ABSTRACT
This study focuses on the impact of personal income tax on
capital development in Abia state. Data were collected from secondary sources
using an ex-post facto research design. The data collected were then tabulated
and analyzed using the simple regression analysis. The result of hypothesis one
revealed that actual personal income , tax revenue has a significant effect on
total revenue generated. The finding of hypothesis two revealed that that
budgeted personal income tax revenue has a significant effect on total revenue
generated. It is recommended that Government should try and appoint capable and
worthy hands who can able to manage and curb the high level of fraud
encountered in collecting tax. Additionally, Government should set out a staff
rules against corrupt practices which is rampant with its officials. Finally,
Government should try as much as possible to be transparent with its dealings.
Especially, they should be able to account for every tax revenue collected.
OKORIE, N (2021). Impact Of Personal Income Tax On Capital Development In Abia State. Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-personal-income-tax-on-capital-development-in-abia-state-7-2
NANCY, OKORIE. "Impact Of Personal Income Tax On Capital Development In Abia State" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 29 Nov. 2021, https://repository.mouau.edu.ng/work/view/impact-of-personal-income-tax-on-capital-development-in-abia-state-7-2. Accessed 24 Nov. 2024.
NANCY, OKORIE. "Impact Of Personal Income Tax On Capital Development In Abia State". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 29 Nov. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-personal-income-tax-on-capital-development-in-abia-state-7-2 >.
NANCY, OKORIE. "Impact Of Personal Income Tax On Capital Development In Abia State" Repository.mouau.edu.ng (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-personal-income-tax-on-capital-development-in-abia-state-7-2