0704-883-0675     |      dataprojectng@gmail.com

VALUE ADDED TAX IN NIGERIA: CHALLENGES AND ECONOMIC IMPLICATION

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 5000

ABSTRACT

The study is to determine the role of the impact of value added tax (VAT) on Nigeria growth and development.  The objective of the same are in suitable the effective of VAT as a suitable alternative to sales tax in Nigeria; to identify the methods of collecting value added tax and to identify possible lapses and loopholes in VAT and its application in Nigeria.

The study employs primary and secondary sources of data. The primary source of data was employed to elicit information from the respondent on the concept considered. Based on this information source, survey analysis of inferential methodology using chi-square analysis was adopted as a method of hypotheses testing.

From the analysis of the study, it was found out that value added tax contributes to the growth of Nigerian economy, that value added tax is a good source of revenue generation to the Nigerian economy and that there is proper and adequate accounting records as far as VAT is concerned. The study suggested that monthly and quarterly publication of VAT collections and disbursement in a least one or two national dailies as this will serve as a watchdog and promote accountability which will consequently prevent diversion of public funds.  Also the computerization of all level and department of tax must be highly favoured.

 




FIND OTHER RELATED TOPICS


Related Project Materials

IMPACT OF SALES PROMOTION ON CONSUMER BRAND LOYALTY

ABSTRACT:- This study is a research of the impact of sales promotion on consumer brand loyalty a study of co...

Read more
GENDER INFLUENCE ON THE ACADEMIC PERFORMANCE OF STUDENTS’ IN ACCOUNTING AT THE SENIOR SECONDARY SCHOOL LEVEL

INTRODUCTION

The world has become a vastly complicated place. Scientific discovery, business development, technological...

Read more
The Impact of Hospital Environment on Cancer Patients' Stress Levels at Jos University Teaching Hospital, Plateau State

Background of the Study

The hospital environment plays a critical role in the overall experience of cancer patients undergoing treatment....

Read more
An Appraisal of Confidentiality Practices in Emergency Nursing at Adamawa State Specialist Hospital

Background of the Study

Confidentiality is a fundamental ethical and legal principle...

Read more
The Impact of Urban Renewal Projects on Informal Settlements in Gombe State

Background of the Study
Urban renewal refers to the redevelopment and revitalization of deteriorated or underdeveloped urba...

Read more
Exploring the Role of Television in Shaping Gender Perceptions Among Adolescents in Gummi Local Government Area, Zamfara State

Chapter One: Introduction

1.1 Background of the Study...

Read more
INTERNAL AUDITING AS AN INSTRUMENT FOR EFFECTIVE MANAGEMENT AND ACCOUNTABILITY OF FINANCIAL RESOURCES IN THE PUBLIC SECTOR

ABSTRACT

This study was carried out  to Internal auditing as an instrument for effective m...

Read more
DESIGN AND IMPLEMENTATION ONLINE SMS EXAMINATION TIMETABLE ALERT SYSTEM

ABSTRACT

This project designs and implements an algorithm which creates a semester course timetable by assigning time-sl...

Read more
The impact of hands-on laboratory practice on nursing students’ understanding of human anatomy in Babcock University, Ogun State

Background of the Study
Understanding human anatomy is a foundational component of nursing education, as it provides students with critical...

Read more
The Impact of Public Relations on Water Resource Management: A Case Study of Yola North LGA, Adamawa State

Chapter One: Introduction

1.1 Background of the Study

Share this page with your friends




whatsapp