The Chartered Institute of Taxation of Nigeria (CITN) on Thursday held a training programme in Lagos geared towards sensitising its members on the process of electronic filing of tax returns and payments.
The programme, which was held in collaboration with the Federal Inland Revenue Service (FIRS), focused on the need for tax consultants to embrace the new electronic system put in place by the FIRS, as it will improve the quality of customer services and reduce the cost incurred by consultants in filing tax returns and payments.
Other benefits of using the electronic system include the generation of assessment notices, payment reminders, and other taxpayers correspondence automatically, and the automation of tax account update and receipt generation.
Speaking during the programme, the President of CITN, Mr. M. A. Chidolue Dike, noted that “E-filing is a fundamental reform in taxation which will inevitably lead to better service delivery.”
He encouraged tax consultants to not get left behind and advised them to take advantage of the boundless opportunities which the online service offers.
The e-filing system, which is now operational in most cities nationwide, is a part of the end products of the Integrated Tax Administration System (ITAS) Project which the FIRS, with the support of President Goodluck Jonathan and the Federal Executive Council (FEC) embarked upon few years ago. READ MORE HERE
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