The Guardian (Nigeria)

FIRS promi ses friendly tax administra­tion

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THE Board of Directors of of Business Support. She has Access Holdings Plc has nearly three decades of proannounc­ed the appointmen­t fessional experience cutting of Bolaji Agbed e as the Acting across banking and business Group Chief Executive Officer consultanc­y services. Agbede of the company. Agbede 's commenced her profession­al appointmen­t is subject to the career in 1992 at Guaranty approval of the Central Bank Trust Bank and served in variof Nigeria ( CBN). The appointous capacities within the ment follows the demise of Commercial Banking and the former Group Chief Operations functions rising Executive Officer, Dr. Herbert to the position of Manager in Wigwe, on Februar y 9, 2024. 2001. She subsequent­ly Agbede, until her recent served as the Chief Executive appointmen­t, was the compaOffic­er of JKG Limited, a businy’s most senior founding ness consulting outfit in Executive Director in charge 2003.

The Executive Chairman of the Federal Inland Revenue Service ( FIRS), Dr Zacch Adedeji, has assured Nigeria’s leading telecommun­ications companies of a tax administra­tion that is friendly, customer- centric and helps businesses to flourish.

Adedeji gave the assurance while receiving the Chief Executive Officer of MTN Nigeria Plc, Mr Karl Toriola, who led the management team of the company on a visit to the Revenue House in Abuja yesterday.

A statement issued by Special Adviser on Media to the FIRS Chairman, Dare Adekanmbi, said the resolve to create an environmen­t of growth by removing every obstacle in the way of corporate entities was in line with the directive of President Bola Tinubu.

The FIRS chairman, according to the statement, explained that the ongoing restructur­ing at the agency leading to the creation of a one- stop shop for taxpayers according to their turnover thresholds was part of measures aimed at easing payment of taxes.

“The way we are structured now is that we have large taxpayers’ groups, medium and small. Those in the large tax group are companies with turnover of N5b and above and I know that is where MTN belongs.

“In the large tax category, you will now be required to pay all your taxes, including Company Income Tax, VAT and others in that one- stop shop where you can also have issues relating to audit sorted.

“Essentiall­y, the issue of multiple letters from various units within FIRS over almost the same matter has been taken off the system with the restructur­ing that we have done. We are now focused on providing the needed service to our customers,” Adedeji was quoted.

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