Impact Of Personal Income Tax On Government Revenue Generation In Abia State. (A Case Study Of Board Of Internal Revenue Umuahia)
ABSTRACT
This study seeks to examine the
impact of personal income tax on government revenue generation in Abia State
taking the board of internal revenue Urnuahia as a study. Questions that arose
include to what extent does pay as you earn (PAYE) significantly affects
revenue generation in Abia State? To what extent does direct assessment tax
(DAT) significantly affect revenue generation in Abia state? From these, hypotheses
were drafted. To test the hypothesis, secondary data was used, this includes
the personal income tax statement from the office of the state Accountant
General. Simple regression statistical tool was used in analyzing the secondary
data acquired. From the analysis, it was found out that PAYE does not have a
significant effect on the revenue generation in Abia state. It was also
discovered that DAT does not have a significant effect on revenue generation in
Abia state. Based on the findings recommendations were made that government
should set up a framework to enable them solve the problem of tax evasion self
employed persons be encouraged to give accurate information regarding their tax
payment and better incentives should be given to the SBIR.
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ONYFOCHA, L (2021). Impact Of Personal Income Tax On Government Revenue Generation In Abia State. (A Case Study Of Board Of Internal Revenue Umuahia). Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-personal-income-tax-on-government-revenue-generation-in-abia-state-a-case-study-of-board-of-internal-revenue-umuahia-7-2
LISA, ONYFOCHA. "Impact Of Personal Income Tax On Government Revenue Generation In Abia State. (A Case Study Of Board Of Internal Revenue Umuahia)" Mouau.afribary.org. Mouau.afribary.org, 28 Jul. 2021, https://repository.mouau.edu.ng/work/view/impact-of-personal-income-tax-on-government-revenue-generation-in-abia-state-a-case-study-of-board-of-internal-revenue-umuahia-7-2. Accessed 02 Nov. 2024.
LISA, ONYFOCHA. "Impact Of Personal Income Tax On Government Revenue Generation In Abia State. (A Case Study Of Board Of Internal Revenue Umuahia)". Mouau.afribary.org, Mouau.afribary.org, 28 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-personal-income-tax-on-government-revenue-generation-in-abia-state-a-case-study-of-board-of-internal-revenue-umuahia-7-2 >.
LISA, ONYFOCHA. "Impact Of Personal Income Tax On Government Revenue Generation In Abia State. (A Case Study Of Board Of Internal Revenue Umuahia)" Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-personal-income-tax-on-government-revenue-generation-in-abia-state-a-case-study-of-board-of-internal-revenue-umuahia-7-2