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TAXPRO MAX, Federal Inland Revenue Service game changer

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OVERVIEW

TaxPro Max is FIRS’ flagship tax administration solution for automated end-to-end processing of its tax administration function.

It is a game-changer through which FIRS achieved over 100 per cent of its 2021 collection target. In 2021, FIRS collected N6.405 trillion (N2.008trilion from oil and gas revenue), and (N4.396 trillion from non-oil and gas), against a target of N6.401 trillion.

The TaxPro Max Portal can be accessed by taxpayers from anywhere and in the comfort of their home/office.

It has been deployed in all FIRS offices nationwide, with the following functionalities (Registration, Filing, Assessment, Payment, Issuance of Tax Clearance Certificate and receipts for resident and non-resident taxpayers

FUNCTIONALITIES

eRegistration: Taxpayers (resident and non-resident companies) can be registered on TaxPro Max (https://taxpromax.firs.gov.ng), on a user-friendly interface.

Here a ‘resident company’ is a Nigerian business registered or incorporated under the Companies and Allied Matters Act, while a ‘non-registered company’ (NRC) is a business/individual not registered or incorporated in Nigeria but derives income or profits from Nigeria in any kind of business it operates.

The TaxPro Max system connects to Corporate Affairs Commission (CAC) to retrieve accurate details of your business incorporation and issues/enables/validates your unique business Tax Identification Number (TIN). Once allocated, the TIN cannot be changed.

After which, you can update as you deem fit, personal and business information for tax administration purposes and applied across all taxes.

e-Filing: Taxpayers are required to file returns on a periodic basis on TaxPro Max (Manual filing/intervention is prohibited). The TaxPro Max system accommodates different tax period such as bi-monthly, bi-annual.

All submissions made on TaxPro Max is seen as self-assessment. Your business or tax consultant/agent can now file return on TaxPro Max, for CIT, VAT, WHT, WVAT, PAYE, PIT, EDT, NITDEF, STAMP DUTY, EMTL, NASENI, POLICE TRUST FUND. Businesses in Insurance, Aviation & Shipping Sectors can also file their CIT returns on the system. On TaxPro Max you can utilize credit notes while filing CIT for your business.

Also, your business will receive notices on due dates for filing, payments and penalties.

e-Payment: The taxpayer can pay through multiple payment channels – online, direct debit, debit cards, payment gateways (Remita, InterSwitch, eTransact) etc, integrated with TaxPro Max. You can make tax payments in installments.

Taxpayer can view/calculate payment amounts and schedules prior to committing to an installment payment agreement. Taxpayer can view interests charged to their business on a daily or monthly basis until payment is executed.

e-Receipts: You will get FIRS-branded receipts for payments made, sent automatically to the email address your business used in registering with FIRS. The authenticity of an e-Receipt can also be verified by scanning the QR bar on the top right corner of the e-Receipt with your QR reader. e-Receipt can be verified by visiting https://tcc.firs.gov.ng/

e-TCC (electronic Tax Clearance Certificate): After fulfilling the tax obligation of your business, you can request for the e-TCC from the comfort of your home or Office. Application for the Tax Clearance Certificate can only be made electronically and online by visiting https://tcc.firs.gov.ng/.

Upon approval, a link to download the e-TCC will be instantly sent to the e-mail where the TCC can be printed. The authenticity of an e-TCC can also be verified by visiting https://tcc.firs.gov.ng/,clicking on the verify e-TCC button and entering the TCC Number and TIN of the Company. You can also use the QR Reader, to scan the QR bar on the top-right-corner of the e-TCC, to verify authenticity of the e-TCC.

Tax Accounting: You can view your business’ financial transactions history account activities including penalties, interests, previous payments, new filings, adjustments, assessments, etc. Your business records are accurate, safe and confidential on TaxPro Max.

The TaxPro Max portal also provides an audit trail log of all transactions – such as identifying date and time of updates and who performed the tasks. It is security-enabled to prevent unauthorized access or modifications.

The Service will continue to sensitize the entire public at different levels, on using TaxPro Max for filing, assessment and every other tax administration related issues.  MDAs, Private Sectors organisations, Financial Institutions, Banks, Payment Gateways, Accounting and Auditing firms, Professional bodies and Consultants, and other Taxpayer categories not mentioned have been sensitized and taken through various hand-holding sessions.

TaxPro Max Focal Officers in every tax office nationwide and FIRS entire Change network are proactive in identifying gaps, resolving issues and localizing TaxPro Max content and information.

