The National Revenue Service (NRS) has issued a final warning to companies and tax professionals as the clock ticks down on the June 30 Companies Income Tax (CIT) filing deadline.
With only 24 hours remaining, the tax authority is urging all eligible businesses to complete and submit their returns without delay. The deadline applies to companies whose financial year aligns with the statutory CIT compliance calendar.
Taxpayers who miss the June 30 cutoff risk incurring penalties and interest charges, in line with existing fiscal regulations. The NRS has emphasised the importance of timely compliance to avoid enforcement action.
Companies yet to file are advised to utilise available electronic filing platforms to meet the deadline. Tax professionals and corporate finance teams have been reminded to verify all submissions for accuracy before the deadline expires.
The final-day notice follows weeks of earlier reminders by the NRS, as part of broader efforts to boost voluntary compliance and improve the efficiency of corporate tax administration.
