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FIRS

News and Analysis about firs

The FIRS, has said it is committed to surpassing the N10.1 trillion it collected as tax for the government last year through the use of technology.
The DG of NITDA, Kashifu Inuwa, has said that Nigeria has the prospect of earning up to $40 billion annually
The FIRS, alongside the FG and relevant agencies like EFCC, must ensure that there's tax transparency in the country
Nigeria’s Federal Inland Revenue Service (FIRS) has announced the highest tax revenue in its history, collecting N10.1 trillion in tax revenues in 2022
FIRS said that taxpayers can now get their Tax Clearance Certificate in a single click via its flagship Taxpro Maxsolution
Tax
The FIRS advised taxpayers to take advantage of this window of opportunity and pay all their outstanding tax liabilities on or before the deadline
The FIRS has extended the deadline for filing CIT Returns for the 2022 Year of Assessment, which was due on 30th June 2022, to 31st August 2022.
Tax
The manufacturing, information and communication, and mining sectors led the list of sectors with highest VAT remittances in the first quarter of 2022.
Teams of FIRS officers would visit chosen taxpayers and taxable persons to evaluate their VAT and WHT records
The FIRS has stated that it will commence the process of enforcement and recovery of unremitted tax deductions owed by some states and LGs in Nigeria.
The FIRS on behalf of the federal government of Nigeria generated a sum of N532.48 billion from Company Income Tax (CIT) in the first quarter of 2022
The FIRS has insisted on tax compliance as a recommended prerequisite for clearing aspirants to contest for elective positions.