ABSTRACT
This project work “The Analysis of the Impact of Value Added Tax in Revenue Generation in Nigeria (2000 – 2009)” was necessitated by the need to assess the performance of Value Added Tax and ascertain it impact on revenue generation in Nigeria.
It focused on the effect of VAT on vatable persons especially as it relates to the demand and sales of it product, its profitability, contribution to the total revenue generated by the Federal Government, the entire economy and finally a comparison of the observed effect relative to what the desired effect should be.
Chapter one of this study will serve as introduction and other steps the research has adopted in the cause of carrying her investigation such are: background of the study, statement of problem, objective of the study, research question, hypotheses, scope, significance, limitation of the study and definition of terms.
Chapter two reviewed some related literatures; the need is for the researcher to see the view of other writers on the topic under study. It made up of theoretical and empirical review of related literature.
Chapter three deals on research design and methodology used in collecting data such as design, area of study, population of study etc
Chapter four treated presentation and analysis of data.
Chapter five sees for summary of findings, conclusion and recommendation.
TABLE OF CONTENT
Title Pagei
Approval /Certificationii
Dedicationiii
Acknowledgement iv
Abstractv
Table of Contentvi
CHAPTER ONE:1
1.0Introduction1
1.1Background of the Study1
1.2Statement of Problem4
1.3Objective of the Study4
1.4Research Questions5
1.5Hypothesis5
1.6Scope of the Study6
1.7Significance of the Study7
1.8Limitation of the Study8
1.9Definition of Terms9
References 10
CHAPTER TWO
2.0Review of Related Literature12
2.1Theoretical Review of Related Literature 12
2.1.1History of Value Added Tax12
2.1.2Meaning and Reasons for VAT15
2.1.3Nature of Value Added Tax16
2.1.4Operation of Value Added Tax18
2.1.5Administration of VAT in Nigeria 19
2.1.6Registration of VAT19
2.1.6.1VAT Registration Number21
2.1.6.2VAT Returns and Remittance21
2.1.7Assessment of VAT22
2.1.8Type, Rate and Method of Calculation VAT23
2.1.8.1Types of VAT23
2.1.8.2Rates of VAT24
2.1.8.3Methods of Calculating VAT25
2.1.9VAT and other Form of Tax26
2.1.10Merits and Demerit of VAT 29
2.1.10.1Merits of VAT 29
2.1.10.2Demerits of VAT29
2.1.11Detailed List of Items and Services
Exempted from VAT 30
2.2Empirical Review Related Literature 31
References 35
CHAPTER THREE
3.0 Design and Method37
3.1Research Design 37
3.2Area of Study37
3.3Population of Study37
3.4Sources of Data38
3.5Sampling Method38
3.6Research Instrumentation39
3.7Validity and Reliability of Research Instrument42
3.8Methods of Investigation43
References 44
CHAPTER FOUR
4.0Presentation and Analysis of Data45
4.1Presentation and Analysis of Result45
4.2Test of Hypotheses54
CHAPTER FIVE
5.0Summary of Finding, Conclusion and Recommendation64
5.1Summary of Findings64
5.2Conclusion 66
5.3Recommendation 67
Bibliography70
Appendix I72
Appendix II 75