EFFECTS OF MULTIPLE TAXATION ON THE PERFORMANCE OF SMALL AND MEDIUM SCALE BUSINESS ENTERPRISE
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
Abstract
This study is on the effects of multiple taxation on the performance of small and medium scale enterprises (SMEs). Over the years, small and medium scale enterprises (SMEs) have been an avenue of job creation and the empowerment of Nigerian citizens, providing about 50% of all jobs in Nigeria and also for local capital formation. However, the mortality rate of these small firms is very high. Among the factors responsible for these untimely close-ups are tax related issues, ranging from multiple taxation to enormous tax burdens. The study therefore examines the effect of multiple taxation on SMEs survival. The study involves a survey research design with a population of 91. The researchers derived their sample size to arrive at 74 and a selfadministered questionnaire was used to collect data. This data was quantitatively analyzed with simple percentages and the research hypotheses were tested with ANOVA. Findings revealed that multiple taxation has negative effect on SMEs’ survival and the relationship between SMEs’ size and its ability to pay taxes is significant. The research therefore, recommends that government should come up with uniform tax policies that will favour the development of SMEs in Nigeria and government should put into consideration the size of SMEs when formulating tax policies.
Related Project Materials
The Impact of Rural Development Policies on Political Stability: A Study of Gboko LGA, Benue State
Chapter One: Introduction
1.1 Background of the Study
Rural development policies have long been a central component of politica...
The Effect of Government Expenditure on Stock Market Trends and Economic Growth in Nigeria
Background of the Study
Government expenditure is a critical lever in shaping both financial market dynamics and broader ec...
DESIGN AND IMPLEMENTATION OF ELECTRONIC TUTORS FOR STUDENTS IN HIGHER INSTITUTIONS IN NIGERIA
Objectives of the Study
The main aim of this report is to design and implement an electronic tutoring system for h...
A STUDY ON DEVELOPMENT OF VOCATIONAL EDUCATION PROGRAMS FOR CAREERS IN GREEN CHEMISTRY
ABSTRACT: Developing vocational education programs for careers in green chemistry is crucial for promoting sustainable industrial practices an...
The Role of Artificial Intelligence in Optimizing Poverty Alleviation Programs: A Case Study of NGO Activities in Bauchi State
1.1 Background of the Study
Poverty alleviation programs in Bauchi State are essential for improving livelihoods and addressing socio-eco...
An examination of internal audit practices in business banking: A case study of Heritage Bank, Kano
Background of the Study
Internal audit practices are essential for ensuring transparency, risk management, and regulatory c...
The Impact of Nurses' Role in Palliative Care on the Quality of Life of Terminally Ill Cardiac Patients in Taraba State
Background of the Study
Palliative care focuses on improving the quality of life of patients with lif...
An appraisal of policy-driven language revitalization programs among Tiv speakers in Benue
Background of the Study
Language revitalization programs play a crucial role in preserving indigenous tongues in the face...
An Investigation of Constitutional Law and Its Effect on Urban Planning: A Study of Maiduguri Metropolitan Local Government Area, Borno State
Chapter One: Introduction
1.1 Background of the Study
Urban planning plays a crucial role in ens...
The Effect of Procurement Strategies on Cost Control in Nigerian Stock Exchange, Zamfara State
Background of the Study
Procurement strategies are integral to ensuring the efficient acquisition of goods and services within any organi...
