By Adedapo Adesanya
The Federal Inland Revenue Service (FIRS) has introduced the Self-Registration Module on Nigeria’s tax administration solution platform popularly called TaxPro-Max.
In a notice on Monday seen by Business Post, the tax authority said this was introduced as part of ongoing reforms aimed at ease of doing business and matching our new customer-centric posture with tangible action.
In the new development facilitated under the Executive Chairman of the agency, Mr Zacch Adedeji, with the innovation, taxpayers will be able to complete all registration processes with FIRS independently in the comfort of their offices or homes, thus saving them time and resources.
Recall that in June 2021, the FIRS introduced a new tax administration solution called TaxPro-Max to ease tax compliance in the country.
Then under the leadership of Mr Muhammadu Nami, the initiative was part of efforts at modernising tax administration in Nigeria, a crucial goal to boost Nigeria’s tax base.
“TaxPro-Max enables seamless registration, filling, payment of taxes and automatic credit of withholding tax as well as other credits to the taxpayer’s accounts, among other features.
“The TaxPro-Max also provides a single-view to taxpayers for all transactions with the service,” a disclosure revealed then.
Now, every newly registered corporate/business entity assigned a Tax Identification Number (TIN) automatically at the point of registration with the Corporate Affairs Commission (CAC) can now complete their registration with FIRS on TaxPro-Max via www.taxpromax.firs.gov.ng and follow the prompt for self-registration.
“We believe that this innovative approach to taxpayers’ registration will contribute to a more efficient and transparent tax system, ultimately benefiting both taxpayers and the country as a whole.
“FIRS, by this notice, advises taxpayers to take advantage of this new feature, while reiterating its commitment to continuous improvement in taxpayers’ experience,” it said on Monday.
Nigeria’s poor ranking in global ease of paying taxes and its low Tax-to-GDP ratio, which is significantly below the African average, has been a core focus in the current administration of President Bola Tinubu.
The Tinubu administration has said it will break the hold of heavy reliance on borrowing to finance public spending, thereby limiting fiscal space and hindering socio-economic development; one of the ways is to reform taxation in Africa’s largest economy.