CONNECTION AMIDST PERSONAL INCOME TAX AND REVENUE GENERATION IN NORTH CENTRAL STATES, NIGERIA
ABSTRACTThe impact of personal income tax on North Central states revenue generation in Nigeria was examined in this work. Data such as PAYE, direct assessment were from gotten from the National Bureau of Statistics, while Agricultural Credit Guarantee Scheme Fund Loan, and Population were sourced f...
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| Format: | Article |
| Language: | Indonesian |
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Universitas Mercu Buana Yogyakarta
2022-12-01
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| Series: | JRAMB (Jurnal Riset Akuntansi Mercubuana) |
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| Online Access: | https://ejurnal.mercubuana-yogya.ac.id/index.php/akuntansi/article/view/2970 |
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| author | Tajudeen Adejare ADEGBITE Taiwo Abdulrahim IBRAHIM Adeniyi Akinade ADELEKE |
| author_facet | Tajudeen Adejare ADEGBITE Taiwo Abdulrahim IBRAHIM Adeniyi Akinade ADELEKE |
| author_sort | Tajudeen Adejare ADEGBITE |
| collection | DOAJ |
| description | ABSTRACTThe impact of personal income tax on North Central states revenue generation in Nigeria was examined in this work. Data such as PAYE, direct assessment were from gotten from the National Bureau of Statistics, while Agricultural Credit Guarantee Scheme Fund Loan, and Population were sourced from CBN bulletin respectively. Panel Data Analysis, trend analysis and descriptive analysis were used to analyze the data sourced from Kwara, Kogi, Niger, Benue, Plateau, and Nasarawa States. With thorough assessment and analyses, it was concluded that personal income tax has positive significant impact on internally generated revenue in North central states in Nigeria. That is personal income tax contributed significantly to revenue generation of the selected states. Personal income tax has been seen as a pertinent tool in revenue generation of the North central states in Nigeria. Based on the findings of this study, it is recommended that in order to widen the states’ tax revenue through personal income tax, priority should be given to automation of tax remittance to cover all aspect of personal income tax (PAYE and Direct Assessment) in the states in order to enable prompt remittance of personal income tax especially those states with lower IGR so as to boost their internally revenue generation ultimately. |
| format | Article |
| id | doaj-art-3c72b8f5d81644c1b746dce3d5f6fd5d |
| institution | Matheson Library |
| issn | 2460-1233 2548-4338 |
| language | Indonesian |
| publishDate | 2022-12-01 |
| publisher | Universitas Mercu Buana Yogyakarta |
| record_format | Article |
| series | JRAMB (Jurnal Riset Akuntansi Mercubuana) |
| spelling | doaj-art-3c72b8f5d81644c1b746dce3d5f6fd5d2025-07-01T13:25:37ZindUniversitas Mercu Buana YogyakartaJRAMB (Jurnal Riset Akuntansi Mercubuana)2460-12332548-43382022-12-018210.26486/jramb.v8i2.29702367CONNECTION AMIDST PERSONAL INCOME TAX AND REVENUE GENERATION IN NORTH CENTRAL STATES, NIGERIATajudeen Adejare ADEGBITE0Taiwo Abdulrahim IBRAHIM1Adeniyi Akinade ADELEKE2Department of Accounting, Al-Hikmah university, Ilorin, Kwara state, NigeriaAl-Hikmah University IlorinDepartment of Accounting, Al-Hikmah University IlorinABSTRACTThe impact of personal income tax on North Central states revenue generation in Nigeria was examined in this work. Data such as PAYE, direct assessment were from gotten from the National Bureau of Statistics, while Agricultural Credit Guarantee Scheme Fund Loan, and Population were sourced from CBN bulletin respectively. Panel Data Analysis, trend analysis and descriptive analysis were used to analyze the data sourced from Kwara, Kogi, Niger, Benue, Plateau, and Nasarawa States. With thorough assessment and analyses, it was concluded that personal income tax has positive significant impact on internally generated revenue in North central states in Nigeria. That is personal income tax contributed significantly to revenue generation of the selected states. Personal income tax has been seen as a pertinent tool in revenue generation of the North central states in Nigeria. Based on the findings of this study, it is recommended that in order to widen the states’ tax revenue through personal income tax, priority should be given to automation of tax remittance to cover all aspect of personal income tax (PAYE and Direct Assessment) in the states in order to enable prompt remittance of personal income tax especially those states with lower IGR so as to boost their internally revenue generation ultimately.https://ejurnal.mercubuana-yogya.ac.id/index.php/akuntansi/article/view/2970key wordsconnectionpitrevenuenorth central statedirect assessmentpaye jel |
| spellingShingle | Tajudeen Adejare ADEGBITE Taiwo Abdulrahim IBRAHIM Adeniyi Akinade ADELEKE CONNECTION AMIDST PERSONAL INCOME TAX AND REVENUE GENERATION IN NORTH CENTRAL STATES, NIGERIA JRAMB (Jurnal Riset Akuntansi Mercubuana) key words connection pit revenue north central state direct assessment paye jel |
| title | CONNECTION AMIDST PERSONAL INCOME TAX AND REVENUE GENERATION IN NORTH CENTRAL STATES, NIGERIA |
| title_full | CONNECTION AMIDST PERSONAL INCOME TAX AND REVENUE GENERATION IN NORTH CENTRAL STATES, NIGERIA |
| title_fullStr | CONNECTION AMIDST PERSONAL INCOME TAX AND REVENUE GENERATION IN NORTH CENTRAL STATES, NIGERIA |
| title_full_unstemmed | CONNECTION AMIDST PERSONAL INCOME TAX AND REVENUE GENERATION IN NORTH CENTRAL STATES, NIGERIA |
| title_short | CONNECTION AMIDST PERSONAL INCOME TAX AND REVENUE GENERATION IN NORTH CENTRAL STATES, NIGERIA |
| title_sort | connection amidst personal income tax and revenue generation in north central states nigeria |
| topic | key words connection pit revenue north central state direct assessment paye jel |
| url | https://ejurnal.mercubuana-yogya.ac.id/index.php/akuntansi/article/view/2970 |
| work_keys_str_mv | AT tajudeenadejareadegbite connectionamidstpersonalincometaxandrevenuegenerationinnorthcentralstatesnigeria AT taiwoabdulrahimibrahim connectionamidstpersonalincometaxandrevenuegenerationinnorthcentralstatesnigeria AT adeniyiakinadeadeleke connectionamidstpersonalincometaxandrevenuegenerationinnorthcentralstatesnigeria |