By InvestAdvocate

Lagos (INVESTADVOCATE) – Enterprise Bank Limited (EBL) has partnered Federal Inland Revenue Services (FIRS) in the collection of taxes for the Agency.

This was contained in a Statement Monday by Mrs. F.N. Okoroafor, Head, Tax Revenue Accounting Department and dated November 21, 2011; but made available to www.investadvocateng.com by Sola Longe=Okenimpke, Head, Corporate Communications of the Enterprise Bank.

“In a show of confidence in the new Enterprise Bank Limited (EBL), the Federal Inland Revenue Services (FIRS) has appointed the bank as a collector for the Federal Inland Revenue Services (FIRS)” the Statement said.

“We wish to inform you that after carefully examining your application, the management of FIRS has appointed Enterprise Bank Limited (EBL) to the tax collection scheme with immediate effect” the Statement said.

According to the Statement, with this development, all branches of Enterprise Bank nationwide will henceforth collect revenues on behalf of FIRS. These include capital gains tax, company income tax, education tax, FIRS PAYE, personal income tax, pre-occupational levy, stamp duties, value added tax, withholding tax and the National Information Technology Development Agency Levy (NITDA).

The statement further stated that Enterprise Bank, which came into existence as a new bank on August 5, 2011 received the approval after thorough evaluation of the capabilities of the Bank by the management of FIRS.

In the same vein, a Statement from the Bank, said its robust collection system has again been strengthened to ensure seamless transactions for its customers who can henceforth walk into any of the Bank’s branches across the country to settle any of the listed FIRS bills, “the Bank is happy at the level of trust the federal agency reposes in Enterprise Bank Limited” the Statement affirmed.

“Other taxes and bills in addition to the Power Holding Company of Nigeria (PHCN) payable to in our branches include all state and local government revenues, which include Pay As You Earn (PAYE), Direct Assessment, Withholding Tax (WHT), Federal Road Safety Corp (FRSC) new plate number, water rates, water bills among several others.

Through the bank’s internet channels, customers can also pay for their DSTV, HiTV among others” the Bank said.