Impact of E-Tax Filing on Tax Revenue Generation in Nigeria
Keywords:
Tax, Revenue, E-tax, E-filing, Nigeria
Abstract
The study investigated the impact of e-tax filing on tax revenue generation in Nigeria. The study developed three research objectives, which are to; analyse the contributions of e-tax filing on government tax revenue in Nigeria, analyse the contributions of e-tax filing on the increase in non-oil and oil tax revenue in Nigeria. In essence, the study compared whether there is significant difference in government tax revenue, non-oil tax revenue, and oil tax revenue in Nigeria prior to e-tax filing (2011-2014) and post e-tax filing (2016-2019). The study made use of quarterly data, which was sourced from the Federal Inland Revenue Service. The one-way Analysis of Variance (ANOVA) was adopted as analytical technique. Based on the results obtained from the study, it was found that e-tax filing only had significant influence on oil tax revenue in Nigeria, but did not significantly impact on total government tax revenue and non-oil tax revenue in the country. Based on these results, the study recommends that the Government should establish a well-equipped database on taxpayers to easily identify all possible sources of income of taxpayers for tax remittance. Also, the study recommends that the Federal government through the Federal Inland Revenue Services (FIRS) should conduct more enlightenment programmes in the country, so as to increase the knowledge and awareness on the use of all electronic services on their platform.
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European Journal of Social Sciences, 9:100-150.
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Accounting, Business and Finance Research, 4(2); 56-65.
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Journal of Accounting Information and Innovation, 5(3); 1-6.
Oriakhi, D. E. (2002). Introduction to Public Finance. Benin City: Mindex Publishing; 22-23
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Pippin, S. A. and Tosin, M (2014).Electronic tax filling in the United State of America. An analysis of possible
success factors. Electronic Journal of E- Government, 19(1) :22-38
Siddique, A., Selvanathan, E. A., & Selvanathan, S. (2015). The impact of external debt on economic growth:
empirical evidence from highly indebted poor countries. Discussion Paper 15.10.
Soyode, L., & Kojola, O. (2006). Taxation Principles and Practice in Nigeria. Lagos: Silicon Publishing
Company, 3.
Sussman, R., & Gifford, R. (2019). Causality in the Theory of Planned Behavior. Personality and Social
Psychology, 45(6); 920 –933.
Udoffia, D, T. & Akpanah, E. A. (2016). An assessment of the impact of external debt on the economic growth
of Nigeria. International Journal of Social Sciences, 10(1); 1-27.
Wamathu, W. (2014). Effects of Electronic Taxation on Financial Performance of Audit Firms in Kenya. A
Research Project Submitted in Partial Fulfilment of the Requirement for the Award of Masters of Science in Finance Degree Programme in the University of Nairobi.
International Center for Tax and Development (ICTD), Working Paper 96.
Agrawal, M. (2012). E filing of Returns: The Chartered Accountant. Retrieved November 21, 2018. Accessed
from: www.icai.org/resource_file/101991567.pdf.
Ajzen, I. (1985). From Intention to Actions. A theory of Planned Behaviour. In J. Kull and J. Beckman (EDS)
, Action control. From Cognition to Behaviour pp 11-39. Heidelberge Springers.
Ajzen,I., and Fishbein, M. (1980). Understanding the Attitude and Prdicting Social Behaviour. Englewood –
Cliff: Prentice - Hall.
Akpu, U., & Ohaka, J. (2017). Tax compliance strategy and tax revenue yield: Empirical evidence from Rivers
State, Nigeria (2007-2016). Pyrex Journal of Taxation and Accounting Management, 1(2): 9-23.
Akpubi, M. D., & Igbekoyi, O. E. (2019). Electronic Taxation and Tax Compliance among Some Selected Fast
Food Restaurants in Lagos State, Nigeria (taxpayers Perspective). European Journal of Accounting, Auditing and Finance Research, 7(7);52-80.
Alade, B. J. (2018). E-Taxation Adoption and Revenue Generation in Nigeria. Research Journal of Finance
and Accounting, 9(24); 116-124.
