The Federal Inland Revenue Service (FIRS) has issued guidance introducing a waiver of penalties and interest on some unpaid tax for the periods between 2013 and 2015. Taxpayers who are eligible for the penalty and interest waiver must declare the tax indebtedness within a 45-day period that is from 5 October 2016 to 24 November 2016. They must present a suitable payment plan for resolving the tax liability. The liability can either be fully paid or paid in installments. Note that, if paid in installments then the first installment is to be at least 25% of the principal amount due. On the basis of a guidance issued in October 2016, taxpayers can file their tax returns at the FIRS tax office closest to their place of business or another preferred location. Taxpayers need to notify the Tax Controller and request a transfer of their tax files to the new tax office if want to change the tax office where they file their returns.
Related Posts
Nigeria: NRS expands mandatory e-invoicing rollout to medium and emerging taxpayers
The Nigeria Revenue Service (NRS) has announced the continuation of the phased rollout of its E-Invoicing and Electronic Fiscal System (EFS), also known as the Merchant Buyer Solution (MBS), to Medium and Emerging Taxpayers. In a notice issued on
Read More
Nigeria: NRS announces phased e-invoicing rollout
The Nigeria Revenue Service (NRS) has released a timeline for the phased implementation of its Electronic Invoicing and Electronic Fiscal System (EFS), also known as the Merchant Buyer Solution (MBS). The initiative is part of efforts to modernise
Read More
Nigeria: NRS clarification refutes 25% tax on building materials, funds
The Nigeria Revenue Service has clarified, on 17 February 2026, that the Nigeria Tax Act 2025 is already in effect and does not impose a 25% tax on building materials, construction funds, or related transactions, contrary to false claims circulating
Read More
Nigeria: NRS scraps road tax credit scheme over verification challenges
The Nigeria Revenue Service (NRS) has ended the road infrastructure tax credit programme on 5 February 2026, citing its inability to verify construction projects completed under the initiative. NRS Chairman Zacch Adedeji announced the decision,
Read More
Nigeria: FAAN to hike cargo tariffs
The Federal Airports Authority of Nigeria (FAAN) announced that it will implement new cargo tariffs from 2 February 2026. The revision, approved in 2025, was delayed to allow FAAN to strengthen internal controls and close revenue leakages that
Read More
EU removes Nigeria from anti-money laundering, countering financing of terrorism list
The Federal Government of Nigeria has welcomed the decision of the European Commission to remove Nigeria from the European Union’s list of high-risk third countries for Anti-Money Laundering and Countering the Financing of Terrorism
Read More