Enterprise Bank to collect tax for FIRS

The Federal Inland Revenue has appointed Enterprise Bank Limited as a collector of tax payments.A statement signed by the bank quoted FIRS as saying, We wish to inform you that after carefully examining your application, the management of FIRS has appointed Enterprise Bank Limited to the tax collection scheme with immediate effect.With this development, all branches of Enterprise Bank nationwide will now collect revenues on behalf of FIRS. These include capital gains tax, company income tax, education tax, FIRS PAYE, personal income tax, pre-occupational levy, stamp duties, value added tax, withholding tax and the National Information Technology Development Agency Levy.The statement further stated that Enterprise Bank, which came into existence as a new bank on August 5, 2011,received the approval after thorough evaluation of the capabilities of the bank by the management of FIRS.It also said, The banks robust collection system has again been strengthened to ensure seamless transactions for its customers who can henceforth walk into any of the banks branches across the country to settle any of the listed FIRS bills.We are happy at the level of trust the federal agency reposes in Enterprise Bank Limited.Other taxes and bills in addition to the Power Holding Company of Nigeria payable in Enterprise branches, according to the statement, are all state and local government revenues, which include Pay As You Earn , Direct Assessment, Withholding Tax, Federal Road Safety Corps new number plate, water rates and water bills.
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