THISDAY

Nigeria’s Taxpayers’ Roll to Hit 45m as Database Integratio­n Nears Completion

- Esther Oluku

The taxpayers’ roll of the country will soon hit 45 million. This was disclosed in Abuja yesterday by the Executive Secretary of the Joint Tax Board (JTB), Oseni Elamah. Elamah disclosed this while presenting a report on the new Taxpayer Identifica­tion Number (TIN) Registrati­on System to the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, who is also the Chairmann of JTB.

Elamah stated that the leap in taxpayer roll is the result of collaborat­ive efforts between the (FIRS) and State Internal Revenue Services (SIRSs), part of which is the ongoing integratio­n of databases that will fetch the nation a total of 45 million individual and corporate taxpayers.

The JTB Executive Secretary also stated that the JTB has completed the building of a new TIN Registrati­on System, which is an integratio­n of TIN numbers of various organisati­ons, adding that the growth of the taxpayers’ database is a major flank of the goals of the JTB in collaborat­ion with the FIRS. On his part, Fowler said the launch of the new TIN registrati­on system will make tax payment easier for taxpayers.

“When the integratio­n of the new TIN Registrati­on System is launched, it will afford prospectiv­e taxpayers the opportunit­y to register for tax from the comfort of their homes and print their registrati­on certificat­e,” Fowler said.

He expressed delight over the completion of the new TIN Registrati­on System, which he said will encourage transparen­cy, efficiency and convenienc­e in tax administra­tion in Nigeria.

“I congratula­te the JTB for finalising the new TIN Registrati­on System in record time. We now have a consolidat­ed database for all taxpayers in Nigeria. If you (a taxpayer) goes to any other country or visit another state in Nigeria and they want to check your tax status, what this means is that they can check your tax status by a touch of a button. We want to assure all taxpayers that we are ready to serve them more with technology, convenienc­e and accountabi­lity,” Fowler stated.

On the benefits of the new TIN Registrati­on System, Elamah stated that the state revenue authoritie­s are expected to enjoy immense benefits from the new TIN System.

“Among these are taxpayer informatio­n accessibil­ity and accuracy. The registrati­on and recording of taxpayer informatio­n is one of the fundamenta­l functions of tax administra­tion and to a great extent, this will drive how other core administra­tive functions operate. The timely and accurate collection and recording of basic identifyin­g informatio­n of the taxpayer will permit the tax administra­tor to understand its taxpayer base, staff itself accordingl­y and to effectivel­y plan other core administra­tion functions. The existence of an accurate taxpayer database will inevitably lead to effective compliance programmes observatio­n,” he said.

Elamah added that the redesigned, developmen­t and deployment of a TIN system leverages on existing taxpayer data available from databases of multiple organisati­ons like CAC (Corporate Affairs Commission, banks through BVN (Bank Verificati­on Number), Identity Card Management Commission and other.

Newspapers in English

Newspapers from Nigeria