PERSONAL INCOME TAX MANAGEMENT IN NIGERIA: PROBLEMS AND PROSPECTS (A CASE STUDY OF AKWA IBOM STATE INTERNAL REVENUE SERVICE 2009 – 2018)

ATTENTION:

BEFORE YOU READ THE ABSTRACT OR CHAPTER ONE OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!

INFORMATION:

YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08068231953, 08168759420

WHATSAPP US ON  08137701720

PERSONAL INCOME TAX MANAGEMENT IN NIGERIA: PROBLEMS AND PROSPECTS (A CASE STUDY OF AKWA IBOM STATE INTERNAL REVENUE SERVICE 2009 – 2018)

ABSTRACT

The study was on “personal income tax management in Nigeria: problems and prospects (A Case Study of Akwa Ibom State Internal Revenue Service).” The major objective of this study is to examine whether or not there is a significant effect on personal income tax management on the Nigerian tax system in terms of estimated expenditure and taxes actually collected of the Akwa Ibom State Internal Revenue Service under Review. Primary and secondary method of data collection was used in gathering relevant data for this research work. The primary data adopted was questionnaire and interviews while the secondary data was, the textbooks and periodic publication from the Akwa Ibom State Internal Revenue Service Uyo from 2005 – 2014. The secondary data was in respect of dependent and independent variables the judgmental sampling was drawn from the non-probability sampling technique and was used in carrying out this research work. The researcher adopted the longitudinal trend analysis and expo facto. The statistical data used was pearson product moment correlation co-efficient; the method was adopted in order to test the hypothesis. H0 was adopted which states that personal income tax management does not have any significant effect on the Nigerian tax system in terms of estimated expenditure and taxes actually collected of Akwa Ibom State Internal Revenue Service for the period of 2009 – 2018. A total of 25 questionnaires was administered out of which 20 was fully completed and returned.  Finings reveal that personal income tax management does not have any significant effect on the Nigerian tax system in terms of estimated expenditure and taxes actually collected. Conclusion was drawn on the finding that personal income tax impact significantly on the growth and development of the economy.

TABLE OF CONTENTS

Title Page

Certification        –       –       –       –       –       –       –       –       ii

Dedication –       –       –       –       –       –       –       –       –       iii

Acknowledgement      –       –       –       –       –       –       –       iv

Abstract     –       –       –       –       –       –       –       –       –       vi

Table of Contents –     –       –       –       –       –       –       –       vii-x

List of Tables      –       –       –       –       –       –       –       –       xi

CHAPTER ONE

1.0   INTRODUCTION

Background of the Study     –       –       –       –       –       1-2

Statement of the Problem    –       –       –       –       –       3

Objective of the Study                 –       –       –       –       –       3-4

Statement of Hypothesis      –       –       –       –       –       4

Research Questions            –       –       –       –       –       4-5

Significance of the Study     –       –       –       –       –       5-6

Scope/Limitations of the Study     –       –       –       –       6-7

Organization of the Study            –       –       –       –       7-8

Definition of Terms             –       –       –       –       –       8-9

End Notes

CHAPTER TWO

2.0   REVIEW OF RELATED LITERATURE

2.1    Introduction       –       –       –       –       –       –       –       10

2.2    Concept and Meaning of Personal Income Tax       –       11-12

2.3    Importance of Taxation in Nigeria         –       –       –       –       12-13

2.4    Current Taxation Reforms in Nigeria      –       –       –       13-14

2.5    The current Personal Income Tax Rate  –       –       –       15

2.6    Tax Clearance Certificate      –       –       –       –       –       15-16

2.7    Taxpayers Identification Number (TIN)          –       –       –       16

2.8    E-Tax Payment   –       –       –       –       –       –       –       16-17

2.8.1 Conditions to be met by Taxpayers before using

E-Taxpayer Platform   –       –       –       –       –       –       17

2.8.2 Steps to take to make Payment through E-Tax

payment Platform       –       –       –       –       –       –       17-18

2.8.3 Documentation required when the Taxpayer

wants to Paytax  –       –       –       –       –       –       –       18

2.8.4 Benefit of using E-Tax payment    –       –       –       –       18

2.9    Types of Taxes Payable in Nigeria        –       –       –       19-22

2.10  Features of the Nigerian Tax System     –       –       –       22-24

2.11  Organizational structure of State Internal     

Revenue Service –       –       –       –       –       –       –       25

2.11.1 The Head, District and Sub-District Offices   –       –       25-26

2.12  Taxes Collected by State Internal Revenue Service –               26-27

2.13  Approved Taxes levies and administration of Personal   

Income Tax to the Federal, State and Local Government-        28

2.13.1 Part 1: Taxes to be collected by the Federal Government       -28

2.13.2 Approved Taxes to the State      –       –       –       –       29

2.13.3 Taxes and Levies to be collected by Local Government -30-31

2.14  Management of Taxation in Nigeria       –       –       –       31-35

2.15  problems and Prospects of personal Income Tax    –               35-39

        End Notes

CHAPTER THREE

3.0    RESEARCH METHODOLOGY

3.1    Introduction –     –       –       –       –       –       –       –       41

3.1.1 Restatement of Hypothesis –       –       –       –       –       41

3.1.2 Research Questions    –       –       –       –       –       –       42

3.2    Design of the Study    –       –       –       –       –       –       42-43

3.3    Area of the Study       –       –       –       –       –       –       43

3.4    Population of the Study       –       –       –       –       –       43

3.5    Sample and Sampling Technique  –       –       –       –       44

3.6    Instrument/Methods for Data Collection –       –       –       44

3.7    Data Analysis Technique      –       –       –       –       –       44-45

CHAPTER FOUR

4.0    DATA PRESENTATION, ANALYSIS AND INTERPRETATION

4.1    Introduction       –       –       –       –       –       –       –       46

4.2    Data Presentation, Analysis and Interpretations-    –       46-57      

CHAPTER FIVE

5.0    FINDINGS, CONCLUSION AND RECOMMENDATIONS

5.1    Findings    –       –       –       –       –       –       –       –       58

5.2    Conclusion         –       –       –       –       –       –       –       –       59

5.3    Recommendations      –       –       –       –       –       –       59-60

REFERENCES

APPENDIX(CES)

HOW TO RECEIVE PROJECT MATERIAL(S)

After paying the appropriate amount (#5,000) into our bank Account below, send the following information to

08068231953 or 08168759420

(1)    Your project topics

(2)     Email Address

(3)     Payment Name

(4)    Teller Number

We will send your material(s) after we receive bank alert

BANK ACCOUNTS

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 0046579864

Bank: GTBank.

OR

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 3139283609

Bank: FIRST BANK

FOR MORE INFORMATION, CALL:

08068231953 or 08168759420

AFFILIATE LINKS:

myeasyproject.com.ng

easyprojectmaterials.com

easyprojectmaterials.net.ng

easyprojectsmaterials.net.ng

easyprojectsmaterial.net.ng

easyprojectmaterial.net.ng

projectmaterials.com.ng

googleprojectsng.blogspot.com

myprojectsng.blogspot.com.ng

https://projectmaterialsng.blogspot.com.ng/
https://foreasyprojectmaterials.blogspot.com.ng/
https://mypostumes.blogspot.com.ng/
https://myeasymaterials.blogspot.com.ng/
https://eazyprojectsmaterial.blogspot.com.ng/
https://easzprojectmaterial.blogspot.com.ng/

Leave a Reply

Your email address will not be published. Required fields are marked *