ABSTRACT
This study examines the impact of taxation on small and medium scale enterprises in Ekiti State..
The research reviewed at some literature that has some degree of relevance to the subject matter under study. The study shall adopt the non-probability sampling technique and data collection was carried out using the questionnaire method consisting of one hundred (100) respondents drawn from the study population. Frequency counts and percentages were used for analyzing the data while Chi-Square was used for the testing of hypothesis.
Based on findings from this study, it was concluded that the development and operation of SMEs has economic impact on the nation. The researchers established relationships between SMEs’ sizes and their ability to pay taxes; multiple taxations and SMEs survival. The researchers therefore conclude that multiple taxations affect the survival and growth of SMEs in Nigeria.
The study recommended among others that All SMEs should endeavor to pay their taxes as at when due. This should be done by Government providing enabling environment for them to operate and see it as one of the benefit accrued to such payment of taxes to the Government. Also Government should adequately create awareness on the need for SMEs to pay their taxes appropriately.
TABLE OF CONTENTS
Page no.
Title Page i
Certification ii
Dedication iii
Acknowledgements iv-v
Abstract vi
Table of contents vii
CHAPTER ONE: INTRODUCTION
1.1 Background to the study 1
1.2 Statement of the Problem 6
1.3 Research Questions 10
1.4 Objectives of the Study 11
1.5 Research Hypotheses 12
1.6 Significance of the Study 12
1.7 Scope of the Study 13
1.8 Limitation of the Study 13
CHAPTER TWO: LITERATURE REVIEW
2.1 Concept of Small Scale Enterprises 15
2.2 Problems Faced SMES 20
2.3 Economic Advantages of Small and Medium 22
Enterprises in Nigeria
2.4 General Overview of Taxation 24
2.5 Origin of Taxation in Nigeria 27
2.6 Objectives of Taxation 29
2.7 Direct Taxes and Indirect Taxes 31
2.8 Theoretical Literature 32
2.9 Principles of Taxation 35
2.10 Economic Growth Models 37
2.11 Theory of Business Growth 37
2.12 Contribution of Tax Policy on the Growth of SMES 39
2.13 SMES as Sinequanon to Development of Nigerian Economy41
2.14 Factors that Favour the Growth in SMES 43
2.15 Empirical Literature 46
CHAPTER THREE: METHODS
3.1 Research Design 52
3.2 Procedure for data Collection 52
3.3 Area of Study 53
3.4 Population of Study 53
3.5 Sample Size and Sampling Technique 53
3.6 Data Collection Instrument 54
3.7 Administration of the Instrument 52
3.8 Validation of the Instrument 55
3.9 Method of Data Analysis 56
CHAPTER FOUR: DATA PRESENTATION AND INTERPRETATION
4.1 Data Presentation 57
4.2 Demographic Analysis 58
4.3 Test of Hypotheses 71
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND POLICY RECOMMENDATIONS
5.1 Summary 75
5.2 Conclusion 76
5.3 Recommendations 76
5.4 Contributions to Knowledge 78
5.5 Limitation to the Study 79
5.6 Suggestion for Further Studies 79
References 80
Appendix 84
