skip to Main Content
Annual Returns Deadline For 2023

Annual Returns Deadline for 2023

Annual Returns Deadline for 2023

State Internal Revenue Services in Nigeria has issued a public notice on the filing of annual returns deadline for 2023.

Annual Returns

Annual Returns

This public notice on the filing of annual returns. is inline with the relevant provisions of Personal Income Tax Act (PITA), which obligated Employer of Labour in every State of the Federation, to file Annual Returns of their Employee for Year of Assessment with the relevant Internal Revenue of their respective State of Residence.

In view of this, all Employers of Labour are expected to comply with this notice, both in Abuja (FCT) and other State and other parts of the Federation, not later than 31st of January 2023.

With this provision, Directors and Proprietors under the Direct Assessment method of tax remittance are equally expected to file their returns not later than 31st of January, 2023

Where an employer fails to file the required Annual Employer’s Return on the due date, a penalty of N500, 000 shall be imposed upon conviction, if such employer is a body corporate and N50, 000 in the case of an individual.

For mor enquiry on how to comply with the filing of Annual Returns, kindly contact us at SOW Professional for necessary supports on this.

SOW Professional Services                                                                                   

Website:     www.sowprofessional.com                                                           

Phone:          07038254989                                                                                                                                                                                              Whassap:     07038254989

Leave a Reply

Your email address will not be published.