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The Nigeria Revenue Service (NRS) is set to replace the TaxProMax platform with Rev360, effective 30 April 2026, marking...
30/04/2026

The Nigeria Revenue Service (NRS) is set to replace the TaxProMax platform with Rev360, effective 30 April 2026, marking a significant advancement in The Nigeria Revenue Service (NRS) is set to replace the TaxProMax platform with Rev360, effective 30 April 2026, marking a significant advancement in Nigeria’s digital tax administration framework. While TaxProMax, introduced in June 2021, automated key processes such as tax registration, filing, payments, and Tax Clearance Certificate (TCC) issuance, it was hindered by operational inefficiencies including system downtime, navigation complexity, and limited scalability.

Rev360 is positioned as an enhanced upgrade rather than a complete overhaul, with full data migration from TaxProMax. It is designed to deliver faster processing, improved usability, stronger system integration, and enhanced transparency in tax compliance. The platform will continue to serve as a comprehensive, end-to-end solution for core tax functions, including VAT and Companies Income Tax filings, withholding tax management, and TCC access.
Aligned with the NRS vision of “Tax Administration 3.0”, Rev360 introduces advanced capabilities such as real-time reporting, improved analytics, scalable infrastructure, and more effective taxpayer engagement. Notwithstanding these improvements, taxpayers should anticipate transitional challenges, including potential data reconciliation issues and initial system disruptions.

In preparation, taxpayers are advised to update their records on TaxProMax, download essential documents, and familiarise themselves with Rev360 ahead of the June filing deadline.
In essence, Rev360 represents a progressive shift towards a more efficient, transparent, and fully automated tax system in Nigeria. While the transition may require adjustment, it underscores the broader move towards a modernised and intelligence-driven tax administration environment.Nigeria’s digital tax administration framework. While TaxProMax, introduced in June 2021, automated key processes such as tax registration, filing, payments, and Tax Clearance Certificate (TCC) issuance, it was hindered by operational inefficiencies including system downtime, navigation complexity, and limited scalability.

Rev360 is positioned as an enhanced upgrade rather than a complete overhaul, with full data migration from TaxProMax. It is designed to deliver faster processing, improved usability, stronger system integration, and enhanced transparency in tax compliance. The platform will continue to serve as a comprehensive, end-to-end solution for core tax functions, including VAT and Companies Income Tax filings, withholding tax management, and TCC access.

Aligned with the NRS vision of “Tax Administration 3.0”, Rev360 introduces advanced capabilities such as real-time reporting, improved analytics, scalable infrastructure, and more effective taxpayer engagement. Notwithstanding these improvements, taxpayers should anticipate transitional challenges, including potential data reconciliation issues and initial system disruptions.

In preparation, taxpayers are advised to update their records on TaxProMax, download essential documents, and familiarise themselves with Rev360 ahead of the June filing deadline.
In essence, Rev360 represents a progressive shift towards a more efficient, transparent, and fully automated tax system in Nigeria. While the transition may require adjustment, it underscores the broader move towards a modernised and intelligence-driven tax administration environment.

We welcome you to a new dawn in revenue collection and administration. Welcome to the Nigerian Revenue Service.www.nrs.g...
01/01/2026

We welcome you to a new dawn in revenue collection and administration. Welcome to the Nigerian Revenue Service.
www.nrs.gov.ng

26/12/2025

📢 NEW TAX LAW IS COMING! 📢

⏳ COUNTDOWN TO JANUARY 1, 2026 HAS BEGUN ⏳

Change is in the air! 🌍 A new tax law takes effect on 1st January 2026, and it will shape how individuals, businesses, NGOs, and cooperatives plan, earn, report, and grow.

📅 T–??? Days to Go
Now is the time to prepare, not panic.

✅ Understand what’s changing
✅ Review your records and compliance status
✅ Adjust your financial and tax plans early
✅ Seek professional guidance where necessary

💡 Early awareness = smooth transition.
Those who plan ahead will comply with ease and avoid last-minute surprises.

🔔 Follow this page as we count down to 01/01/2026 with updates, tips, and simple explanations to help you stay compliant and confident.

📌 The future of taxation starts in:
⏰ January 1, 2026

Message accserv Professionals on whatsapp

12/09/2025
25/09/2024

*OVERVIEW OF THE ECONOMIC STABILISATION BILLS*

*Background*

The Economic Stabilisation Bills (ESB) which have been approved by the Federal Executive Council contain some recommendations of the Presidential Fiscal Policy and Tax Reforms Committee as part of the Accelerated Stability and Advancement Plan (ASAP) of the government.

The ESB seeks to amend about 15 different tax, fiscal, and establishment laws to facilitate economic stability and set the country on the path for sustained inclusive growth.

*Policy objectives*

The proposed changes are designed to achieve the following key objectives:

- Inflation reduction and price stability
- Complement monetary policy measures with appropriate fiscal interventions to strengthen the naira and sustain exchange rates convergence
- Promote fiscal discipline and consolidation
- Enhance job creation and poverty alleviation
- Export promotion and diversification

*Proposed changes*

The key changes to be made to the various laws include:

1. Amendments to the income tax laws to facilitate employment opportunities for Nigerians in Nigeria within the global value chain, including the digital economy.

2. Zero rated VAT and improved incentive regime to promote exports in goods, services, and intellectual property.

3. Amendments to facilitate investment in the gas sector and simplify the local content requirements to ensure competitiveness.

4. Reform of the foreign exchange regime to enhance the regulatory powers of the CBN, unlock more forex liquidity, strengthen the naira, and sustain rates convergence.

5. Tax reliefs for private sector employers in respect of wage awards and transport subsidies provided to their employees.

6. Tax relief to companies that generate incremental employment and retain such employees for a minimum of 3 years.

7. Fiscal discipline and enhancement of remittances from government agencies and corporations to the Consolidated Revenue Fund of the federal government.

8. Collaboration with states to suspend certain taxes on small businesses and vulnerable population such as road haulage levies and other charges on transportation of goods; business premises registration; animal trade and produce sales tax; bicycle, truck, canoe, wheelbarrow, and cart fees; shops, kiosks and market taxes and levies.

9. Introduction of “Tax Identification Consolidation and Collaboration (TICC)” initiative to expand the tax base, widen the tax net, and create a level playing field for businesses.

10. Provision of additional funding for the Students Loan Scheme.

*Next steps*

The bills are to be transmitted to the National Assembly for passage into law.

03/08/2023

We work together with investigative journalists around the globe to investigate the most important stories in the world.

31/07/2023

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