Skip to main content

Sallah: FIRS extends deadline for tax filing by 1 week

Sallah: FIRS extends deadline for tax filing by 1 week

Sallah: FIRS extends deadline for tax filing by 1 week

The Federal Inland Revenue Service (FIRS) has extended the deadline for filing of returns in some tax categories by one week.

Mr. Abdullahi Ismaila Ahmad, Director, Communications and Liaison Department of the service, made this known in a statement in Abuja on Thursday.

Ahmad said the gesture was in the spirit of the festivities and the palliative measures rolled out by the Service in support of the Nigerian taxpayers against the backdrop of the COVID-19 pandemic.

READ ALSO: FIRS’ Muhammad Nami, to deliver keynote address on stamp duty webinar

He quoted the Executive Chairman of FIRS, Mr. Muhammad Nami, as saying “the management wishes to felicitate with Nigerians on this occasion of the Eid-el-Kabir celebration.

““In addition to a number of COVID-19 palliatives already in place, as well as in the spirit of this Eid celebration, we hereby grant a further one-week extension from the 31st July 2020 deadline for companies with December accounting year-end to file their Year 2020 annual Income Tax Returns.

“Nonetheless, the service will continue to identify with the challenges of the times, which the taxpayers are going through.

“For the purpose of clarity, companies that fall within this category will not be penalised for late submission, if they file their Year 2020 Income Tax Returns within the grace period, that is, August 1, to August 7 as herein granted.

READ ALSO: Labour lauds FIRS for boosting FG’s revenue

“We thank the Almighty God for sparing our lives to witness yet another Sallah festival, especially this year that has been very difficult for individuals and businesses.

“In a similar vein, the one-week grace period is extended to regular monthly obligations that become due at the end of July, for example, Petroleum Profits Tax installment Payment, Withholding Tax and Value Added Tax Returns.

“FIRS will continue to respond proactively to the realities of these times, towards easing the burden of our esteemed taxpayers,” Nami said.

Vanguard

The post Sallah: FIRS extends deadline for tax filing by 1 week appeared first on Vanguard News.


https://ift.tt/3jT3TVE by Lawal Sherifat via Vanguard News Albert Einstein Fools of Fortune
Labels:

Comments

Post a Comment

Popular posts from this blog

Where is Aguleri Located?

Aguleri is a prominent town often associated with the mighty river called Omabala wgiyflows through it. It is home to a lot of great men and women of Anambra Stare - notably Willie Obiano. History had it that it was the cradle of Igbo people established by Eri, son of Had, son of Jacob (you got to read your Bible babe). Where is Aguleri located? It can be foueat the north eastern part of Nigeria. They share boundaries with Kano, Umueri, Anam and Nando httpss://twitter.com/share https://google.com https://www.alexa.com/siteinfo/google.com https://www.quantcast.com/google.com https://sharedcount.com/?url=https://google.com https://www.similarsites.com/site/google.com https://facebook.com https://www.alexa.com/siteinfo/facebook.com https://www.quantcast.com/facebook.com https://sharedcount.com/?url=https://facebook.com https://www.similarsites.com/site/facebook.com https://youtube.com https://www.alexa.com/siteinfo/youtube.com https://www.quantcast.com/youtube.com ...
Post a Comment
Read more

How to jump-start Nigeria economy post-COVID-19 Pandemic

Nwali Tochukwu Watching with consternation the fall out of events, actions, and inactions of our Nigerian leaders on mitigating the negative impact of COVID-19 Pandemic disruptions on our social and economic lives. As a young dynamic business and entrepreneurship writer, and author cum small business owner, what came into my mind as we navigate the storms of COVID-19, was a common English phrase Adages, Proverbs, first recorded in Fuller’s Gnomologia, 1732: ‘A stitch in time saves nine’ which was translated to literally, solve the problems right now! Why procrastinating? If we, as a nation wants to break away from past mistakes, and present mistakes, we should hold the bull by the horn right now. And avoid the roads of political expediency. That is exactly what the stitch in time simply stood for. Promptly address issues posed by Coronavirus. By quickly sewing up of a small hole or tear in a piece of material, so saving the need for more stitching at a later date when the whole ha...
2 comments
Read more

Photos: The hot steppers at 7th AMVCA 2020

By Ayo Onikoyi The 7th Africa Magic Viewers’ Choice Awards went down last Saturday night, at the Eko Hotel and Suites, Victoria Island, Lagos, and it was celebration of haute couture of Africa. Call it a gallery of fashion art as movie people across Africa came resplendent in different forms of fashion expressions. From the mesmerizing to the captivating; from the colourful to the glittering; and the bohemian to the bizarre, it was fashion explosion all the way spruced with glamour and glitz. See photos from the 7th AMVCA below… Beverly Naya Bimbo Ademoye Folu Storms Frodd Indimi Okojie Venita Tacha READ ALSO:  Only wicked men complain of fallen breasts ⁠— Wunmi Toriola 2Baba Adunni Ade Ebuka Funke Akindele Iyabo Ojo and children Kimoprah Mercy Aigbe Mike Edwards Pretty Mike of Lagos Toyin Abraham VANGUARD    The post Photos: The hot steppers at 7th AMVCA 2020 appeared first on Vanguard News . https://ift.tt/3dm...
Post a Comment
Read more