Are you an employer with staff on your payroll? This message is critical.
Under Section 81 of the Personal Income Tax Act (PITA), every employer in Nigeria is required to file annual PAYE returns for employees on or before 31st January each year.
Failure to file attracts a statutory fine of β¦500,000 for companies β a penalty that is completely avoidable with timely compliance.
This short video is a professional insight for:
β’ Business owners
Employers of labour
HR managers
Finance managers
CEOs and founders
Leadership is not only about growth β it is also about compliance, responsibility, and foresight.
π If you have employees, file your PAYE returns before 31st January.
π Donβt lose money to penalties you can legally avoid.
Subscribe for more professional insights, leadership lessons, and financial awareness designed to help you lead smarter and protect your business.
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