• Latest
  • Trending
NIN, CAC numbers to serve as tax IDs from 2026 — FIRS

NIN, CAC numbers to serve as tax IDs from 2026 — FIRS

December 23, 2025
Sanwo Olu signs ₦4.4 trillion Lagos 2026 budget into law

Sanwo Olu signs ₦4.4 trillion Lagos 2026 budget into law

January 20, 2026
Alleged terror financing: DSS detains ex-AGF Malami

Alleged terror financing: DSS detains ex-AGF Malami

January 20, 2026
Makoko demolition aimed at averting tragedy, says Sanwo-Olu

Makoko demolition aimed at averting tragedy, says Sanwo-Olu

January 19, 2026
Tanker Crash: NOA DG Urges National Assembly to Criminalise Fuel Scooping

Tanker Crash: NOA DG Urges National Assembly to Criminalise Fuel Scooping

January 19, 2026
Senator Adeola Felicitates Sanwo-Olu at 60, Commends His Impact on Lagos

Sanwo-Olu signs N4.4 trillion 2026 Lagos budget into law

January 19, 2026
LP, Ogun govt trade words over alleged sale of housing estates

LP, Ogun govt trade words over alleged sale of housing estates

January 19, 2026
Oyo Assembly Plans Law to Stop Extortion by House Agents

Oyo Assembly Plans Law to Stop Extortion by House Agents

January 19, 2026
SERAP Urges Tinubu to Stop Wike from Shutting 34 Embassies Over Unpaid Rents

Tinubu Saving Nigeria from Collapse, APC Chieftain Says

January 19, 2026
Ex-Police Spokesman, Muyiwa Adejobi, Warns Against Drug Abuse

Ex-Police Spokesman, Muyiwa Adejobi, Warns Against Drug Abuse

January 19, 2026
Customs foil wildlife trafficking, rescue four live pangolins in Ogun

Customs foil wildlife trafficking, rescue four live pangolins in Ogun

January 19, 2026
Ogun Assembly Reschedules Budget Performance Review to July 28

Ogun Assembly Seeks Federal, Military Intervention Over Apunren Ijebu Land Dispute

January 19, 2026
Lucia Onabanjo, Wife of Ogun’s First Civilian Governor, Dies at 100

Ogun Assembly Mourns Ex First Lady Lucia Onabanjo, to Meet Education Authorities Tuesday

January 19, 2026
Tropic Reporters
Tuesday, January 20, 2026
About Us
Advertise
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Culture
  • Health
  • Opinion
  • Special Reports
  • Entertainment
  • Lifestyle
No Result
View All Result
Tropic Reporters
No Result
View All Result

NIN, CAC numbers to serve as tax IDs from 2026 — FIRS

by Tropic Reporters
December 23, 2025
in News
0
NIN, CAC numbers to serve as tax IDs from 2026 — FIRS
0
SHARES
26
VIEWS
Share on WhatsappShare on FacebookShare on Twitter

Loading

The Federal Inland Revenue Service has clarified that the National Identification Number (NIN) issued by the National Identity Management Commission will automatically serve as the Tax Identification Number (TIN) for individual Nigerians starting from 2026.

In a public awareness campaign shared on X, the FIRS explained that registered businesses will no longer need a separate Tax ID, as their Corporate Affairs Commission (CAC) registration number will now function as the official tax identifier under the new tax system.

RELATED NEWS

Sanwo Olu signs ₦4.4 trillion Lagos 2026 budget into law

Alleged terror financing: DSS detains ex-AGF Malami

Makoko demolition aimed at averting tragedy, says Sanwo-Olu

Tanker Crash: NOA DG Urges National Assembly to Criminalise Fuel Scooping

Sanwo-Olu signs N4.4 trillion 2026 Lagos budget into law

The move comes amid public concerns over provisions in the new tax laws that make a TIN mandatory for certain transactions, including owning bank accounts.

The FIRS noted that the requirement is not entirely new, having been part of the Finance Act of 2019, but is now reinforced under the Nigeria Tax Administration Act (NTAA), which takes effect in January 2026.

“The Tax ID unifies all Tax Identification Numbers previously issued by the FIRS and State Internal Revenue Services into a single identifier. For individuals, your NIN automatically serves as your Tax ID, while for registered companies, your CAC RC number is used.”

“You do not need a physical card, as the Tax ID is a unique number linked directly to your identity,” the Service said.

According to the FIRS, the new system is designed to simplify identification, reduce duplication, close loopholes for tax evasion, and ensure fairness by making sure everyone earning taxable income contributes appropriately.

The Service urged Nigerians to disregard misinformation surrounding the reform and assured that the new framework aims to improve efficiency and transparency in tax administration.

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, had earlier stated that banks will be required to request a TIN from all taxable Nigerians as part of the federal government’s new tax administration framework starting January 1, 2026.

SendShareTweet

Related Posts

Sanwo Olu signs ₦4.4 trillion Lagos 2026 budget into law
News

Sanwo Olu signs ₦4.4 trillion Lagos 2026 budget into law

January 20, 2026
Alleged terror financing: DSS detains ex-AGF Malami
News

Alleged terror financing: DSS detains ex-AGF Malami

January 20, 2026
Makoko demolition aimed at averting tragedy, says Sanwo-Olu
News

Makoko demolition aimed at averting tragedy, says Sanwo-Olu

January 19, 2026
Tanker Crash: NOA DG Urges National Assembly to Criminalise Fuel Scooping
News

Tanker Crash: NOA DG Urges National Assembly to Criminalise Fuel Scooping

January 19, 2026
Senator Adeola Felicitates Sanwo-Olu at 60, Commends His Impact on Lagos
News

Sanwo-Olu signs N4.4 trillion 2026 Lagos budget into law

January 19, 2026
LP, Ogun govt trade words over alleged sale of housing estates
News

LP, Ogun govt trade words over alleged sale of housing estates

January 19, 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Sanwo Olu signs ₦4.4 trillion Lagos 2026 budget into law

Sanwo Olu signs ₦4.4 trillion Lagos 2026 budget into law

January 20, 2026
Alleged terror financing: DSS detains ex-AGF Malami

Alleged terror financing: DSS detains ex-AGF Malami

January 20, 2026
Makoko demolition aimed at averting tragedy, says Sanwo-Olu

Makoko demolition aimed at averting tragedy, says Sanwo-Olu

January 19, 2026
Tropic Reporters

Copyright Notice
All content on Tropic Reporters is protected by copyright laws and belongs exclusively to us. Unauthorized use, reproduction, or distribution is prohibited.

You may access and share content for personal, non-commercial purposes with proper attribution. For permissions or collaborations, contact us via our official channels.

Recent News

  • Sanwo Olu signs ₦4.4 trillion Lagos 2026 budget into law
  • Alleged terror financing: DSS detains ex-AGF Malami
  • Makoko demolition aimed at averting tragedy, says Sanwo-Olu

Subscribe to Tropic Reporters News

Stay informed with Tropic Reporters, your trusted source for breaking news, exclusive stories, and in-depth reports on national and international issues.

  • Home
  • About Us
  • Contact Us
  • Privacy Policy

© 2025 Tropic Reporters. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Culture
  • Health
  • Opinion
  • Special Reports
  • Entertainment
  • Lifestyle

© 2025 Tropic Reporters. All Rights Reserved.