FIRS Directs Banks to Shut Down Unauthorized Tax Collection Accounts

The Federal Inland Revenue Service (FIRS) has instructed banks to close all unauthorized tax collection accounts that are not registered under its TaxPro Max platform.

In a public notice signed by FIRS Chairman Zacch Adedeji, the agency emphasized the need to improve transparency and efficiency in tax collection. The directive mandates that all tax-related transactions be processed exclusively through the TaxPro Max platform, ensuring streamlined taxpayer registration, tax return filings, payment processing, and issuance of tax clearance certificates.

This directive aligns with the government’s broader digitalization strategy to modernize tax administration and eliminate unapproved revenue collection channels. The FIRS aims to achieve a revenue target of N25.2 trillion in 2025, following a record-breaking N21 trillion collection in 2024.

Banks that fail to comply with this directive may face penalties and exclusion from future tax collection operations. Taxpayers are urged to use only authorized payment channels to avoid complications.

The FIRS encourages stakeholders to reach out to its Revenue Accounting and Refund Department for further details on the transition.