FIRS Appoints Xpress Payments as Tax Collection Agent for Improved Revenue Tracking
The Federal Inland Revenue Service (FIRS) has designated Xpress Payments Solutions Limited as a Tax Collection Agent for the Treasury Single Account (TSA) framework. Taxpayers can now use Xpress Payments to remit various taxes to the federal government, including Company Income Tax, Value Added Tax, and more.
This move aims to enhance digital tax administration and improve revenue tracking in real-time. Wale Olayisade, the Managing Director of Xpress Payments, confirmed the appointment and highlighted the company's readiness to support federal tax collection efforts.
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