Select Currency
Translate this page


Format: MS WORD  |  Chapter: 1-5  |  Pages: 75  |  1139 Users found this project useful  |  Price NGN3,000






Background of the Study 

Value added tax (VAT) is a consumption tax levied at each stage of the consumption chain and borne by the final consumer of the product or service. The collection of VAT is comparatively simple, indiscriminating and hard to avoid. World over, major attention is on (VAT) with regards to reforms and reorganization. Perhaps, this has been owing to its sizeable contributions to government revenue, growth and development of many economies (Owolabi & Okwu, 2011). As a veritable source of government revenue, many countries have shifted and a few others are considering a shift towards a higher indirect taxation. For the fact that Value Added Tax rises spending on consumer goods, it is anticipated to affect the behaviour of the consumers. This implies that VAT changes price and consumption behaviour of the consumer. Consequently, cost effects of Value Added Tax and the resultant consumer behavioural pattern are issues of concern to different nations of the world and their Value Added Tax law. 

Countries all over the world look for ways to boost their revenue, and this has necessitated the introduction of value added tax on goods and services in many nations of the world. For instance, in Africa, VAT has been introduced in Benin Republic, Cote d‟Ivore, Guinea, Kenya, Madagascar, Mauritius, Senegal, Togo, and Nigeria. Available data supports that, in these nations, Value Added Tax has turn out to be the main provider of government income (Ajakaiye, 2000; Shalizi & Square, 1988; Adereti, Adesina, & Sanni, 2011). Nigeria introduced VAT in 1993; however its full implementation began on 1st January, 1994 (Umeora, 2013). Before its introduction, there was in existence, the Sales Tax. The underlying principle for replacing Sales Tax with Value Added Tax was as a result of some factors and considerations; noteworthy amongst these are the narrow nature of the Sales Tax in Nigeria as covered by Decree No. 7 of 1986.  It covered only nine categories of goods as well as sales and services in registered hotels, motels and similar establishments.  

VAT was designed such that the burden is borne by the final consumer. Since VAT can be applied on goods as well as services it has also been termed as goods and services tax (GST). A limited number of goods and services are exempted from Value Added Tax. Some of the goods excluded from Value Added Tax are drugs, pharmaceutical, essential foodstuff, books, learning materials, journals etc. The exempted services include medical services, services provided by micro finance banks and mortgage institutions, plays and performances conducted by educational institution as part of learning, as well as the supply of educational goods and services incidental to education by an educational institutions (Source: VAT Decree as Amended (2007)).

Value Added Tax is an expenditure tax that is fairly simple to control and hard to avoid, and it has been accepted by many nations worldwide (FIRS, 1993). There is evidence so far that Value Added Tax is an important source of income to the Nigerian government. For example, in the past 19 years, states and the Federal Government spending power has been boosted by over N4.273trillion Value Added Tax (VAT) revenues, Business Day resea rch has shown (The Economist Ng, 2012).

Value Added tax has wide scope since the cause of disagreeable variation can be effectively controlled under effective supervision (Leach, 2003) as sited in Onaolapo, Aworem and Ajala (2013). Income gotten from VAT can help to enhance the economic base of any country. This, nevertheless, has to do with the exploitation of the potentials and adoption of the kind of expenditure tax that will identify the tax payers as value minimizing persons and as such protect their evasion behavioural pattern. The main factor to consider before choosing Valued Added Tax choice among tax type are; review of managerial possibility of each alternative and other income sources, its comparative income possibilities, its level of deliberate conformity, its relative neutral stance, its fairness and the effectiveness of these criteria, one can effortlessly spot the main reasons behind countries replacing (RST) with VAT (Onaolapo et al, 2013).

VAT revenue is generated for distribution to the states and local governments in Nigeria. This helps to reduce over dependence on oil revenue; this assures a sustainable economic growth and development. Despite the fact that the effectiveness of Value Added Tax as a means of income is impressive, yet it‟s not easy to try to methodically appraise the influence of Value Added Tax on customer‟s expenditure therefore, the need for this study.


