Federal Inland Revenue Service, FIRS, has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30th to August 31st, 2020.
Executive Chairman of FIRS, Muhammad Nami said the extension is a follow up to a number of palliative measures devised by the service to cushion the effects of COVID-19 pandemic on Nigerian economy and to support tax-paying individuals and business entities in the country.
Mr Nami disclosed that there will be no further extension of this palliative measure.
He said tax debtors were therefore enjoined to liquidate their outstanding tax liabilities on or before August 31st in order to enjoy waiver of accumulated penalties and interests.
He also advised all concerned individuals and businesses to contact their respective tax Controller or the nearest FIRS Regional Debt Management Office in case of further enquiries adding that a list of all offices was available on their website: www.firs.gov.ng.