FIRS, Interswitch Highlight Benefits of Digital Tax Remittance

FIRS, Interswitch Highlight Benefits of Digital Tax Remittance

The Federal Inland Revenue Service (FIRS), in collaboration with Interswitch, an integrated payments and digital commerce company has hosted a sensitisation program on ease of tax remittance in Lagos.

Themed, ‘Sustainable Tax Management: Exploring Digital Remittance’ the session held on November 24 had in attendance stakeholders in the tax ecosystem, including tax managers, accountants, tax auditors, tax consultants, bankers, business owners and general public

To increase awareness of the benefits of adopting the digital tax remittance system, FIRS introduced the taxpayers’ sensitization programme. The activities for the programme included demo and enquiry sessions on the Tax-Pro Max e-filing platform launched by the Government tax management agency to address the complications experienced by taxpayers using the previous collection system.

Interswitch, as a key technology partner to the FIRS, also showcased its Paydirect solution as a simple and reliable payment option on the FIRS Tax Administration Platform (TaxPro-Max).

READ MORE: Financial Inclusion: Global Experts, Stakeholders Proffer Solutions at Int’l Conference

The Paydirect solution, which is integrated with the FIRS’ TaxPro Max system, adds to the seamlessness in the filing and remittance of taxes, boosting the efficiency of the collection system and facilitating compliance.

Speaking at the event, Group Head, Government, Interswitch, Osasere Atohengbe, argued that the rise of technology-led processes has led to the improvement of service delivery.

He assured that Interswitch, as a technology-driven and user-focused company, will continue to work with the collection agency to ensure that taxpayers have access to easy tax filing and payment systems, while also boosting government revenue and national development.

Atohengbe added, “Not only is it important to pay taxes to improve infrastructural development, but the system of tax payment also needs to be addressed to ensure that its collection is sustainable, seamless, transparent and effective.

READ MORE: Interswitch Gets Best Practices Award, Ranks Top-5 in ‘Best Companies to Work For’ List

“To do this, taxpayers need to be in the loop, and we at Interswitch will continue our work with the FIRS to provide the necessary infrastructure that promotes the adoption of digital tax payments among taxpayers.”

Remarking on the sensitization of the critical mass on the need for the uptake of digital remittance in the country, the Assistant Director, Taxpayer Service Department, Manasseh Otega, noted that there was significant growth in the number of taxpayers as it continues in its awareness drive.

Recently, Interswitch and FIRS concluded a sensitization program held in the Federal Capital Territory (FCT), extending its message across the country, in a bid to improve the taxpayers’ experience, widen the tax net and simplify tax remittance.