Taxpayers due for filing of Company Income Tax returns with December 31, 2020 accounting year-end whose statutory tax returns can now sigh relief as the Federal Inland Revenue Service has extended by one month the period given for the filing of Company Income Tax returns.

Recall that the return was initially due by June 30, 2021, and up for reconsideration as the agency experienced glitches on its system as communicated recently by FIRS’ Director, Communications and Liaison, Abdullahi Ahmad.

Speaking specifically, the glitches were a downtime from the newly and recently deployed TaxProMax Platform Solution which according to taxpayers has made it difficult for them to complete their annual filling processes.

Affected are Tax returns by taxpayers with December 31, 2020 accounting year-end whose statutory tax returns were due not later than 30th June 2021.

The new extension date making the deadline by the end of July has been duly approved by the FIRS’s chairman, Muhammad Nami.

Check out the agency’s full statement released recently with the headline, “FIRS Extends Filing Time For 2021 Income Tax Returns”

 “The Federal Inland Revenue Service has granted a one-off one-month extension for the filing of Company Income Tax returns by taxpayers with December 31, 2020 accounting year-end whose statutory tax returns were due not later than 30th June 2021.

“This extension was contained in a Public Notice of 30th June 2021 signed by the Service’s Executive Chairman, Mr. Muhammad Nami.

“The FIRS granted the 30-day extension as a result of glitches experienced on its recently deployed TaxProMax Platform Solution by some taxpayers while trying to complete their annual filing processes.”

The FIRS boss, however, said that certain upgrades have been made to the TaxProMax platform in response to the challenges encountered by taxpayers.

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *