the FCT-IRS is reaching out to all segments of the labor force, including those in formal and informal sectors, to ensure broad compliance. This inclusive approach reflects the agency's commitment to enhance tax collection while making the process accessible to all residents, thereby contributing to the overall financial health of the Federal Capital Territory. Residents are encouraged to prepare their documentation in advance and seek assistance if needed, to facilitate a smooth filing process by the upcoming deadline.

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