We understand that the Acting Head of the Federal Inland Revenue Service (FIRS), Mr Samuel Ogungbesan has been relieved of his duties.

I have uploaded below our tax calendar for August for your use.

The Finance Act 2020 amends section 18 of the Nigeria Export Processing Zones Act and the Oil and Gas Export Free Zone Act to require all entities ...

The FIRS in a move to improve tax compliance has launched three e-channels for tax remittance. If properly implemented some of the current challenges and inefficiencies encountered in processing tax payments will be reduced.

I have uploaded below a copy of my article published in the BusinessDay Newspaper on Monday 10 February for your reading pleasure.

Is FIRS Empowered To Place A Lien On Tax Defaulter's Account? (Video)

Lagos Revenue Agency Sets Deadline For Filing Individual Annual Tax Returns

The LIRS has extended the deadline for employers to file their annual returns from 31 Jan to 8 Feb 2019.

The governor of Lagos State has appointed Mr Folarin Ogunsanwo as the new Chairman of the Lagos State Board of Internal Revenue.

As we count down to the end of 2018 with excitement, the taxman is also counting down and may be excited for a different reason.

Another quick reminder to keep an eye on your tax returns and payment deadlines for the month of May.

Nigeria's tax administration is undergoing a significant transformation with the launch of Rev360, a next-generation revenue platform set to debut on April 30, 2026. This new system promises to revolutionize efficiency, transparency, and taxpayer experience, marking a pivotal shift toward a smarter, more integrated tax infrastructure. Businesses must understand what this platform means for their operations and how to prepare for the changes ahead.

In an attempt to raise non oil revenue, the Central Bank of Nigeria has directed all banks to enforce collection of N50 stamp duty for receipted transactions including online transfers of N1,000 and above effective immediately.

Attached below is our tax calendar for April 2014 for your use.

Please find below our tax calendar for the month.

Our tax calendar for the month is now available for your use.

Nigeria's Revenue Service has launched Rev360, a comprehensive digital platform that replaces TaxPro Max and consolidates tax compliance functions into a unified system. This transition raises critical questions about data migration, taxpayer onboarding, and the operational adjustments required to maintain compliance during the implementation phase. Tax advisers and corporate taxpayers must navigate new role-based access protocols and reconciliation procedures as the country accelerates its shift toward int

Very recently, the Federal Inland Revenue Service [FIRS] has turned its focus to enforcement of stamp duties.

Uploaded below is our tax calendar for the new month. This will help you keep an eye on the tax filing and payment deadlines in order to avoid penalties and interest.

The Federal Inland Revenue Service (FIRS) issued an Information Circular on 14th June 2024, to clarify the tax treatment of foreign exchange (forex) transactions (‘the Circular').