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Taxes & Tariffs | |
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Tuesday, June 09, 2020 / 03:04
PM / by KPMG Nigeria / Header Image Credit: FIRS
The Federal Inland Revenue Service (FIRS) has launched
a new tax clearance certificate (TCC) application portal ("the new portal"),
following the decommissioning of the current TCC application website ("the old portal").
Consequently, taxpayers have been advised to update their information with the
FIRS to enable a smooth transition to the new portal and ease of processing TCC
applications from next year.
To this effect, taxpayers are required to complete the
FIRS Update Form ("the Update Form") and submit same to their respective tax
offices, or via the designated e-mail addresses of their tax offices for
necessary action.
Comments
While we commend the FIRS on the launch of the new
portal, we are aware that most taxpayers were issued restricted six-month TCCs
earlier in the year, which will expire by 30 June 2020. Therefore, the
timing for deactivating the old portal may not be most convenient for taxpayers
who are currently applying for an extension of their TCCs through the old
portal. This may also explain the difficulty taxpayers are experiencing
in accessing the old portal.
Further, as the new portal is not yet operational for
us to evaluate its features, it is hoped that the new portal will be robust
enough to address the system downtime and other technical and operational
issues experienced by taxpayers and tax officers with the old portal.
Also, the old portal allowed taxpayers to download tax payment receipts and
withholding tax (WHT) credit notes real-time. With the deadline for filing of
companies' income tax returns fast approaching, it is pertinent that the FIRS
fast-tracks the operationalization of the new portal to enable taxpayers to
download their available WHT credit notes to offset their income tax
liability. Alternatively, the FIRS can provide a means for taxpayers to
complete their TCC extension application, and access available WHT credit notes
pending when the new portal becomes operational.
Meanwhile, as requested by the FIRS, taxpayers should
comply with the FIRS' directive by submitting the information required by the
FIRS to update their records on the new portal.
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