Tag: FIRS
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FIRS Orders Banks to Shut Down All Unauthorised Tax Accounts in Push for Digital Compliance
In a decisive move aimed at tightening Nigeria’s tax administration, the Federal Inland Revenue Service (FIRS) has instructed all banks in the country to...
No New Taxes or Rate Hikes in Upcoming Reforms – FIRS
Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), has declared that the federal government's tax reforms will not impose new taxes or...
FIRS Introduces A USSD Code To Enhance Taxpayer Satisfaction By Enabling Real-Time Service Access
To improve the taxpayer experience, the Federal Inland Revenue Service (FIRS) released a new Unstructured Supplementary Service Data (USSD) code on Wednesday: *829#.
The code...
FIRS fails to generate N1.69 trillion in oil tax income in the first four months of 2024
With an average monthly revenue of N829.97 billion from oil taxes, the Federal Inland Revenue Service (FIRS) has fallen short of the agreed target...
FIRS generated N3.94trn in Q1 but falls short of the N4.8trn target
For the first quarter of 2024, the Federal Inland Revenue Service (FIRS) generated N3.94 trillion in tax income, falling short of its target of...
