Interswitch, FIRS Seal Deal on Seamless Tax Payment

In fulfillment of its commitment to delivering seamless payment solutions, Interswitch Group has reaffirmed its pre-existing partnership with the Federal Inland Revenue Service (FIRS) to enable taxpayers file all Naira denominated tax returns through its robust and government-approved payment gateway.

The Interswitch payment gateway was deployed on FIRS’s new Tax Administration Solution (TaxPro-Max) e-filling platform on June 7, 2021. For a seamless tax remittance process, taxpayers and tax consultants are expected to follow these easy steps:

  • File your tax return on FIRS TaxProMax
  • Click on Interswitch logo to generate the Document Identification Number (DIN).
  • Make payment using InterswitchPaydirect at any bank branch nationwide or pay online via Quickteller Mobile App/Web.

Note that registration on TaxProMax is mandatory. Therefore, taxpayers that are yet to get their user credentials are advised to register online or visit the nearest FIRS tax office to be onboarded immediately.

Commenting on the consolidation of the partnership with the FIRS, Chinyere Don-Okhuofu, Interswitch Group’s Divisional CEO for Industry Ecosystem Platforms remarked Interswitch is committed to supporting the FIRS to deepen effective tax collection, which is critical to national economic prosperity through its robust digital payment platform.

She said, “In furtherance of our commitment to support the Federal Government in driving efficient and accountable revenue collection across all touch points, we are delighted to consolidate our existing partnership with the Federal Inland Revenue Service in delivering seamless payment collections and reporting to complement the improved TaxProMax platform. The continued partnership between Interswitch and the FIRS, which dates back as far as 2005 when Interswitch pioneered electronic tax collections for the Federal Government of Nigeria is an attestation of our commitment to delivering robust and efficient payment solutions and a confirmation of the agency’s trust in our solutions.”

FIRS has modernised its tax administration and collection processes. We believe that the ease accompanied by the new platform will enhance tax compliance. In addition, leveraging proven payment solutions such as Interswitch’s makes the platform consistent with global standards. We therefore encouraged taxpayers to pay all their Naira-dominated tax returns through the Interswitch portal.

Don-Okhuofu stressed the need to strengthen the digital payment landscape through innovative payment solutions such as TaxPro-Max to drive the much-needed transformation in the Nigerian economy.

The new TaxPro-Max e-filling platform was developed to specifically aid seamless registration, filing, payment of taxes and automatic credit of withholding tax as well as other credits to the taxpayer’s account, among other features.

TaxPro-Max also avails taxpayers a single view for all transactions with the service.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Top10 Magazine Names Umaru Kwairanga as Man of the Year 2026

Alhaji (Dr) Umaru Kwairanga, Group Chairman, Nigerian Exchange Group...

CBN Grants JPMorgan Approval-in-Principle to Establish Merchant Bank in Nigeria

The Central Bank of Nigeria (CBN) has granted Approval-in-Principle...

Cardoso Engages Business Leaders on Strengthening Nigeria–China Financial Corridor

The Central Bank of Nigeria (CBN) convened a high-level...

UBA Commences Contempt Proceedings Against WEMPCO Directors over Alleged Disobedience of Court Order

Mr. Lewis Tung and his brother, Robert Tung The Federal...

$242m Petroleum Products Diversion Claim: UBA Secures Court Order Against Vitol, Four Others

A Lagos State High Court has granted interim preservative...

Topics

BPE to Privatise 5 Mining Firms at N108.05m

The National Council on Privatisation (NCP), at its 4th meeting...

Bearish Run Sustained on Large Sell-Offs… ASI Down 1.6%

The local bourse continued its bearish run as the...

Lasaco Assurance Champions Maternal Health with Safe Start Initiative

From left: Mrs. Usifoh Sessin, Nursing Officer, Ogba Primary...

Skye Bank: ‘CBN is Selective’

The leader of a major shareholder group in Nigeria...

Editors Tackle FG over Social Media Regulation, Elects Isah Ag President

The Nigerian Guild of Editors (NGE) has cautioned the...

NCDMB Seeks Annual FID Week to Drive Increased Oil Production

As part of the strategies to increase Nigeria’s crude...

How Stanbic IBTC Was Caught in Annual Accounts Fraud

The white-stained gloves went off. And the pretence of Best Corporate Governance was publicly muddled as Stanbic IBTC Bank Plc was caught red-handed by the Financial Reporting Council (FRC) for allegedly falsifying and manipulating its annual accounts in 2013 and 2014 to deceive regulators, tax authorities, shareholders and the general public on the true state of its financial results in the two years under review. The sanctions against the bank included immediate suspension of Mr. Atedo Peterside, Chairman and Mrs. Sola David-Borha, CEO.

U.S. is No. 1 Source of Spam Emails, Down 11.4% in 2O15

According to the latest Kaspersky Lab Security Bulletin, the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img