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THE IMPACT AND EFFECTIVENESS OF VALUE ADDED TAX ADMINISTRATION IN NORTH EASTERN NIGERIA  

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THE IMPACT AND EFFECTIVENESS OF VALUE ADDED TAX ADMINISTRATION IN NORTH EASTERN NIGERIA

 

 

 

Abstract:

The purpose of this study is to review the effectiveness of the administration of Value Added Tax in the northeastern Nigeria as it relates to how it can improve Government revenue. Special emphasis was given to the possibility of increasing Value Added Tax Rate and its consequences.The challenges of insecurity in the northeast on the administration of Value Added Tax were observed. Simple percentage, table and pyramid chart were used for data analysis. The study purely used secondary data generated from the record of Federal Inland Revenue Service. It was discovered that the insecurity challenges in the region impacted negatively on both the private and public sectors of the economy as many businesses and residents have relocated away from the region which resulted into the drastic shortfall of Value Added Tax collected for the period under review. After the analysis of other problems of Value Added Tax administration in the region, it was recommended that, Government must ensure security is restored, assist in the revival of industries and ensure more training for the tax officers.

Keywords: Value Added Tax, Tax Administration, Northeastern Nigeria, VAT collection, Effectiveness and Security.