The Federal Inland Revenue Service has announced its plan to collect and remit Value Added Tax (VAT) from traders, especially those in the informal sector.
This will be achieved in partnership with the Market Traders Association of Nigeria using a unified systems technology, the FIRS said in a statement on Monday.
The Federal Inland Revenue Service (FIRS) is the agency of the Federal Government of Nigeria responsible for assessing, collecting, and accounting for tax and other revenues accruable to the Federal Government and the Federation.
