THE EFFECT OF TAXATION ON MICRO-ENTERPRISES IN KURA LGA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
Micro-enterprises are critical to the economic development of many localities in Nigeria, particularly in regions such as Kura LGA. These small businesses play a vital role in providing employment, generating income, and fostering local economic growth. However, the impact of taxation on micro-enterprises is often a topic of debate. While taxes are crucial for the revenue generation of local governments, they can also impose financial burdens on small businesses that are still in the process of growth and stabilization. This study will examine the effect of taxation on the performance and sustainability of micro-enterprises in Kura LGA, focusing on how taxation influences business operations, profitability, and growth.
Statement of the Problem
In Kura LGA, micro-enterprises face several challenges, including limited access to capital, inadequate infrastructure, and high operating costs. The role of taxation in either alleviating or exacerbating these challenges remains unclear. Taxation can serve as a source of revenue for local governments but may also strain the financial stability of micro-enterprises if not properly structured. This study aims to investigate the effect of taxation on the performance of micro-enterprises in Kura LGA and understand the relationship between tax policies and business sustainability in the region.
Aim and Objectives of the Study
Aim: To assess the effect of taxation on the performance and sustainability of micro-enterprises in Kura LGA.
Objectives:
- To analyze how taxation affects the profitability of micro-enterprises in Kura LGA.
- To examine the challenges faced by micro-enterprises in Kura LGA regarding taxation.
- To explore potential tax policy reforms that could improve the sustainability of micro-enterprises in Kura LGA.
Research Questions
- How does taxation affect the profitability of micro-enterprises in Kura LGA?
- What challenges do micro-enterprises in Kura LGA face in complying with tax policies?
- What tax policy reforms can support the growth and sustainability of micro-enterprises in Kura LGA?
Research Hypothesis
- H₀: Taxation does not significantly affect the profitability of micro-enterprises in Kura LGA.
- H₀: The challenges faced by micro-enterprises in Kura LGA in relation to taxation are not significantly related to their business sustainability.
- H₀: Tax policy reforms will not significantly improve the sustainability of micro-enterprises in Kura LGA.
Significance of the Study
This study will provide valuable insights into the impact of taxation on micro-enterprises in Kura LGA. The findings will be important for local government authorities, policymakers, and business owners, helping them understand the challenges faced by small businesses and the potential for tax reforms to improve their sustainability and growth.
Scope and Limitation of the Study
The study will focus on micro-enterprises in Kura LGA, with a particular focus on the impact of taxation. Limitations may include the availability of data from micro-enterprise owners and their willingness to disclose financial information, as well as challenges related to sample size and geographic coverage.
Definition of Terms
- Micro-Enterprises: Small businesses that typically have fewer employees and limited capital, often operating within a specific local market.
- Taxation: The system of collecting taxes from individuals and businesses to fund government services and development programs.
- Profitability: The ability of a business to generate a profit relative to its expenses and revenue.
Related Project Materials
DETERMINANTS OF ICTs INFLUENCE ON LITERACY AND CULTURE: A CASE STUDY OF SECONDARY SCHOOLS IN YOLA, ADAMAWA STATE, NIGERIA
ABSTRACT
Integrating technology into the educational sector is progressively influenced by different multicultural settings across the wo...
THE IMPACT OF SALES FORECASTING ON BUSINESS PLANNING
THE IMPACT OF SALES FORECASTING ON BUSINESS PLANNING
This study examines the impact of...
Commercial Banks‟ Pricing of Loans, Assets Quality and Financial Intermediation in Nigeria
Abstract
Despite the interest rate liberalization policy that gave rise to commercial banks’ pricing of loans models which is expec...
IMPACT OF ADULT EDUCATION ON INTERGENERATIONAL LEARNING
Abstract: The topic of this research is the impact of adult education on intergenerational learning. The study aimed to explore how adult educ...
KNOWLEDGE, ATTITUDE AND PRACTICE (KAP) OF FOOD HYGIENE AMONG BUTCHERS IN NIGERIA
ABSTRACT
Most developing countries like Nigeria have a&n...
ANTICONVULSANT STUDIES ON METHANOL LEAF EXTRACT OF LAGGERAAURITA LINN.F.IN LABORATORY ANIMALS
ABSTRACT
LaggeraauritaLinn. belongs to the family of Asteraceae. It is an annual herb which is found growing as weeds in Nigeria and spre...
AN ASSESSMENT OF ACCOUNTING INFORMATION SYSTEM AND THE GROWTH OF SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA
Background of the study
Accounting is critical to the success or failure of modern commercial organizat...
FACTORS THAT REDUCE SAVINGS IN NIGERIA (1980-2010)
ABSTRACT
This study investigates the core leading factors that reduce savings in Nigeria between 1980 -2010 using ordinary Least Square (...
ATTITUDE OF TERTIARY STUDENTS IN ABIA STATE TOWARDS INSTAGRAM SELFIES
Background Of The Study
Social media currently seem to take the centre stage in the field of information and communicati...
BIOCALCIFICATION OF CONCRETE USING CARBONIC ANYHDRASE PRODUCED BY SOIL BACTERIAL ISOLATES
ABSTRACT
Two (2) bacterial isolates obtained from Garima construction sites were named GARIMA (A) and (B), and code-named GA (A) and GA (...
