Effects of Automated Tax Services on Generating Government Revenue in Nigeria
DOI:
https://doi.org/10.54741/ssjar.3.3.5Keywords:
automated, board, tax, services, generation, revenueAbstract
This study examined how automated tax services effected revenue generation in Nigeria using data from the Federal Inland Revenue Service and the State Board of Internal Revenue experts/practitioners. To achieve the goal, two research hypotheses were constructed to guide this investigation. The data were evaluated using straightforward percentages and tables, and the Chi-square statistical tool was employed to examine the research-formulated hypotheses. A standardized questionnaire served as the main method for interviewing staff members of the State Board of Internal Revenue Offices and the Federal Inland Revenue Service. The data were thoroughly analyzed, and it was shown that there is a considerable correlation between automated tax service payment and government-generated revenue, as well as between automated tax service and system acceptance. In order to maximize the initiative's anticipated benefits, the study's conclusions included some recommendations for the federal government to create strategies for informing businesses on the specifics of automated tax services payment through Federal Inland Revenue Services (FIRS), state board of internal revenues.
Downloads
References
Adereti, S. A., Sanni, M. R., & Adesina J. A. (2011). Value added tax and economic growth of Nigeria. European Journal of Humanities and Social Science, 10(1), 456-471.
Adetunji, A. (2017). A comparative analysis of the control of financial crime from the perspective of the UK, USA and Nigeria (Doctoral dissertation, School of Advanced Study, University of London).
Ahmed, M., & Shakur, M. (2011). Debt (a real hurdle in the economic growth of Pakistan): A time series analysis. African Journal of Business Management, 5(28), 11532-11538
Ajudua, E. I., & Ojima, D. J. P. (2015). Government expenditure, foreign direct investment and economic growth in Nigeria. Journal of Economics and Sustainable Development, 6(8), 7984.
Andarias, M. A. (2006). Importance of technology. European Journal of Social Sciences, 9, 100-150.
Asiligwa, H., & Onwenga, F. (2016). Electronic commerce and development: Fiscal implications of digitized goods trading. Journal of World Development, 30(7), 1- 010
Buhari, A.L. (2001). Straight to the point: ICAN/Polytechnic Public Finance. Unilorin Press, Ilorin.
Chijioke, N. O., Leonard, I. A., Bossco, E. O., & Amaefule, H. C. (2018). Impact of e–taxation on Nigeria’s revenue and economic growth: A pre – post analysis, International Journal of Finance and Accounting, 7(2), 19-26
Edogbanya, A., & Ja’afaru, G. S. (2013). Revenue generation: it’s impact on government developmental effort (A study of selected local council in kogi east senatorial district). Global Journal of Management and Business Research, 13(4), 1-15
Ekperiware, M.C., & Oladeji, S.I. (2012). External debt relief and economic growth in Nigeria. American Journal of Economics, 2(7), 195-205.
Fayemi, O. A. (1991). Principle of local government accounting. Chapter ten Publication Ltd, Yaba – Lagos.
Fowler, B. (2015). Federal Inland Revenue service strategies for achieving voluntary compliance by taxpayers. PWC Tax Stakeholders Meeting Four Points Hotel, Lekki, Lagos.
Fowler, B. (2017, April). FIRS to expand automated tax administration. Retrieved from: https://www.vanguardngr.com/2017/04/firs-expand-automated-taxadministration.
Gbosi, A.N. (2015). Contemporary macroeconomic problems and stabilization policies. (2nd ed.). Benin City: Spirit and Truth Publishers.
Githinji, J., Mwaniki,K. Kirla., & Mutongwa, H. (2014). Analysis on revenue productivity of the Kenya Tax System by finding ways of bridging fiscal deficits. Thorofare, N.J.: Slack Incorporated.
Latour, B. (1986). The powers of association. Power, action and belief. A new sociology of knowledge?. Sociological Review Monograph, 32. Law, J. (Ed). Routledge & Kegan Paul, London: 264-280.
Macquarie Library. (1981). The macquarie dictionary. Sydney: Macquarie Library.
Maisiba, M., & Atambo, L. (2016). The effects of revenue system modernization on revenue collection at Kenya revenue. M.Sc., Research Project, University of Nairobi.
Odusola, A. F. (2003). Internally generated revenue at the local government: Issues and challenges. Paper presented at the Workshop on Revenue Generation at the State Government Level, October. Ibadan: University of Ibadan.
Okauru, I.O. (2011). Enhancing revenue tax collection through Effective implementation of full self-assessment regime, (Working Paper) Presented at the Seminar of Top Hierarchy of FIRS, (November 24), Lagos.
Ota, E. F. (2020). Public investment in infrastructure and economic growth in Nigeria (1980- 2020). Development, 4(3), 1-22.
Oxford (1973). The shorter oxford english dictionary. (3rd ed.) (reprinted with corrections and revisions). Clarendon Press, Oxford.
Oyovwi, O. D., & Eshenake, S. J. (2013). Financial openness and economic growth in Nigeria: A vector error correction approach. African Research Review, 7(4), 79-92.
Pemu, C. (2017). The electronic tax system: A step in the right direction?. Retrieved from: nairametrics.com.
Rogers, E. (2003). Diffusion of innovations. (5th ed.). Simon and Schuster. ISBN 978-0-7432-5823-4.
Todaro, M.P. & Smith, S.C. (2011). Economic development. (11th ed.). England: Pearson Education Limited.
Tom-Ekine N. (2014). Macroeconomics: Dimensions of competitive indicators and policy performance. Port Harcourt: Dominus Printing Company.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Ibrahim Hussaini, Bukar Aji Bukar, Bilkisu Adamu
This work is licensed under a Creative Commons Attribution 4.0 International License.