AN EXAMINATION OF THE PROBLEMS OF PERSONAL INCOME TAX MANAGEMENT IN ENUGU STATE


AN EXAMINATION OF THE PROBLEMS OF PERSONAL INCOME TAX MANAGEMENT IN ENUGU STATE

Type: Project Materials | Format: Ms Word | Attribute: Documentation Only | Pages: 56 Pages | Chapters: 1-5 chapters | Price: ₦ 3,000.00

2,106 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com

TABLE OF CONTENTS

 

Title page

 

Approval page

 

Dedication

 

Acknowledgement

 

Abstract

 

Table of contents

 

CHAPTER ONE

 

1.1            General introduction

 

1.2            Purpose of the study’

 

1.3            Significance of the study

 

1.4            Objective of the study

 

1.5            Scope and limitation of study

 

1.6            Definition of terms

 

CHAPTER TWO

 

2.1            Definition of tax

 

2.2            Classification of tax

 

2.3            Tax administration in Nigeria

 

2.4            Merits and demerits

 

2.5            Problems of income tax managements

 

CHAPTER THREE

 

3.1            Summary of finding

 

3.2            Conclusion

 

3.3            Recommendation

 

Bibliography

 

ABSTRACT

 

Since the down of human civilization, every organized which has society used a forms of taxation or another. Which is determined by the limitation imposed by the physical and social environment in which the taxation system is implemented.

Facts tell us that no form of taxation involved since human history is without it’s short comings. A taxation Administration  may seen good and efficient within a particular society for a period of time but may not be suitable as the structure of the society changes with time. Hence every tax administration needs continual re-examination or revision in order to accommodate the changes in the society. This is with a view to removing those factors which are likely to cause problems in the taxation administration.

My strongest conviction is that the Enugu environment must be put under investigation and study so that a sound taxation administration could be evolved which would take into recognizance. The  limitations imposed by the Enugu environment. This would ensure that a taxation administration is developed which would at least reduce the problems associated with it.

 

 

 

CHAPTER ONE

 

1.1     GENERAL INTRODUCTION

It has been known to every body in the  state, the period of economics boom  of gigantic proportion which was properly nick named as the oil-boom and therefore, a call for the need of increase drive for revenue generation, which has become inevitable now must state has generally intensity their various states in order to supplement  whatever they are able to grab  from the federal government and their own allocation known as share of national cake. This argumentation of federal revenue  allocation by the imposition of taxes on the individuals companies and commodities, if efficiency managed are carried out if will help the state government to remove the shareholder of economic  recessive bondage  which is the main problem disturbing the increased standard of living of individuals anywhere in the world.

Therefore it is the main objective of the study to take critical examination and evaluation of the taxation as a share of revenue for government of Enugu State, and after the analysis the research is declared to find the prevailing problems and therefore a well planned recommendation for the reformation of taxation system is formulated. This term paper is focused it self to the need for increased drive for revenue in the state and problems militating against such optional revenue generation.

 

1.2     PURPOSE OF THE STUDY

To check adverse balance of payment, this could be gained by raising tax at all levels higher than is necessary to cover government expenditure, thereby achieving surplus. When operated as PAYE it yield goods amount of revenue to the government because of low cost. To prevent home industry by imposing discriminatory  tariffs, provide incentives for industry and investment e.g tax grant or allowance for research work by the government and investments.

 

To adjust trade imbalance e.g imposition of prohibitive import duties.

 

1.3     SIGNIFICANCE OF THE STUDY

It is an all pervading subject which effects the lives of nearly every body and no major accounting problem can be satisfactorily problem can be satisfactorily solved without a consideration of its tax aspects.

This is the major sources of revenue for all government  in Nigeria which the officer suppose to come back to the payers in the form of social amenities.

 

1.4     OBJECTIVES OF THE STUDY

Objective of study are as vic;

 

1.                 To adjust trade imbalance e,g imposition of prohibitive impost duties.

 

2.                 To provide free social services like health and education

 

 

 

3.                 To encourage savings and regular expenditure e.g tax on luxuries

 

4.                 To protect home industry by imposing discriminatory tariffs.

 

5.                 To provide incentives for industry and investment e.g tax grant or

 

allowance for research work by the government and investments

 

allowance for prospective investors.

 

6.                 To achieve desirable social end e.g discourage excessive smoking or

 

drinking.

 

7.                 To reduce inequality of incomes, progressive income tax had been

 

imposed by many governments.

 

8.                 To check adverse  balance of payment. This could be achieved by raising

 

tax at all level higher, than is necessary to cover government expenditure thereby achieving budget surpl.

 

9.                 The spirit of civic responsibility amongst the tax payers is heightened by

 

the impositions and payment of direct taxes. Mostly the PAYE. The tax

 

payer exercises the pride of contributing to the  welfare of the

 

community.

 

10.            When operated as PAYE, it yields good amount of revenue to the

 

government because of the very low cost.

 

1.5     SCOPE AND LIMITATION OF STUDY

Limitation is the ability for instance to pay income tax depends not only on the amount of his income but also on his other personal circumstances. The present system of income tax usually regarded as unified tax is progressive in that the rate at which income tax in charged increased as an individuals income increases as a first step it is necessary to compute the gross amount of his or her income from all sources for the appropriate year of assessment measured in accordance with the provision of the tax acts and to deduct certain amount including personal allowances.

AN EXAMINATION OF THE PROBLEMS OF PERSONAL INCOME TAX MANAGEMENT IN ENUGU STATE

Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@allprojectmaterials.com with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.
Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.
We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.
Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.
Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

Project Information

  • CATEGORY : ACCOUNTING
  • TYPE : PROJECT MATERIAL
  • FORMAT : MICROSOFT WORD
  • ATTRIBUTE : Documentation Only
  • PAGES : 56 Pages
  • CHAPTERS : 1 - 5
  • PRICE : ₦ 3,000.00

Share Links

Download Post
Download Post

Search for Project Topics

Recent Topics

Do you need a writer for your academic work?

A Review on an examination of the problems of personal income tax management in enugu state, examination, problems, personal project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
Since the down of human civilization, every organized which has society used a forms of taxation or another. Which is determined by the limitation imposed by the physical and social environment in which the taxation system is implemented. Facts tell us that no form of taxation involved since human history is without it’s short comings. A taxation Administration may seen good and efficient within a particular society for a period of time but may not be suitable as the structure of the society changes with time. Hence every tax administration needs continual re-examination or revision in order to accommodate the changes in the society. This is with a view to removing those factors which are likely to cause problems in the taxation administration. My strongest conviction is that the Enugu environment must be put under investigation and study so that a sound taxation administration could be evolved which would take into recognizance. The limitations imposed by the Enugu environment. This would ensure that a taxation administration is developed which would at least reduce the problems associated with it... accounting project topics

AN EXAMINATION OF THE PROBLEMS OF PERSONAL INCOME TAX MANAGEMENT IN ENUGU STATE