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  1. Nigeria Metro News

    Metro Incredible! FIRS Sets 8 Trillion Naira Revenue Target In 2019 – Naijaloaded

    The Federal Inland Revenue Service has given itself a target to generate N8tn revenue in 2019. As such, it called on all taxpayers and other stakeholders to support the drive to make the target achievable. The Chairman, FIRS, Mr Tunde Fowler, … Read more via Naijaloaded | Nigeria’s Most...
  2. curator

    Business FIRS generates N4.03trn revenue – Vanguard News

    The Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, said the Service collected N4.03 trillion revenue in 2017. A statement by the Head, Communications and Servicom, FIRS, Mr. Wahab Gbadamosi, on Wednesday in Abuja, said Fowler made this known when he led a delegation to the...
  3. Samguine

    Government Jobs In Nigeria: Federal Inland Revenue Service (FIRS) - Consultant Analyst

    The Federal Inland Revenue Service as part of its consolidation strategies, wish to engage the services of early starters with integrity, drive and desire to win professionally, to strengthen its workforce. Applications are invited from suitably qualified candidates/firms to fill the vacant...
  4. RemmyAlex

    Business FIRS To Introduce Electronic Tax Clearance Certificate

    The Federal Inland Revenue Service (FIRS) says it will soon introduce electronic Tax Clearance Certificate (TCC) system to help reduce fraudulent certificates. Mr Kola Okunola, Director ICT, FIRS, said this in a presentation at the ongoing training by Journalism.com Ltd., in collaboration...
  5. RemmyAlex

    Business FIRS Introduces VAT on International Passports

    The Executive Chairman of the Federal Inland Revenue Service (FIRS) on Monday said Nigerians will soon pay Value Added Tax (VAT) before obtaining their passports. Mr Tunde Fowler said this at the 136th meeting of the Joint Tax Board which had the theme: “Increased Inter-Agency Co-operation to...
  6. Lequte

    Metro Nigeria Tax Clearance Certificate Required To Get Passport- FIRS

    The Federal Inland Revenue System, FIRS, has announced that Nigerians would start paying Value added tax before they are issued international passports. “We did take a position and I believe it would be implemented in the very near future that before you get any services from the immigration...
  7. RemmyAlex

    Business FIRS Registers 700,000 Fresh Taxpayers in One Year

    The Federal Inland Revenue Service said it had registered about 700,000 new corporate taxpayers in the last one year in a bid to widen the tax net and boost government revenue. The Executive Chairman, FIRS, Mr. Tunde Fowler, stated these at the African Tax Administration Forum and International...
  8. RemmyAlex

    Business FIRS Records N2.13 Trn Taxes in Half Year Report

    Federal inland revenue service, FIRS has released the figures for its operations in the first half of the year. The report shows a total revenue generation through taxation in the first half of the year of about N2.43 trillion as compared to the total collection of N1.94 trillion for the...
  9. RemmyAlex

    Business FIRS Boss, Fowler Restructures, Changes Tax Controllers, Auditors

    The Federal Inland Revenue Service (FIRS) is undergoing a fresh restructuring that will replace the current tax controllers, heads of audit, heads of government tax offices and zonal coordinators. Sources at tax office told Daily Trust that the reorganisation, approved by the new chairman...
  10. Samguine

    Nigerian Tax System: Withholding Tax (WHT) - 6 Things You Should Know

    What is Withholding Tax? Withholding Tax (WHT) is an advance payment of income tax. What is the Rate of Withholding Tax for companies and individuals on transactions? There are varying rates of WHT ranging from 2.5% to 10% for companies and 5% to 10% for individuals depending on the...
  11. Samguine

    Nigerian Tax System: PAYE, Tax Evasion And Other Important Things You Should Know

    What is P. A. Y. E? P. A. Y. E. is an acronym for “Pay As You Earn”. It is a method of collecting personal income tax from employee`s salaries and wages through deduction at source by an employer as provided by the relevant sections of Personal Income Tax Act (PITA). (S.81 of Personal Income Tax...
  12. RemmyAlex

    Business FIRS Shuts 4 Companies In Lagos Over N2.6Bn Tax Debt

    The Federal Inland Revenue Service (FIRS) yesterday sealed the offices of construction giant Costain West Africa Plc, First Deepwater Discovery Limited, CAT Construction Group Limited and OPI International Limited, all in Lagos. Costain West Africa Plc alone is alleged to be owing N2bn in...
  13. Jules

    Entertainment Linda Ikeji - 'The FIRS report is False'

    Linda Ikeji has taken to Instagram to comment on her alleged troubles with the FIRS. READ: Linda Ikeji in Trouble with FIRS Over N75m Tax Evasion,Denies Banana Island Mansion [THE CAPITAL] She wrote: ''Home chilling! For the record: the FIRS report is false. The house is 1000% mine. They keep...
  14. RemmyAlex

    Politics Nigerian Senate Queries FIRS Over N1.6bn Budget on Welfare Package

    The Senate Committee on Finance, yesterday rejected the idea by the Federal Inland Revenue Service FIRS to appropriate the sum of N1.6 billion as welfare package for its new retirees in 2016. The FIRS justified the idea by stating that the they are having an annual event to recognize its...
  15. Samguine

    How To Claim A Tax Refund From The Federal Inland Revenue Service

    Do you have a legitimate Tax Refund to claim from the Federal Inland Revenue Service? Below are processes and requirements for claiming your tax refund in a timely manner: 1. Address your application to: The Executive Chairman Federal Inland Revenue Service (FIRS) Revenue House 20 Sokode...
  16. Lequte

    Business Nigeria: CBN, FIRS& NIPOST Clash over New N50 Stamp Duty

    Three key government agencies in the country, the CBN, Nigerian Postal Service and the Federal Inland Revenue Service, have clashed over the new N50 stamp duty recently reintroduced to the banking industry by the CBN. Central issues in contention are the account where the money realised from...
  17. Lequte

    Metro FIRS Director Arrested for Duping University Chancellor of N20m

    A deputy director at a regional FIRS tax office, Abumere Joseph Osagie, has been arrested by the EFCC in a case of abuse of office and bribery. "Osagie and one Jamila Ojora had on January 27, 2016 allegedly approached Senator Ahmed Datti, the Chancellor of Baze University, Abuja and gave him a...
  18. RemmyAlex

    Metro Lagos Government Shuts 6 Firms Over Inability To Remit N18.73m Tax

    The Lagos State Internal Revenue Service (LIRS) has sealed six companies for failure to remit N18.73 million personal income taxes of their workers to the state government on Wednesday. The Assistant Head of Distrain Unit of the LIRS, Mrs Oluwalomona Ekosanmi, disclosed this to the News...
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