Diversification On Course, N3.3trn Revenue Collected From Non-oil Sector In 2021 - FIRS Boss The Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that the diversification efforts of the present federal government is yielding desired results. Speaking at the ‘Public Presentation And Breakdown...

FIRS Urges Govts To Add Value To Collected Taxes             The Federal Inland Revenue Service (FIRS) has urged state governments not to only collect taxes but also add value to the taxes collected. The Service is also worried that 22 years since Nigeria started this democratic dispensation...

FIRS Insists On VAT Collection, Warns Taxpayers Against Default       The Federal Inland Revenue Service (FIRS) has directed taxpayers in the country to continue to pay their Value Added Tax (VAT) to it or risk penalties for failing to do so. The FIRS said it decided to...

Recover N17.69bn From Tax Evaders, Senate Tells FIRS       The Federal Inland Revenue Service confirmed that companies with untraceable addresses evaded taxes to the tune of N17.69bn, according to a report by the Office of the Auditor General of the Federation for 2015. The Senate has consequently...

FIRS, Firm Partner To Simplify Tax Remittances       No further simplify tax remittances, SystemSpecs has collaborated with the Federal Inland Revenue Service (FIRS). This deal is also aimed at strengthening tax administration through its Remita Payment Gateway, which powers payments on TaxPro-Max, a new solution for filing...

Tax defaulters to pay 50% of disputed amount into court account before hearing Tax defaulters who plan to institute legal cases against the Federal Inland Revenue Service (FIRS) now have to pay 50% of the assessed amount in dispute into an interest-yielding account of the...