Effect Of Government Incentives On The Performance Of Selected Small And Medium Scale Enterprises In Ikwuano, Abia State, Nigeria
ABSTRACT
The study examined the effect of Government incentives on the performance of selected small and medium scale enterprises in Ikwuano, Abia state, Nigeria. The objectives were to identify and analyze the various government incentives available to small and medium scale enterprises in the study area, to ascertain the effect of tax reduction on the profitability of small and medium scale enterprise in study area and to ascertain the effectof multiple taxation on the profitability of small and medium scale enterprise in the study area. Primary data were sourced from questionnaires that were given to owners of small and medium scale enterprise. The data were analyzed using simple and multiple regressions. The result revealed that tax reduction, grants, training of owners of SMEs have positive and significant effect on profitability of small and medium scale enterprise, tax reduction has positive and significant effect on profitability of small and medium scale enterprise and multiple taxation has negative and significant effect on profitability of small and medium scale enterprise. It was recommended that owners of small and medium scale enterprises in Ikwuano, Ahia state, Nigeria should engage the government in active dialogue to identify the negative effects of multiple taxation on the profit of small and medium scale enterprise and the need for them to reduced difference taxes charges by Governments
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UWAOMA, L (2021). Effect Of Government Incentives On The Performance Of Selected Small And Medium Scale Enterprises In Ikwuano, Abia State, Nigeria. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-government-incentives-on-the-performance-of-selected-small-and-medium-scale-enterprises-in-ikwuano-abia-state-nigeria-7-2
LOVETH, UWAOMA. "Effect Of Government Incentives On The Performance Of Selected Small And Medium Scale Enterprises In Ikwuano, Abia State, Nigeria" Mouau.afribary.org. Mouau.afribary.org, 02 Jun. 2021, https://repository.mouau.edu.ng/work/view/effect-of-government-incentives-on-the-performance-of-selected-small-and-medium-scale-enterprises-in-ikwuano-abia-state-nigeria-7-2. Accessed 31 Oct. 2024.
LOVETH, UWAOMA. "Effect Of Government Incentives On The Performance Of Selected Small And Medium Scale Enterprises In Ikwuano, Abia State, Nigeria". Mouau.afribary.org, Mouau.afribary.org, 02 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-government-incentives-on-the-performance-of-selected-small-and-medium-scale-enterprises-in-ikwuano-abia-state-nigeria-7-2 >.
LOVETH, UWAOMA. "Effect Of Government Incentives On The Performance Of Selected Small And Medium Scale Enterprises In Ikwuano, Abia State, Nigeria" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-government-incentives-on-the-performance-of-selected-small-and-medium-scale-enterprises-in-ikwuano-abia-state-nigeria-7-2