Federal Inland Revenue Service (F.I.R.S): Overview, function and salary structure

The Federal Inland Revenue Service started as part of a colonial tax organization under the name the Inland Revenue Department of Anglophone West Africa. The Federal Inland Revenue Service (FIRS) is the only government institution at the federal government level in Nigeria saddled with the aim of collating and collection of  FG Taxes across the country. Let’s check out the functions of the Federal Inland Revenue Service (FIRS).

Overview

The Nigerian Federal Inland Revenue Service was created in 1943, when it was carved out of the erstwhile Inland Revenue Department that covered what was then the Anglo-phone West Africa (including Ghana, Gambia, and Sierra Leone) during the colonial era. In 1958 the Board of Inland Revenue was established under the Income Tax Ordinance of 1958. After various transformations in 1961 and 1993, Federal Inland Revenue Service (FIRS) as the working arm of FBIR, secured its autonomy through the emergence of FIRS (Establishment) Act 13 of 2007. The commencement date of this Act was 16th April 2007. The Act is a compendium of establishment, powers, management, financial provisions, tax administration and other provisions guiding the administration of FIRS.

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Currently, FIRS is one of the Federal Ministries, Departments, and Agencies (MDAs) charged primarily with the responsibility of accessing, collecting and accounting for the various taxes to the federal government. In a Revenue Collection agency like the FIRS, quality service delivery is critical to success.
In our quest to deliver quality service to taxpayers and operate an efficient and transparent tax system that optimizes tax revenue collection for National Development as stipulated in our vision/mission statement, this charter has been published to set out the services provided by FIRS and the standards our esteemed clients (Taxpayers and other Stakeholders) should expect every time they deal with us.

Function

  • Giving taxpayers the moral and legal right to demand (thereby engendering) a culture of accountability.
  • Provide sustainable finance and funding for governance, public and social services, and economic development.
  • The FIRS performs the function of providing civic responsibility, patriotism by citizens and social responsibility by corporate citizens.
  • Bringing about the redistribution of wealth and bridging sharp disparities in living standards.
  • Serving as a gauge for measuring the level, growth, and health of economic units and economic activities.
  • Individuals and corporate organizations are conferred with definite benefits, rights, and privileges in the system based on their tax compliance status.

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Tax compliance enables law-abiding citizens to avoid the consequences, penalties, and sanctions of non-compliance.

Salary Structure

Information on how much the FIRS pays their staff monthly in Nigeria has been a bit tough to come by. However, it is established that The Federal Inland Revenue Service (FIRS) currently pays “Officer 1” N167,000 monthly.

Author: BF

light sleeper, heavy dreamer.

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