Taxation of Informal Enterprises and Compliance in Gombi LGA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
Informal enterprises form a substantial part of the economy in Gombi LGA, providing employment and supporting livelihoods. However, ensuring tax compliance among these enterprises remains a significant challenge. Informal enterprises often operate outside the formal regulatory framework, making it difficult for tax authorities to enforce compliance.
Taxation of informal enterprises in Gombi LGA is critical for enhancing local revenue generation and reducing dependence on external funding. However, low levels of awareness, mistrust in government, and inefficiencies in tax administration have led to high levels of non-compliance. This study explores the taxation of informal enterprises in Gombi LGA, focusing on compliance issues and potential solutions.
Statement of the Problem
Low compliance among informal enterprises in Gombi LGA reduces the effectiveness of tax collection and limits revenue generation. Challenges such as poor enforcement, lack of awareness, and resistance to taxation exacerbate the problem. This study examines the relationship between taxation and compliance among informal enterprises in Gombi LGA.
Aim and Objectives of the Study
-
To analyze the taxation of informal enterprises in Gombi LGA.
-
To examine factors affecting compliance among informal enterprises in Gombi LGA.
-
To recommend strategies for improving compliance among informal enterprises in Gombi LGA.
Research Questions
-
How are informal enterprises taxed in Gombi LGA?
-
What factors affect compliance among informal enterprises in Gombi LGA?
-
What strategies can improve compliance among informal enterprises in Gombi LGA?
Research Hypotheses
-
Taxation of informal enterprises in Gombi LGA is not effectively implemented.
-
Factors affecting compliance do not significantly impact tax collection.
-
Proposed strategies do not significantly improve compliance among informal enterprises.
Significance of the Study
This study provides valuable insights into the taxation of informal enterprises in Gombi LGA, offering recommendations to enhance compliance and revenue generation.
Scope and Limitation of the Study
The study focuses on informal enterprises in Gombi LGA, examining their taxation and compliance. Limitations include access to reliable data and the variability of informal sector operations.
Definition of Terms
-
Informal Enterprises: Small-scale businesses operating without formal registration.
-
Compliance: Adherence to tax regulations by taxpayers.
-
Taxation: Imposition of levies by the government on businesses or individuals.
Related Project Materials
DEVELOPMENT OF A MOTIVATIONAL MODEL OF REGRESSIONFOR IMPROVED PRODUCTIVITY OF SELECTED BUILDING TRADESMEN IN THE SOUTH-EASTERN STATES OF NIGERIA
Statement of the Problem
Most widely used management style in the construction industry has involved management by threat. Construction w...
EFFECT OF CORONA VIRUS ON GLOBAL ECONOMY
BACKGROUND OF THE STUDY
At present the new name of fear is Coronavirus disease (COVID-19). This is not only killing the...
THE EFFECTS OF WORKING CAPITAL MANAGEMENT ON THE PROFITABILITY OF MANUFACTURING COMPANY
ABSTRACT
The study investigated the Effects of Working Capital Management on the profitability of manufacturing Company,...
THE ECONOMIC PROBLEMS OF CASSAVA PRODUCTION
Background of the study
This study is aimed at finding out the cost of economic cultivation of cassava in Itu Loc...
GASTRO-INTESTINAL MUCOSAL PROTECTIVE PROPERTIES AND TOXICITY STUDIES ON THE METHANOL ROOT EXTRACT OF WALTHERIA INDICA LINN. (STERCULIACEAE) IN LABORATORY ANIMALS
ABSTRACT
Many countries worldwide including Nigeria use different parts of Waltheria indica (leaves, stem-barks, roots and whole plants)...
INFLUENCE OF CELEBRITIES’ DRESSING STYLES ON STUDENTS’ CHOICE OF CLOTHING AND SOCIALIZATION IN TERTIARY INSTITUTIONS
ABSTRACT
This study was carried out to investigate the influence of Celebrities’ Dressing Styles on Students’ Choice of Cloth...
THE INFLUENCE OF LEADERSHIP STYLES ON ORGANIZATIONAL LEARNING
THE INFLUENCE OF LEADERSHIP STYLES ON ORGANIZATIONAL LEARNING
This research investigat...
INFLUENCE OF PARENTS OCCUPATION AND EDUCATIONAL STATUS ON SENIOR SECONDARY SCHOOL STUDENT'S CHOICE OF CAREER IN DELTA CENTRAL SENATORIAL DISTRICT, DELTA STATE
Background To The Study
In this period of high unemployment, selecting the proper career path can pave the road for futu...
The Effect of IFRS on Financial Reporting in Nigeria’s Entertainment Industry
Background of the Study
The entertainment industry in Nigeria, including film production, music, and digital media, is one of the fastest...
ASSESSMENT OF THE PROJECT FAILURE IN PUBLIC AND PRIVATE PROJECTS
EXCERPT FROM THE STUDY
Construction projects in developing countries such as Nigeria requires much labour. Governments and Private organi...
