Analysis of Income Tax Administration in Nigeria: Problems and Prospects Case study: (Kogi State Board of Internal Revenue)

Accounting

In Nigeria, income tax is mostly causes a huge problem when viewed in terms of administration, assessment, compliance and revenue generation. In order to deal with these problems, series of reforms had been carried out unsuccessfully over the past few years with a view to reducing these challenges. One of the main objectives which this research seeks to achieve is to examine the factors responsible for the high rate of non-compliance. The basic research question was designed to know the measures tax authorities can take to minimise the high rate tax non-compliance. The use of descriptive statistics was used to test the relationship between variables. The questionnaire method was used for collecting primary data. The research population was made up of 500 individuals consisting of taxpayers and tax administrators, while the total 50 individuals was taken as the sample size. The stratified random sampling technique was used to select the sample size and the sample size cuts across gender, age, educational qualification and years of working experience. Major findings reveal that high tax rate does in any way affect non tax noncompliance and penalties and fees if adopted would help minimise the high rate of tax evasion and avoidance. The relatively small sample size is a major limitation to this study

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