SHARE
The Federal Inland Revenue Service [FIRS] extends tax debt payments to August 31
Spread the love

Hits: 62

The Federal Inland Revenue Service (FIRS) has additionally broadened the end date of waiver of punishment and intrigue window on charge obligations from June 30, 2020 to August 31, 2020.

The organization encouraged people and organizations to utilize the chance to make their installments.

FIRS Chairman, Muhammad Nami, made the declaration on Wednesday.

In an announcement by the Director of Communications, Abdullahi Ahmad, Nami expressed that the expansion was a piece of palliative measures to pad the impacts of COVID-19 on the Nigerian economy.

The augmentation applies to Tax Audit, Tax Investigation and Desk survey evaluations, Approved portion installment plans under Voluntary Assets and Income Declaration Scheme (VAIDS) yet to be completely exchanged.

Nami told citizens that there will be no further expansion.

“Tax debtors are therefore enjoined to liquidate their outstanding tax liabilities on or before 31st August, 2020 in order to enjoy waiver of accumulated penalties and interests”, he urged.

He prompted all worried to contact their particular Tax Controller or the closest FIRS Regional Debt Management Office for additional enquiries.

“A list of all our offices is available on our website,” the statement added.