FIRS extends due date for companies income tax returns

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The Federal Inland Revenue Service (FIRS) has extended the filing date for firms’ Companies' Income Tax Returns for the 2022 Year

The Executive Chairman, Federal Inland Revenue Service, Mr. Muhammad Nami; Chairman. Photo/FACEBOOK/inecnigeria

According to the FIRS, the extension is for companies who were unable to meet up with the earlier deadline of June 30, 2022. The release stated that as a measure of goodwill by the Service and in line with relevant provisions of the Companies Income Tax Act, it had directed that all Companies whose Companies Income Tax returns for 2022 Year Of Assessment, that fall due between 30th June and 31st August 2022 , were given up to 31st August 2022 to submit their returns to the Service.

“The relevant Company Income Tax returns shall, therefore, not attract late filing penalty or interest for late payment if submitted to the Service on or before 31st August 2022.

 

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