TIN ( Taxpayer Identification Number) is a unique eight-digit number used to identify an individual, business, or other entity in tax returns and other documents filed with the Tax Authority.
The Federal Inland Revenue Services (FIRS) and the Joint Tax Board(JTB) are.responsible for issuing the TIN
The FIRS is also responsible for assessing, collecting, and accounting for the money collected in taxes to the Nigerian government.
The first reason you need to get a TIN is because it is required by law.
All Nigerian individuals and companies that sell products or services are required by law to have a Taxpayer Identification Number (TIN). Same for persons that work for the government, other public entities, private companies, or freelance systems are required by law to have a TIN.
Other reasons why you need a TIN are that they are requirements for:
After obtaining your TIN , it is important to verify the authenticity in the issued number.
You can verify your TIN using any of the following parameters:
1. Tax Identification Number (TIN)
2. CAC Registration Number
3. Phone Number.
To verify your Tin, follow these easy steps:
a) log onto the FIRS verification portal here:
b) Click on the ‘Select Search Criteria’ box
c) Select your preferred search criteria on the dropdown list ( i.e Tax Identification number, CAC registration number, or phone number.
d) check the correct reCAPTCHA image boxes
e) click on the search button
If you do not have a TIN yet, you can apply on the JTB (Joint Tax Board) website here
Click on “Registration for TIN” (individual) or (non individual if registration is for an organization).
You will need your NIN or BVN (Bank Verification Number). for individual registration or Business name and registration number for organizations .
You can also visit the nearest Federal Inland Revenue Service (FIRS) office with;
Having a TIN is a necessity for every Nigerian citizen and also as organizations operating within the country.
The TIN empowers financial inclusion, business formalisation and operational efficiency.
Dangote Refinery and PETROAN Enter discussion towards lowering fuel prices Nigerians can expect lower and…
Canada blocks Elon Musk's Starlink deal in response to US tariffs pushback Ontario, Canada’s most…
Elon Musk debuts modest family house of $50k even to the surprise of many Elon…
CBN has approved the release of the Nigerian Foreign Exchange (FX) Code The Central Bank…
BRICS Admits Nigeria into Alliance of Emerging Economies BRICS has accepted Nigeria as a partner…
Nigerian Tax Bill 2024, another landmark experiment at Tax Reform Prior to Nigerian Tax Bill…