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Home Business News

Tax certificate collection and the 5 other online services the FIRS has introduced

Chacha Wabara by Chacha Wabara
June 5, 2017
in Business News, Financial Literacy, Small Business
Avoid paying taxes, Nigeria generates N416.01 billion from Company Income Tax in Q3 2020

Government taxes on your revenue Source: Nairametrics File

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The Federal Inland Revenue Service (FIRS) has upgraded its web platform and as such has introduced some 6 new electronic solutions Nigerians can make use of in the comfort of their homes and offices. According to the Executive Chairman, Tunde Fowler, these e-services will improve the convenience, transparency and round the clock processing and payment of taxes.

The 6 newly introduced services include

  • Taxpayer registration (through e-Registration)
  • Payment of Stamp Duties (through e-Stamp Duty)
  • Payment of taxes (through online payment: e-TaxPay, Remita)
  • Receiving of electronic receipt after payment of taxes (through e-Receipt)
  • Filing tax returns online (through e-filing)
  • Collection of Tax Clearance Certificates (TCC) online through electronic Tax Clearance Certificate (e-TCC solution)

Fowler expressed the goal of the FIRS in introducing these new services as making tax payment very easy. It is, in turn, believed that if tax payment is easy and transparent, more taxpayers will be encouraged to pay their taxes and thus revenue generated will increase. The introduction of these services is an initial step in the FIRS’ revolution in tax administration aimed at making tax administration people-centric.

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Tags: E-paymentSMETAXTax clearance CertificatesVATWithholding Tax
Chacha Wabara

Chacha Wabara

Chacha Wabara-Ogbobine is a Legal practitioner with over 9years post call experience. A research Consultant, professional writer and a blogger at heart,owner of four thriving websites with well over 10years of experience. Totally in love with keeping fit and coaching weight loss enthusiasts. I love my quiet time, being with my kids, watching TV series for hours on end.

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