Close Menu
The North JournalsThe North Journals

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Ghanaian Man Threatens UK-Based Brother After Former Wife Revealed Bisexual Affairs

    July 6, 2026

    As AI reshapes the world, Ghana’s language scholars ask: who will preserve the stories machines cannot tell?

    July 3, 2026

    SHILLA GANGSTERISM: Adamawa Police Arrest 57 Suspects in Jimeta, Girei and Yola Town

    June 23, 2026
    Facebook X (Twitter) Instagram YouTube
    • ABOUT US
    • WORK WITH US
    • CONTACT US
    Thursday, July 16
    Facebook X (Twitter) Instagram
    Subscribe
    The North JournalsThe North Journals
    • Home
    • Newsbeat
      • Agriculture
      • Art/Life
      • Business
      • Economy
      • Education
      • Entertainment
      • Health
      • Judiciary
      • News
      • Technology
      • Travel
      • Foreign
    • Editorial
    • Opinion
      • Diaries
    • Travelogue
    • Journals
      • Engineering
      • History
      • Law
      • Medicine
      • Politics
      • Research
      • Science
      • Climate Change
      • Psychology
      • Sociology
    • Documentaries
    • Guest Post
    The North JournalsThe North Journals
    Home » NIN Now Serves as Tax ID for Individuals, FIRS Clarifies
    Economy

    NIN Now Serves as Tax ID for Individuals, FIRS Clarifies

    CAC registration numbers to function as Tax IDs for businesses under new tax laws
    Atoyebi AdenikeBy Atoyebi AdenikeDecember 23, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    CAC registration numbers to function as Tax IDs for businesses under new tax laws
    CAC registration numbers to function as Tax IDs for businesses under new tax laws
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Atoyebi Nike


    The Federal Inland Revenue Service has announced that the National Identification Number issued by the National Identity Management Commission will now automatically serve as the Tax Identification Number for individual Nigerians.

    The clarification was made in a public awareness campaign on the new tax laws posted by the FIRS on its official X handle on Monday. The Service also stated that for registered businesses, the Registration Certificate number issued by the Corporate Affairs Commission will function as their Tax ID under the new tax system.

    The announcement follows growing public concerns over provisions in the tax laws requiring a Tax ID for certain transactions, including bank account ownership.

    According to the FIRS, the Nigeria Tax Administration Act, scheduled to take effect from January 2026, mandates the use of a Tax ID for specific transactions. However, the agency stressed that the requirement is not new, noting that similar provisions have existed since the Finance Act of 2019 but have now been strengthened.

    The Service explained that the new Tax ID system unifies all previously issued Tax Identification Numbers by the FIRS and state internal revenue services into a single identifier linked directly to an individual’s or company’s identity.

    Under the framework, individuals will use their NIN as their Tax ID, while registered companies will use their CAC RC numbers, with no need for a separate physical card.

    The FIRS said the reform is aimed at simplifying identification, reducing duplication, closing loopholes for tax evasion and promoting fairness in the tax system by ensuring that all eligible earners contribute appropriately.

    See also  Naira Posts Strongest Monthly Close of 2025, Ends October at N1,427.5 per Dollar

    FIRS Nigeria tax laws NIN Tax ID tax reform
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Atoyebi Adenike
    • Website

    Related Posts

    Tomato Imports Signal Regional Complementarity, Not Local Shortage — CCCFS

    February 26, 2026

    How N71 Billion Procurement Fraud Allegedly Led to Aba–Itu 132kV Transmission Line Collapse

    January 23, 2026

    INVESTIGATION: Kaduna Lithium Mine Sparks War Between Nigeria and UK

    January 19, 2026

    Comments are closed.

    Our Picks
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss

    Ghanaian Man Threatens UK-Based Brother After Former Wife Revealed Bisexual Affairs

    Diaries July 6, 2026

    A bitter  family rift has burst into public view after Nsia Ibrahim, a 42-year-old Mechanic…

    As AI reshapes the world, Ghana’s language scholars ask: who will preserve the stories machines cannot tell?

    July 3, 2026

    SHILLA GANGSTERISM: Adamawa Police Arrest 57 Suspects in Jimeta, Girei and Yola Town

    June 23, 2026

    ADC Youth Wing Fires Back At Babachir Lawal, Calls Him A “Dismissed Grass-Cutter” In Scathing Rejoinder

    June 2, 2026

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The North Journals is a hybrid publication that combines the power of investigative journalism with the depth of research-driven analysis. Rooted in Nigeria and inspired by Pan-African realities, we tell stories that matter — stories of people, communities, and issues often left out of mainstream narratives.
    Address: Abuja, Nigeria
    Email Us: info@thenorthjournals.com

    Our Picks
    New Comments
    • Theophilus Thomas on A School-Based Book Club Model Is Rebuilding Reading Habits Among Students in Zaria
    • Sani Tijjani Ibrahim on Book Review: Abandoned
    • Home
    • Travel
    • Politics
    • Business
    • Buy Now
    © 2026 The North Journals. Designed by AkinMore.

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.