Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

FCT-IRS to deploy artificial intelligence in tax collection, says Ag Chairman

Credible News by Credible News
December 20, 2023
in Development, Economy, Legal, News
0
FCT-IRS to deploy artificial intelligence in tax collection, says Ag Chairman

fct-irs

0
SHARES
2
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Federal Capital Internal Revenue Service ,FCT-IRS, is to deploy artificial intelligence to facilitate voluntary tax compliance in 2024.

The acting Executive Chairman of the service, Mr Haruna Abdullahi, made this known during the FCT-IRS end-of-year media briefing, in Abuja on Wednesday.

Abdullahi added that other technology solutions to be deployed include cloud computing, collaboration tools, business process automation and data analytical tools.; the goal is to improve performance of routine tasks, aimed at encouraging voluntary compliance and ease of doing business.

He explained that from inception, the emphasis has been on driving the Service using technology, adding that the Service has invested in modern working tools such as hardware and software.

“The Service will further employ the use of technology to enhance operations mainly in compliance, enforcement.

“We will also seek to consolidate the culture of transparency and accountability in order to build trust and cooperation between the service and the taxpayers.

“The processes of registration, payment, receipt, assessment, Tax Clearance Certificate (TCC) issuance, filing of returns, TCC verification, and generation of withholding tax credit notes have all been automated.

“Also, to encourage voluntary compliance and to allow taxpayers perform their tax obligations at the comfort of their homes or offices, the FCT-IRS introduced a Self-Service portal, www.fctirs.gov.ng.

“This enables taxpayers to request for Taxpayer Identification Number (TIN), file annual returns, make payment and request for TCC,” he said.

The acting chairman added that the Service would, in accordance with the tax laws, apply a penalty for non-filing of annual returns by January 31 of every year for employers and March 31 of every year for individuals.

Abdullahi stated that part of the effort is to ensure compliance with filing of returns.

He added that a comprehensive reassessment of returns would be intensified, which would be followed by constant monitoring and compliance exercises.

He also said that to comply with the ease of doing business initiative, the Service would open more tax offices across the six Area Councils in FCT and at strategic locations.

This, he said, would ensure convenience of the taxpayers and further streamline services, making the tax offices accessible to a broader population and contributing to overall organisational growth.

“Additionally, a state of the art headquarters will be constructed, not only to provide for coordination of operations but also reflect our commitment to excellence.

“To attract and retain young talents, the Service will embark on providing targeted training programmes towards ensuring employees stay updated with industry trends.

“We will also be providing staff with modern working tools to foster efficiency and innovation,” he said.

Abdullahi disclosed that from January 2024, the Service would embark on intensive enforcement exercise in line with the provisions of extant laws.

He added that the Service would not only hesitate to prosecute tax offenders through the instrumentality of the law but would ensure that all tax due to FCT were recovered.

 

Crediblenews.ng

Tags: FCT-IRSMr Haruna Abdullahi
Previous Post

Tiwa Savage finally reveals the man with whom she shares her bed

Next Post

Niger SDP lawmaker defects to APC

Credible News

Credible News

Next Post
Apc

Niger SDP lawmaker defects to APC

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
In the dark: UCH’s mounting power crisis

Is UCH in darkness: Need for responsible journalism!

February 9, 2025
Tiktok

Court remands Tik Toker for posting President Tinubu’s obituary

July 25, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
FC Robo Queens win Lagos Federation Cup again

FC Robo Queens win Lagos Federation Cup again

May 3, 2026
Tinubu appoint Tunji Disu acting IGP

Police searching for more suspects in Effurun saga

May 3, 2026
Dickson welcomes Obi, Kwankwaso to NDC

Dickson welcomes Obi, Kwankwaso to NDC

May 3, 2026
Fuel Pump

Motorists seek intervention as fuel price fluctuates

May 3, 2026

Recent News

FC Robo Queens win Lagos Federation Cup again

FC Robo Queens win Lagos Federation Cup again

May 3, 2026
Tinubu appoint Tunji Disu acting IGP

Police searching for more suspects in Effurun saga

May 3, 2026
Dickson welcomes Obi, Kwankwaso to NDC

Dickson welcomes Obi, Kwankwaso to NDC

May 3, 2026
Fuel Pump

Motorists seek intervention as fuel price fluctuates

May 3, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

FC Robo Queens win Lagos Federation Cup again

FC Robo Queens win Lagos Federation Cup again

May 3, 2026
Tinubu appoint Tunji Disu acting IGP

Police searching for more suspects in Effurun saga

May 3, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.