Nairametrics| The Federal Inland Revenue Service (FIRS) has announced that individuals and corporate organisations in the country can now file their tax returns online. This was made known by the Director of Information and Communication Technology, ICT, Mr. Kola Okunola, at a workshop in Abuja. According to Okunola, the introduction of Integrated Tax Administration System, ITAS, has now made transacting business with the FIRS possible without physically visiting the FIRS offices.
“ITAS automates the processes for registration, self assessment, audit, payments, refund, accounting and other functions of the Federal Inland Revenue Service. It enables tax payers to file their returns and pay online. It provides self-service and improves the efficiency of tax administration and reduces turnaround time for providing services to taxpayers, thereby improving voluntary compliance.” Vanguard quotes him as saying.
This increased ease of operations is expected to stimulate tax collection nationwide as taxes can now be paid from the comfort of the office or homes of the tax payer. Okunola also intimated attendees about several other new platforms, such as Pay Direct, FIRS Webportal, FIRS e-Tax Pay Solution and AutoSWIFT, adding that these software will bring added transparency into tax administration in Nigeria.
Chacha Wabara is a legal practitioner, blogger and fitness coach. She has over 5 years experience in blogging and freelance writing. She has written several articles and research work over the years as a freelance contributor. She joins Nairametrics as Our News and Analysis Lead.