Connect with us

    Hi, what are you looking for?

    News

    Big Tax Reform: Nigerians to Use One ID Across All Tax Authorities

    Nigeria Revenue Service (NRS), in partnership with the Joint Revenue Board (JRB), has implemented a new Taxpayer Identification (Tax ID) system for all taxable persons in the country.

    Big Tax Reform: Nigerians to Use One ID Across All Tax Authorities

    The announcement was revealed on Monday, May 18, in a notice shared via the agency’s X handle.

    According to the NRS, the initiative is backed by Sections 6, 7, and 8 of the Nigeria Tax Administration Act, 2025, which mandates every taxable person to obtain a Tax ID.

    The agency said the new system is aimed at strengthening tax administration, improving transparency, and streamlining service delivery across federal and sub-national tax authorities.

    “The Tax ID will serve as a single, unified identity for all taxpayers, enabling seamless interaction with tax authorities at both federal and sub-national levels,” the NRS said.

    “It is designed to consolidate taxpayer records, eliminate duplication, and ensure more efficient management of tax-related information,” it added.

    The revenue authority noted that the Tax ID would simplify compliance procedures, including registration, tax filing, and payment.

    “The initiative will simplify tax compliance processes, including registration, tax filing, and payment procedures,” the agency said.

    The NRS also said the system would enhance accountability in tax collection by improving the visibility and tracking of taxpayer information.

    “The system will improve transparency by enabling better visibility and tracking of taxpayer records while reducing leakages and improving accountability in tax collection,” the agency said.

    “The framework will also harmonise taxpayer information across all levels of government.”

    Loading

    Spread the love
    Frank
    Written By

    Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Cyfrica
    ad

    You May Also Like

    News

    A Nigerian X user, Enori, has apologised after admitting that she used artificial intelligence to create and circulate a fake image claiming that an...

    Sports

    Here is everything to know about the AFCON 2027 qualifying process. 1. 48 countries are competing for 21 places A total of 48 nations...

    Tech

    IHS Nigeria has reaffirmed its commitment to expanding digital connectivity and supporting Nigeria’s digital transformation as the telecommunications industry marked 25 years of GSM...

    Broadcasting

    Ravenewsonline reports that PodFest Naija, a storytelling and podcasting festival, on Friday held its second edition in Lagos, attracting more than 3,000 attendees and...