FG Directs Banks To Close All Unauthorised Tax Collection Accounts

FG has directed banks to close all unauthorised tax collection accounts with immediate effect.

 

NewsOnline Nigeria reports that the Nigerian Government through the Federal Inland Revenue Service (FIRS) has directed banks to immediately identify and close any FIRS tax and levy collection accounts not authorised under the TaxPro Max system.

 

This Nigeria news platform understands that TaxPro Max is a homegrown tax administration platform that facilitates tax-related activities, including registration, filing, payment issuance of tax clearance certificates, among others.

 

ALSO: Justice Omotosho Grants Request For FG Witnesses To Testify Behind Screen Against Kanu

 

A public notice signed by the FIRS chairman, Zacch Adedeji and made available to newsmen by his Special Adviser on Media, Dare Adekanmbi, said the decision was part of the ongoing efforts to boost efficiency and transparency in tax collection as well as ensure uniformity and seamless reconciliation of tax payments.

 

Entitled Directive to Close Unauthorised FIRS Tax Collection Accounts, the public notice said, “effectively immediately, all tax and levy collections on behalf of FIRS must be processed exclusively pursuant to an assessment raised on the TaxPro Max platform.”

 

“All banks participating in the FIRS Collection, Remittance and Reconciliation Scheme are hereby advised to comply with this directive within the stipulated period.

 

“We count on your cooperation to ensure a smooth transition to this centralised system, thereby contributing to a more transparent and efficient tax collection process,” the statement said.

 

The statement urged taxpayers and other stakeholders to reach out to the Revenue Accounting and Refund Department (RAAD) in FIRS for any clarifications or support regarding the directive.