FCT-IRS moves to address pitfalls in tax remittances

Date:

The Federal Capital Territory Internal Revenue Service (FCT-IRS) has taken steps to correct errors in tax remittances by individuals and businesses in the capital city, Abuja.
The acting Executive Chairman, FCT-IRS, Mr Haruna Abdullahi, stated this at a workshop in Abuja on Tuesday.
The News Agency of Nigeria (NAN) reports that the workshop was on Integrated Payroll and Personnel Information System (IPPIS) and Government Integrated Financial Management Information System (GFMIS) platforms.
Abdullahi frowned at wrongful remittances of taxes meant for FCT-IRS to the Federal Inland Revenue Service (FIRS), and payment of personal income tax to other states of the federation.
He blamed the anomalies on inaccurate data entries on the platforms, which distorts financial records and deprives the rightful states of their due resources.
“We have discovered that on the IPPIS, most persons come with tax clearance not reflecting the Federal Capital Territory.
“It appears that some desk officers believe that the FCT-IRS is not present on the GIFMIS platform.
“As a result, they automatically remit the taxes due to the FCT-IRS to the Federal Inland Revenue Service.
“I would like to clarify that the FCT-IRS is indeed on the GIFMIS platform, and our code is 100419,” he said.
He called on individuals to file their taxes in the appropriate places and remit to the appropriate tax authority.
He also encouraged all desk officers to ensure that subsequent tax remittances for the FCT were accurately made to the FCT-IRS, not the FIRS.(NAN)

READ MORE  NGO empowers 180 vulnerable people in Niger

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

2027: INEC seeks UN, UK support against foreign disinformation

By Lateef Ibrahim, Abuja The Independent National Electoral Commissionm (INEC)...

Ya’u floors rivals with 49,176 votes in Zamfara APC rerun

Senator Sahabi Ya’u Kaura has won the All Progressives...

Column: China International Import Expo widens gateway for African products to Chinese market

Trade has long been an important pillar of Africa-China...

Xinhua Headlines: CPC advances Party self-governance with resolute anti-graft efforts

The Communist Party of China (CPC) remains resolute in...