The Federal Inland Revenue Service (FIRS) has extended the VAT filing deadline for March 2023 VAT returns to April 30, 2023, due to concerns from taxpayers about recent updates to the TaxPro-Max platform. The extension allows taxpayers to complete the newly-introduced input VAT claim process. Taxpayers must complete the filing of their March 2023 VAT returns, including making all necessary input VAT claims, and settle the resulting tax liabilities by the extended deadline to avoid penalties and interest. The FIRS should proactively engage with stakeholders to ensure any modifications to the TaxPro-Max platform are relevant and in alignment with the law. Taxpayers experiencing difficulties should contact their local tax offices for assistance.
Source Mondaq
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