Tax Returns Due for Filing

Companies whose accounting year ends on September 30 ought to file their returns at the Federal Inland Revenue Service on March 31, 2015, according to information provided by the agency charged with controlling and administering certain taxes and laws in Nigeria on its website.
Personal Income Tax for 2015 as well as Companies Income Tax (CIT), Capital Gains Tax (CGT), Education Tax (EDT), and National Information Technology Development Levy (NITDL) are also due for filing on the same date.
The acting executive chairman of FIRS, Alhaji Kabir Mashi, recently launched the e-Taxpay Solution, a platform that enables taxpayers to pay by simply logging into the internet banking platform of their banks and then following the prompting of the FIRS link. “Tax payment is just a click away,” said Mashi on the occasion held in Lagos.
FIRS advises taxpayers to “file your returns and pay your tax on time to avoid penalties”.

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