THE IMPACT OF REVENUE AND COST RELATIONSHIP OF TAX COLLECTION IN NIGERIA

ABSTRACT

This study examined “The impact of revenue and cost relationship of tax collection in Nigeria” a case study of Ekiti State Government.  Tax is not a friend of anyone, yet it must be loved by everyone, this ageless paradox has originated from time immemorial. The pathetic attitudes of human beings towards payment of tax remain progressively the same from one century to the other, from one generation to the other. Taxes being the most important source of government revenue.

The study examined the impact of personal income tax to the government and the economy; and examined the personal income tax assessment and collection system of the state tax monitoring agent, using Lagos State as a case study.

The study used both descriptive and inferential statistics. Simple percentage was used as descriptive statistics while ANOVA was used as the inferential statistics. As result of utmost good research, it was discovered that both individuals and organization evade tax occasioned by appealing, frauds of different shapes and magnitude have challenged both these primary and secondary objectives of tax national and international scenes out of which Nigeria cannot be exempted.

          The study concluded that personal income tax should be strategies and good policies be put in place so as to ensure growth in the Lagos State economy. The study recommended that the tax authority should employ all other government department, agencies and ministries for the supply of adequate information as regard tax and more awareness and education should be given to individuals, corporations on tax benefit.

 

 

 

 

 

TABLE OF CONTENTS

CHAPTER ONE: INTRODUCTION                                                      

1.1     Background of the study                                                                  

1.2     Statement of the Problem                                                                 

1.3     Research Question                                                                             

1.4     Objective of the Study                                                            

1.5     Research Hypothesis                                                              

1.6     Significance of the Study                                                                  

1.7     Scope and limitation of the Study                                           

1.8     Definition of the Terms                                                                    

          References                                                                               

CHAPTER TWO: LITERATURE REVIEW

2.1     Theoretical Framework                                                           

2.2     Conceptual Framework                                                         

2.3     Tax Collection Agents                                                            

2.4     Method of Tax Collection                                                      

2.5     Self Assessment and Provisional Tax                                              

2.6     Various Ways Through Which Government Enforce

          Collection of Tax Promptly                                                    

2.7     Empirical Framework                                                            

          Reference                                                                                

CHAPTER THREE: RESEARCH METHODOLOGY

3.1     Introduction                                                                                              

3.2     Population of the Study                                                         

3.3     Research Design                                                                     

3.4     Sample Size and Sampling Techniques                                  

3.5     Sources of Data                                                                      

3.6     Methods of Gathering Data                                                    

3.7     Methods of Analysing Data                                                   

CHAPTER FOUR: DATA PRESENTAION AND INTERPRETATION

4.1     Data Presentation and Analysis                                                       

4.2     Analysis of Questionnaire Administered                                

4.3     Data Presentation, Analysis and Interpretation                    

4.4     Sample Size and Sample Techniques                                               

4.5     Test of Hypotheses                                                                

4.6     Discussion of the Findings                                                     

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS

5.1            Summary of the Findings                                                

5.2            Conclusion                                                                      

5.3            Recommendations                                                           

                 Bibliography                                                                           

          Appendix