05, 2022 / 06:50 PM / by Wole Obayomi / Header Image Credit: Medium
The annual Employer's Pay-As-You-Earn (PAYE) tax
returns for 2021 is due on 31 January 2022. The Returns, which
show each employees' emolument and taxes paid in the preceding year, are to be
filed with the relevant State Board of Internal Revenue Services (SBIRS) where
the employees were resident (and with the Federal Capital Territory Internal
Revenue Service for employees that were resident in Abuja) in 2021.
Some of the relevant information/ documents required
for the purpose of filing the Returns include:
- Annual payroll of employees, showing the gross income earned and tax paid for
each employee for 2021 tax year.
of PAYE tax remittance to the relevant SBIRS (i.e. copies of the employees'
PAYE tax receipts for the year).
completed e-TCC application form (for fresh applicants only), signed by the
employees with passport photographs affixed. The Company's stamp must be
affixed to the bottom page of the forms. A separate schedule should be prepared
for e-TCC renewals. This requirement may however, defer depending on the SBIRS.
- Acknowledged copies of expatriate quota and monthly expatriate immigration returns
submitted to the Nigeria Immigration Service (if applicable).
- Information on the nature of permits used by expatriates for their Nigerian
employment in 2021 tax year (e.g., Temporary Work Permit or Combined Expatriate
Residence Permit and Alien Card).
- A copy of
projected annual payroll for 2022, stamped and signed by an authorized
personnel of the company.
of payment of development levy for all employees for 2021 tax year.
Premises Levy: evidence of payment of annual renewal levy (or registration fee
for first time payment) for 2021 tax year.
utility bill of the business (e.g. PHCN Bill, Land Use Charge, etc.).
This requirement may defer depending on the SBIRS.
Please visit the web portals of the relevant SBIRs
that permit e-filing of annual returns to verify the required documents and
make preparations for physical filing at SBIRS offices where e-filing is
Failure by an employer to file the Returns within the
statutory timeline attracts a fine of â‚¦500,000 and â‚¦50,000
upon conviction, for corporate entities and individuals, respectively.
Taxpayers are therefore urged to ensure the Returns are filed promptly to avoid
statement was first published in the Issue 1.3/ January 2022 Newsletter of KPMG
of Wednesday January 05, 2022. For further enquiries, please contact the author,
Wole Obayomi via email@example.com
- FIRS Extends the Deadlines for WHT Validation and Tax Returns Filing
for the Year 2021
- FIRS Extends the Filing Deadline for Income Tax Returns by One Month
- FIRS Issues Guidelines for Filing Naira-denominated Tax Returns on
TaxPro-Max e-Filing Platform
- LIRS Extends the Deadline for Filing 2020 Individual Income Tax
Returns (Form A) by Two Weeks
- Taxpayers to File the 2020 Individual Income Tax Returns by the
Deadline of March 31st, 2021
- LIRS Extends the Deadline for filing 2020 PAYE Tax Returns
- Employer Tax Returns Due for Filing by 31st January 2021
- Countdown to the January 31 Deadline for Filing 2020 PAYE Tax
- LIRS Further Extends Deadline for Filing 2019 Individual Income Tax
Returns (Form A)