The sensitization is an ongoing process and projected to last as updates are made to the application.

Detailed step-by-step guide for functionalities of TaxPro Max system can be found at https://taxpromax.firs.gov.ng  and www.firs.gov.ng  respectively.

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FAAN starts sales of E-Tags at airports

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The Federal Airport Authority of Nigeria (FAAN) said it has started the sales of e-tags at airports.

FAAN confirmed this in a statement on Friday. “Following the presidential directive that all citizens are mandated to pay for e-tags at all the 24 federal airports across the country, we wish to inform the general public that the e-tags are available for sale from Friday, 17th May 2024 at the following locations,” it said.

“Lagos: Murtala Muhammed International Airport Lagos, Terminal 1, 5th Floor) Office of HOD Commercial. Contact: 08033713796 or 08023546030.

“Abuja: Nnamdi Azikiwe International Airport, HOD Commercial Office (General Aviation Terminal) Contact: 08034633527 or 08137561615.”

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FG, Labour to reconvene next week over minimum wage negotiation

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The Tripartite Committee on Minimum Wage will reconvene on Tuesday, May 23 to further negotiate a reasonable new minimum wage for workers, after the organised labour walked out of the negotiation on May 15.

An invitation letter sent to the labour leaders by the chairman of the committee, Bukar Goni, states that the other members of the committee have agreed to shift grounds from the N48,000 proposal which was made on Wednesday.

The letter appealed to the labour leaders to speak to their members and attend the reconvened meeting next Tuesday.

The organised labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have proposed a new minimum wage of N615,000, which is way higher than the N48,000 proposal by the government.

The organised private sector, on the other hand, proposed an initial offer of N54,000. After dumping the talks, the labour leaders addressed a press conference where they expressed their anger over the Federal Government’s offer.

They blamed the government and the private sector for the breakdown in negotiation.

The Federal Government had failed to present a nationally acceptable minimum wage to Nigerians before the May 1 Labour Day.

The situation has forced labour to be at loggerheads with the government. In the wake of the tussle, the NLC President Joe Ajaero insisted on the N615,000 minimum wage, arguing that the amount was arrived at after an analysis of the economic situation worsened by the hike in the cost of living and the needs of an average Nigerian family of six.

Ajaero and labour leaders have given the Federal Government a May 31 deadline to meet their demands.

On January 30, Vice President Kashim Shettima inaugurated the 37-member  tripartite committee to come up with a new minimum wage.

With its membership cutting across federal, and state governments, the private sector, and organised labour, the panel is to recommend a new national minimum wage for the country.

During the committee’s inauguration, the Vice President urged the members to “speedily” arrive at a resolution and submit their reports early.

“This timely submission is crucial to ensure the emergence of a new minimum wage,” Shettima said.

The 37-man committee is chaired by the former Head of the Civil Service of the Federation, Goni Aji.

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Tinubu appoints governing board members for 111 tertiary institutions

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President Bola Tinubu has approved the appointments of at least 555 persons to serve as Pro-chancellors/Chairmen and members of Governing Boards of 111 federal universities, polytechnics and Colleges of Education.

This followed Tinubu’s assent to a list of nominees selected by the Ministry of Education.

It was signed by the ministry’s Permanent Secretary, Mrs. Didi Esther Walson-Jack.

“The inauguration and retreat for the Governing Councils will take place on Thursday, May 30 and Friday, May 31, 2024, at the National Universities Commission, 26 Aguiyi Ironsi Street, Maitama, Abuja. Both events will commence at 9:00am daily,” said Walson-Jack.

When contacted for confirmation, the Presidency said the list emanated from the Ministry of Education.

“This is from the Federal Ministry of Education…they make the nominations and forward them to the President to sign. But they are at liberty to release it from their end,” the President’s Special Adviser on Information and Strategy, Bayo Onanuga, told our correspondent on Saturday.

The appointments come days after the Academic Staff Union of Universities had threatened to embark on another strike, potentially disrupting the academic calendar and causing further setbacks in the country’s higher education sector.

The union, on Tuesday, decried the failure of the Federal Government to appoint Governing Councils for federal universities.

The union also faulted what it described as the nonchalant attitude of the President Bola Tinubu-led Federal Government to matters about academics in federal universities.

The body of academics, during a briefing at the University of Abuja, also faulted the 35 per cent salary increment for professors and the 25 per cent salary increment for other academics in the university system.

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