Abstract Tax non-compliance reduces tax collection and the tax performance within a country. The Kenyan government has implemented various strategies to bring businesses in the informal sector into the tax bracket. However, available data shows that tax collections from the informal sector are above average but on a declining trend. The purpose of this paper is to determine influence of tax rates on tax compliance in the informal sector in Nyeri town. The study adopted a cross-sectional surv...
Abstract The study examined the effects of tax reforms on tax buoyancy and elasticity estimates. The specific objectives of the study were; to determine the effect of tax modernization programme and revenue administration reforms and modernization programme on tax buoyancy and tax elasticity. The study employed regression analysis and used annual time series data for the period 1963 to 2010. Secondary data from Kenya National Bureau of Statistics, Kenya Revenue Authority, Central Bank of Ken...
Abstract This study sought to find out the influence of tax planning on financial performance of the manufacturing firms listed on the Nairobi Securities Exchange during the period 2010-2017.The study adopted a positivism research philosophy and an explanatory research design. SPSS version 23 was used to analyze data where both descriptive and inferential statistics was done. Multiple linear regression model was adopted to study the association between the variables while utilizing panel dat...
Abstract: The current study sought to establish the effect of capital gains tax on performance of real estate businesses in Mavoko Municipality, Machakos County. Capital gains tax was first introduced in Kenya in the year 1975 but suspended later in 1985 with an objective of spurring investment in real estate as well as in the securities market. The real estate property market has been booming since its suspension in 1985. However, after nearly 30 years of suspension by the Kenyan Parliament...
Abstract This study seek to find out factors affecting tax compliance behavior among SMEs in Kano Metropolis. The study adopts survey research design to source and analyze data. Simple random sample was used as the sampling technique for this study. Questionnaires were designed and distributed to the sampled SMEs within Kano metropolis. The population of the study comprises 520 registered SMEs within Kano Metropolis, out of which 500 SMES were selected as sample. Data collected were an...
The study investigated the relationship between electronic tax system and revenue generation in Nigeria with special concern to the moderating effect of Taxpro-Max solution on the relationship between the predictor and the criterion variables. The researcher developed seven (7) specific research objectives, seven (7) research questions, and seven (7) research hypotheses that guided the study. This work was basically anchored on the digital economy taxation theory,tax compliance theory to prov...
CHAPTER ONE: INTRODUCTION 1.1 BACKGROUND OF THE STUDY Interest is the reward that accrues to people who provide the fund with which capital goods are bought (Soyibo and Adekanye, 1992). Interest can also be defined as the payment made to a lender by a borrower for the use of a sum of money for certain period of time. The charging of interest on loan was initially abolished during medieval days, both was later legalized by King Henry VIII in 1545 when he abolished the usury laws in it was cond...
The study “examined the factors that influence tax compliance behavior of SMEs in the Accra Metropolis. The study employed the descriptive survey design underpinned by a quantitative approach to research. The main instrument for data collection was the questionnaire which was administered to a sample of 150 owner-managers of SMEs in the Accra Metropolis who were selected using the convenience sampling technique. The results of the study were analyzed using percentages and mean scores. The s...
CHAPTER ONE INTRODUCTION 1.1 INTRODUCTION Revenue Generation simply means raising funds in the most economic and suitable manner. The history of revenue generation in Nigeria is traceable to the eighteen century before the coming of the British, when the Fulani Empire was in place, when the emirates were divided into districts and villages and when the hakim's districts heads were made tax collectors. Hakims is were to collect different types of taxes such a Jangali...
ABSTRACT While recent studies indicate a high diversity of lichens in the tropical regions of the world equaling or even surpassing that of temperate areas, studies of lichens in these regions remain rare and Kenya is no exception. The aim of this study was to enhance our knowledge of lichen diversity in Mt. Kenya forest. Diversity, composition and altitudinal distribution of corticolous lichens was evaluated in Chogoria a wet forest type and Sirimon a dry upland forest. At every 200m elevat...
This study is to investigate the effect of Tax Evasion and Tax Avoidance on internally revenue in Oyo State. The desire to uplift one’s society should be the desire of every patriotic citizen (Allingham and Sandom 1972). Tax payment is a demonstration of such desire. Tax is a financial issue and its payment is a civil duty. It is the imposition of a financial burden for the government on individual firm and companies. In general based, the word tax means any contribution imposed by the gov...
A tax computation is a statement showing the tax adjustments to the accounting profit to arrive at the income that is chargeable to tax. To determine the amount of tax chargeable, certain deductions are taken from gross income to arrive at the taxable income. Once the amount of taxable income has been determined, tax rate charts determine the exact amount of tax chargeable. A company's chargeable income is usually different from the net profit/loss shown in its accounting books. This is becau...
The 21st century will be Africa’s century of economic development. Incomes will be rising rapidly and Africa will become one of the main engines of economic progress in the world. For this to happen, markets must be liberalized and barriers to trade eliminated. Without hindrance, businesses should be able to source anywhere, manufacture anywhere, and sell anywhere. Free trade and free competition are essential if standards of living are to rise. Countries should realize that what is good fo...
ABSTRACT This project is on the role of Budgeting in tertiary institutions management. It focus on examining the relevance of budgeting in Tertiary institution. The problems stated in this project are related to the control of difficulties in co-ordination tertiary institution budgets. The objectives of the project is to ascertain the role and systems of budgeting in tertiary institution. Above all the role of budgeting were found to aid planning, co-ordinating, directing, organizing comm...
ABSTRACT This is a research work on the impact of taxation on small-scale business in a developing economy. A case study of Ekene Dili Chukwu Nigeria Limited Enugu. It is aimed at ascertaining the extent to which Ekene Dili Chukwu taxation. The area of study was Ekene Dili Chukwu Nigeria Limited Enugu. This study is divided into fire chapters. Chapter one gives the general introduction. Chapter two reports our review of related literature to the theme of this research. Chapter three desc...