Businesses in Nigeria will file withholding tax (WHT) returns on TaxProMax for amounts withheld on payment to companies. Withholding tax deducted from certain transactions with companies is payable to the Federal Inland Revenue Service (FIRS). When the WHT return is…
What is TaxPro Max? TaxProMax is an online portal by the Federal Inland Revenue Service (FIRS) that seeks to ease tax compliance procedures in Nigeria. The electronic platform allows taxpayers to register for tax, and apply for and check the validity…
Federal Inland Revenue Service (FIRS) has introduced a new feature to ease the registration of new taxpayers in Nigeria. The self-registration module on TaxPro Max allows taxable persons to register for taxes with FIRS online. Taxpayers can now register with…
There is a new way to claim input value added tax (VAT) on the TaxPro Max. The Federal Inland Revenue Service (FIRS) has released a guide for taxpayers should file their VAT returns for April 2023 in May 2023. Every…
The Federal Inland Revenue Service (FIRS) has waived interest and penalty for taxpayers on the TaxPro Max. FIRS waiver is in response to the additional interests and penalties on liabilities from monitoring, desk review, tax audit, and tax investigation when…
The tax registration process in Nigeria should be a seamless one. It’s the beginning of a continuous interaction with the TaxMan. We’ve put together answers to common questions on tax registration with the Federal Inland Revenue Service (FIRS). We trust…
Taxpayers in Nigeria have an additional time of one month to file the company income tax (CIT) returns for the 2021 year of assessment (YOA). The new due date is 31 July 2021. Federal Inland Revenue Service (FIRS) will suspend…
The central tax authority in Nigeria has launched an online portal for tax filing and administration affairs. Taxpayers can register a new business, make payments, and access their withholding tax status through TaxPro Max, an online portal. TaxPro Max is…
