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F I R S T T H I N G S F I R S T The Director s Perspective Sanjay SABENA National Drinking Water Clearinghouse director Greetings and welcome to the first issue of On Tap, the magazine! Most of you
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F I R S stands for Federal Inland Revenue Service, which is the tax authority in Nigeria.
All individuals and companies with taxable income in Nigeria are required to file F I R S.
To fill out F I R S, you need to complete the relevant tax forms provided by the Federal Inland Revenue Service, including details of your income, deductions, and taxes paid.
The purpose of F I R S is to collect and administer taxes in Nigeria, ensuring compliance with tax laws and regulations.
On F I R S, you must report details of your income, deductions, taxes paid, and other relevant financial information.
The deadline to file F I R S in 2023 will be determined by the Federal Inland Revenue Service and announced separately.
The penalty for the late filing of F I R S is determined by the Federal Inland Revenue Service and may include fines and interest on the outstanding tax amount.
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