EFFECTIVENESS AND EFFICIENCY OF PERSONAL INCOME TAX COLLECTION IN UYO LOCAL GOVERNMENT AREA
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EFFECTIVENESS AND EFFICIENCY OF PERSONAL INCOME TAX COLLECTION IN UYO LOCAL GOVERNMENT AREA
PROJECT TOPICS AND MATERIALS ON EFFECTIVENESS AND EFFICIENCY OF PERSONAL INCOME TAX COLLECTION IN UYO LOCAL GOVERNMENT AREA
ABSTRACT
Tax collection has remained an issue of great concern to past and
present governments of Nigeria. The credit crunch that hit most
developed countries in the year 2008 has reduced donor support to most
developing countries. As a result, there is a great dependence on
internally generated tax revenue for development. It is therefore
important that the Revenue Collecting Agencies be efficient and
effective in carrying out their duties to raise the much needed
Government Revenue. This study examined the reasons for the low level of
tax collection as well as the challenges facing the Akwa Ibom State
internal Revenue Board in its quest to meet its revenue collection
targets.Questionnaires were administered to two hundred (200) taxpaying
public and seven (7) tax experts. The study found that tax compliance is
low in the Uyo. Low tax education, inadequate resources and low staff
motivation were identified as key reasons for the low compliance. Also,
tax efficiency and effectiveness has not been attained.
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Tax collection has remained an issue of great concern to past and present governments of Nigeria. The credit crunch that hit most developed countries in the year 2008 has reduced donor support to most developing countries. As a result, there is a great dependence on internally generated tax revenue for development. It is therefore important that the Revenue Collecting Agencies be efficient and effective in carrying out their duties to raise the much needed Government Revenue. This study examined the reasons for the low level of tax collection as well as the challenges facing the Akwa Ibom State internal Revenue Board in its quest to meet its revenue collection targets... accounting project topics
EFFECTIVENESS AND EFFICIENCY OF PERSONAL INCOME TAX COLLECTION IN UYO LOCAL GOVERNMENT AREA