Public Service Recognition a Morale Booster For Us, FIRS
The FIRS boss stated that the Award was a recognition for the reforms that the Service had carried out, and their consequent results.
News as it breaks
The FIRS boss stated that the Award was a recognition for the reforms that the Service had carried out, and their consequent results.
Yet another trillion Naira revenue shared at FAAC, courtesy of the FIRS, was reported in the media as quoted here: “The Federation Account Allocation Committee (FAAC), at its Meeting shared a total sum of N990.189 billion to the three tiers of government, as Federation Allocation for the month of December 2022.”
With this policy direction and initiative, the Federal Inland Revenue Service took the challenge to bridge the yawning revenue gap. In doing this they expanded the tax net to include several profit-making companies and organisations which had prior to the emergence of the Buhari administration played artful dodgers in tax payments and remittances.
2021, the Service achieved a record tax collection of N6.405 trillion, being over hundred percent of its collection target for the year, as well as the first time that the Service will cross the six trillion mark.
According to the court, “even though the prosecution alleged that the robbery occurred sometime in April 2016, the police did not commence investigations until June 28, 2017, a period of more than one year after the alleged incident
“This collection was possible through collaboration with our stakeholders, from our colleagues at the Executive branch of government, to the members of the judiciary, to our brothers and sisters at the National Assembly, as well as the tax advisory committee, professional bodies, unions, and most crucially our taxpayers.”
Tax Clearance Certificate, Now Available In “One Click” – FIRS