The Federal Inland Revenue Service (FIRS) has stated that its digital technology solution, TaxPro-Max has increased efficiency in tax administration and collection rates across Nigeria.
This was stated on Tuesday by FIRS executive chairman, Muhammad Nami at the 17th general assembly and 10th anniversary of the West African Tax Administration Forum (WATAF), in Abuja, on Tuesday.
The TaxPro-Max was launched on June 7, 2021, as the channel for filing naira-denominated tax returns to ease tax compliance and modernisation of tax administration in Nigeria.
With this platform, taxpayers can register, file returns, make payments and enable automatic credit of withholding tax, among other features.
According to him, the TaxPro-Max improved its revenue generation, in which the agency posted over N664 billion in June 2021 — the highest ever generated in a single month since the COVID-19 outbreak.
“At the Federal Inland Revenue Service, Nigeria’s premier tax authority, we have recently deployed our integrated tax administration system known as the TaxPro Max to ease tax administration and compliance,” Nami said.
“This cost-saving, effective solution that was developed in-house by the staff of the FIRS is a user-friendly technological platform which is accessible by tax officers and taxpayers alike, for most tax operations.
“We believe that with the simplification of tax remittances through the deployment of TaxPro Max and the resultant efficiency, the Service is geared towards recording increased collection rates, which will further enhance government revenue and improve transparency in tax administration.”