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Home Economy/Technology

FCT-IRS gives companies with expatriate workers ultimatum to submit details

FCT-IRS

The Matters Press by The Matters Press
May 7, 2023
Reading Time: 1 min read
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FCT-IRS extends filing of annual returns

The FCT Internal Revenue Service (FCT-IRS) has given organisations with expatriates in their employ not later than May 31 to submit their details.

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Head, Corporate Communications at the FCT-IRS, Mr Mustapha Sumaila, stated on Sunday in Abuja that the submission of the details was compulsory and should be taken seriously.

He added that the directive followed a resolution reached between the Economic Planning, Revenue Generation and Public Private Partnership and the FCT-IRS.

“Companies and organisations with foreign nationals working in the FCT are requested to forward details of the expatriates to the FCT-IRS for proper documentation,’’ he stated.

Sumaila stressed that the resolution was in continuation of an on-going effort to harmonise and enhance internally-generated revenue in the FCT.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
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