FIRS directs banks to close unauthorised tax collection accounts

The Federal Inland Revenue Service (FIRS) has directed banks to shut any tax and levy collection accounts not authorised under its TaxPro Max system.

Zacch Adedeji, FIRS chairman, announced the directive in a statement on Monday.

Adedeji described the TaxPro Max as a homegrown tax administration platform that facilitates activities such as registration, filing, payment, and the issuance of tax clearance certificates.

He said the move is part of ongoing efforts to improve efficiency and transparency in tax collection, as well as ensure uniformity and seamless reconciliation of payments.

“Effectively immediately, all tax and levy collections on behalf of FIRS must be processed exclusively pursuant to an assessment raised on the TaxPro Max platform,” he said.

“All banks participating in the FIRS Collection, Remittance and Reconciliation Scheme are hereby advised to comply with this directive within the stipulated period.

“We count on your cooperation to ensure a smooth transition to this centralised system, thereby contributing to a more transparent and efficient tax collection process.”

The FIRS chairman asked taxpayers and other stakeholders to contact the revenue accounting and refund department (RAAD) in FIRS for any clarifications or support regarding the directive.