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FIRS Orders Banks To Close Unauthorised Tax Collection Accounts

Newscoven by Newscoven
April 28, 2025
in Business
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The Federal Inland Revenue Service (FIRS) has directed banks to immediately identify and close any FIRS tax and levy collection accounts not authorised under the TaxPro Max system.

The TaxPro Max is a homegrown tax administration platform that facilitates tax-related activities, including registration, filing, payment issuance of tax clearance certificates, among others.

FIRS Chairman, Zacch Adedeji gave the order in public notice made available to newsmen by his Special Adviser on Media, Dare Adekanmbi, on Monday.

The Service boss stated that the decision was part of the ongoing efforts to boost efficiency and transparency in tax collection as well as ensure uniformity and seamless reconciliation of tax payments.

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Titled “Directive to Close Unauthorised FIRS Tax Collection Accounts”, the public notice stated, “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.

“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.”

Taxpayers and other stakeholders were urged in the public notice to reach out to the Revenue Accounting and Refund Department (RAAD) in the Service for any clarifications or support regarding the directive.

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