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Tax Payers Responsibilities
Collect Annual returns forms from the Board for distribution to its employees
Collect Tax tables and operational guidelines for computation and deduction of taxes.
Deduct taxes correctly and remit to the Board as and when due
Ensure that the Annual Tax returns forms are properly and correctly completed by employees
Issue tax receipt (Rev. 15) to employees at the end of the year
Allow officials of the Board to conduct Tax Audit and other Investigations when the need arises
Issue transfer certificate to employee leaving the organization
Complete the employers annual returns form (Rev. 9) and submit to the Board every January
Notify the Board of the commencement of the P.A.Y.E scheme and
Notify the Board of the closure or temporary suspension of operation.
The tax collected by the board of internal revenue are:
Pay As You Earn
Director Assessment
Withholding Taxes
Stamp Duties
Motor Vehicle Registration
Driver License (ENDL)
Motor Vehicle license
Motor Vehicle Registration Booklets
Sales of Local Identity
Reflective Jackets
Proof of Ownership
Stickers
Learner Permit
New number plates
Capital Gains Tax
Offences and Penalties for Non-Compliance
 Failure to furnish returns, N200 plus N40,000 for everyday statement or Information, or during which the failure continues keep requested records s.86 (1)
 Failure to register for P.A.Y.E with N1,000 for the first month and the relevant Tax Authority N1,000 for each subsequent month and S.80 (5) and the premises shall be liable to be sealed up.
 Failure to deduct to remit within N5,000 plus the Tax deducted or 30days from the date of deductible and interest at prevailing deduction, the time the duty to commercial rate deduct arose S (73)
 Submission of false statement N5,000 or imprisonment for 5 years and returns (S 88) or both
 A tax officer who defrauds, embezzles, withholds tax N1,000 or imprisonment for 3 years collected renders false returns of amounts of tax collected or collects tax when not authorized (S 89 (a) & (b)
Benefits Derivable from Tax Payment
Effective Provision of Infrastructural Facilities i.e.:
Good road networks
Efficient health care services
Functional delivery of educational services
Effective communication facilities
Provision of water for domestic and irrigation
 Security of Lives and Property
 Issuance of tax clearance certification for processing of private and public transaction