Not What You Are Looking For?

For Quick Help Chat with Us Now!

+234 814 010 7220

+233 541 351 187

Here's what our amazing customers are saying

Emmanuel Essential
Kogi state University
I actually took the risk,you know first time stuff But i was suprised i received as requested. I love you guys 🌟 🌟 🌟 🌟
Very Good
Azeez Abiodun
Moshood Abiola polytechnic
I actually googled and saw about iproject master, copied the number and contacted them through WhatsApp to ask for the availability of the material and to my luck they have it. So there was a delay with the project due to the covid19 pandemic. I was really scared before making the payment cause I’ve been scammed twice, they attended so well to me and that made me trust the process and made the payment and provided them with proof, I got my material in less than 10minutes
Very Good
Gbadamosi Solomon Oluwabunmi
Swift delivery within 9 minutes of payment. Thank you project master
Ajayi Crowther University, Oyo
I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!
Ahmadu Bello University
I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!
Temitayo Ayodele
Obafemi Awolowo University
My friend told me about iprojectmaster website, I doubted her until I saw her download her full project instantly, I tried mine too and got it instantly, right now, am telling everyone in my school about, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work
Very Good
Stancy M
Abia State University, Uturu
I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much iprojectmaster, infact, I owe my graduating well today to you guys...
Ibrahim Muhammad Muhammad
Usmanu danfodiyo university, sokoto
It's a site that give researcher student's to gain access work,easier,affordable and understandable. I appreciate the iproject master teams for making my project work fast and available .I will surely,recommend this site to my friends.thanks a lot..!
Dau Mohammed Kabiru
Kaduna State College of Education Gidan Waya
This is my first time..Your service is superb. But because I was pressed for time, I became jittery when I did not receive feedbackd. I will do more business with you and I will recommend you to my friends. Thank you.
Very Good
Joseph M. Yohanna
Thanks a lot, am really grateful and will surely tell my friends about your website.


  • Select 3 Project Topics of your choice from your Department.
  • Submit the 3 topics to your Supervisor for Approval.
  • Call Our Instant Help Desk on +234 814 010 7220 and Get Your Complete Project Material Instantly.
  • All project materials on this website are well researched by professionals with high level of professionalism.


How do i choose a Project Topic?

Look for your department and select any topic of your choice

I have a fresh topic that is not on your website. How do I go about it?

How fast can i get a complete project from your website?

Within 15 minutes if the exact project topic is on our website

Is it a complete research project or just materials?

It is a Complete Research Project i.e Chapters 1-5, Abstract, Table of Contents, Full References, Questionnaires / Secondary Data

One of your topics suites my project, but the case study is different. What do i do?

Call Our Instant Help Desk Now: +234 814 010 7220 and you will be responded to immediately

How do i get my complete project?

Your Complete Project Material will be sent to your Email Address in Ms Word document format

Can I get my Complete Project through WhatsApp?

Yes! We can send your Complete Research Project to your WhatsApp Number

What if my Project Supervisor made some changes to a topic i picked from your website?

Call Our Instant Help Desk Now: +234 814 010 7220 and you will be responded to immediately

Do you assist students with Assignment and Project Proposal?

Yes! Call Our Instant Help Desk Now: +234 814 010 7220 and you will be responded to immediately

What if i do not have any project topic idea at all?

Smiles! We've Got You Covered. Chat with us on WhatsApp Now to Get Instant Help: +234 814 010 7220

How can i trust this site?

We are well aware of fraudulent activities that have been happening on the internet. It is regrettable, but hopefully declining. However, we wish to reinstate to our esteemed clients that we are genuine and duly registered with the Corporate Affairs Commission as "PRIMEDGE TECHNOLOGY". This site runs on Secure Sockets Layer (SSL), therefore all transactions on this site are HIGHLY secure and safe!