Summary:
- The Federal Inland Revenue Service (FIRS) in Nigeria has launched a new online portal for Value-Added Tax (VAT) registration and filing.
- The portal aims to make the VAT process more efficient and convenient for businesses by allowing them to register, file, and pay their VAT electronically.
- The new system is expected to improve tax compliance and revenue collection for the Nigerian government, as it provides a more streamlined and transparent process for VAT management.