Personal Income Tax And Its Implications On Revenue Generation In Abia State
ABSTRACT
This study focuses on personal income tax and its
implications on revenue generation in Abia State. The major problem examine in
this re3e0r0h is the low payment of personal income tax and noncompliance with tax
policies of government. Data were collected from secondary sources using an
ox-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 of
total revenue generated. The finding of hypothesis two revealed that that
budgeted personal income tax revenue has a significant effect of total revenue
generated. It is recommended that Government should try and appoint capable and
worthy hands who can be 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 much as possible to be transparent with its dealings
especially, they should be able to account for every tax revenue collected.
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IROEGBU, T (2021). Personal Income Tax And Its Implications On Revenue Generation In Abia State. Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/personal-income-tax-and-its-implications-on-revenue-generation-in-abia-state-7-2
TOCHUKWU, IROEGBU. "Personal Income Tax And Its Implications On Revenue Generation In Abia State" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 22 Sep. 2021, https://repository.mouau.edu.ng/work/view/personal-income-tax-and-its-implications-on-revenue-generation-in-abia-state-7-2. Accessed 25 Nov. 2024.
TOCHUKWU, IROEGBU. "Personal Income Tax And Its Implications On Revenue Generation In Abia State". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 22 Sep. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/personal-income-tax-and-its-implications-on-revenue-generation-in-abia-state-7-2 >.
TOCHUKWU, IROEGBU. "Personal Income Tax And Its Implications On Revenue Generation In Abia State" Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/personal-income-tax-and-its-implications-on-revenue-generation-in-abia-state-7-2