VALUE ADDED TAX: AN IMPORTANT SOURCE OF REVENUE TO THE GOVERNMENT IN NIGERIA
ABSTRACT
The research work is carried out specifically to appreciate value Added Tax as an important source of revenue to the government in Nigeria and its importance to the development of business organisation. The research work analyse the purpose, problems, significance and also the questions relating to the importance of value Added Tax as a source of revenue to the government in Nigeria. In view of this, the research work is discussed under five chapters. Chapter one, focuses on the general introduction of the topic under view, stating the questions and hypothesis. Chapter two deals with the review of the related literature, philosophy and the history of VAT in Nigeria, along with some specific government responsibilities, and also general appraisal of VAT administration in Nigeria, scope, nature and operational character. Chapter three is about research methodology, to see the important of Value Added Tax as a source of revenue to the government in Nigeria, the research design is used, data collection instrument and sampling techniques. Chapter four deals with classification of responses, the information gathered from questionnaires and how such information are tested using hypothesis. Chapter five focused on the summary of findings, conclusion, scope and limitations and finally recommendations.
TABLE OF CONTENTS
Title Page i
Certification ii
Dedication iii
Acknowledgements iv
Abstract v
Table of Contents vi
Chapter One: Introduction
1. Background to the Study 1
2. Statement of Problem 6
3. Research Questions 11
4. Objective of the Study 12
5. Statement of Hypothesis(es) 12
6. Significance of the Study 14
7. Scope of the Study 16
8. Limitations of the Study 16
9. Definition of Terms 17
Chapter Two: Review of Related Literature
2.1 Introduction 19
2.2 Concept of Personal Income Tax Compliance 20
2.2.1 Factors that may Aect
Personal Income Tax Compliance in Nigeria 27
2.3 Tax Audit and Personal Income Tax Compliance 35
2.4 Tax Rate and Personal Income Tax Compliance 39
2.5 Taxpayers’ Perception of Government and Personal Income Tax Compliance 41
2.6 Taxpayers’ Income and Personal Income Tax Compliance 44
2.7 Taxpayers’ Gender and Personal Income Tax Compliance 45
2.8 Taxpayers’ Attitude to the Tax System and Personal Income Tax Compliance 47
2.9 Theoretical Framework 49
2.9.1 Economic Deterrence Theory 50
2.9.2 Fiscal Exchange Theory 51
2.9.3 Social and Psychological Theory 52
2.10 Further Review of Empirical Studies 55
Chapter Three: Research Method and Design
1. Introduction 75
2. Research Design 75
3. Description of Population of the Study 76
4. Sample Size 76
5. Sampling Techniques 77
6. Sources of Data Collection 78
7. Method of Data Presentation 79
8. Method of Data Analysis 79
Chapter Four: Data Presentation, Analysis and Interpretation
4.1 Introduction 83
4.2 Data Presentation 83
4.3 Data Analysis 88
Chapter Five: Summary of Findings, Conclusion and Recommendations
5.1 Introduction 97
5.2 Summary of Findings 97
5.3 Conclusion 98
5.4 Recommendations 98
References 100