Albarracin, D. Johnson, B. T. Fishbein, M. & Muellerleile, P. A. (2001). Theories of reasoned action and
planned behaviour as models of common use: a meta-analysis. Psychological Bulletin, 127 (1); 142-161.
Allahverd, Alazez and Ortakapoz (2017). Effect of E-Taxation system on tax revenue and cost in Turkey.
European Journal of Social Sciences, 9:100-150.
Anyanwu, J.C. (1997). Nigerian Public Finance. Onitsha: Joanne Educational Publishers Limited.
Babatunde, S. A. (2018). Government Spending on Infrastructure and Economic Growth in Nigeria.
Economic Research, 3(1):997-1014.
Conner, M. Kirk, S. F. Cade, J. E., & Barrett, J. H. (2003). Environmental influences: factors influencing a
woman's decision to use dietary supplements. The Journal of Nutrition, 133 (6); 1978S–1982S.
Crawford, H. (2013). The Sumerian World. New York City, New York and London, England: Routledge, 34-
43.
Davies, F. D. ,Bagozzi, R. P. and Warshar, P. R. (2018). User Acceptance of Computer Technology: A
Comparison of two Theoretical Models. Management Science, 35(8): 982 - 1003.
Ibrahim, I., Lamidi, W., & Alias, M. (2017). Perceived Usefulness and the Acceptance of Tax E-Filing System:
Malaysia and Nigeria Cases. 4th International Conference on E-commerce (ICoEC), Putrajaya Malaysia, 2017.
Ihenyen, C. J., & Ebipanipre, G. M. (2014). Taxation as an Instrument of Economic Growth (The Nigerian
Perspective). Information and Knowledge Management, 4 (12).
Ijirshar, V. U., Joseph, F., & Godoo, M. (2016). The Relationship between External Debt and Economic
Growth in Nigeria. International Journal of Economics & Management Sciences, 6 (1); 1-5., 46(5):1085-1142.
Lai, M. L. (2008). Effect of E-Filling on revenue in Malaysia. Journal of Accounting Research
Leyira, C. M., Chukwuma, E. C., & Umobong, A. A. (2012). Tax System in Nigeria – Challenges and the Way
Forward. Research Journal of Finance and Accounting, 3(5).
Maad M. M. (2015). History of Artificial Intelligence. Computer science, college of science, University of
Baghdad, Iraq.
Monica, F.W., Makokha E.N. & Namusonge, G.S. (2017). Effects of Electronic Tax System on Tax Collection
Efficiency in Domestic Taxes Department of Kenya Revenue Authority (KRA), Rift Valley Region. European Journal of Business and Management, 9(17); 15-19.
Muhammad, S. A. Ali, T. Tariq, E. & Farwa, S. (2015). Impact of individualism and collectivism over the
individual's technology acceptance behaviour: A multi-group analysis between Pakistan and Turkey. Journal of Enterprise Information Management, 28(6); 747–768
Nasir (2015). Implementating electronic tax filling and payments in Malaysia. Journal of Accounting and
Economics.
Newman, U. R., & Ekhator, E. O. (2019). Electronic taxation in Nigeria: challenges and prospects.
International Company and Commercial Law Review, 1-16.
Nnubia, I. C. (2020). Effect Of E-Taxation on Revenue Generation in Nigeria: A Pre-Post Analysis. Academy
of Entrepreneurship Journal, 26(3); 1-19.
Oforum, C., Amaefule, L., Okonya, B., & Amaefule, H. (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.
Okauru, I. (2011). Enhancing revenue tax collection through Effective implementation of the full-assessment
regime. (working paper) Presented at the Seminar of Top Hierarchy of FIRS (November 24), Lagos.
Olaoye, C., & Atilola, O. (2018). Effect of E-Tax Payment on Revenue Generation in Nigeria. Journal of
Accounting, Business and Finance Research, 4(2); 56-65.
Olaoye, C., & Atilola, O. (2019). E-Tax Payment System and Revenue Generation in South-West Nigeria.
Journal of Accounting Information and Innovation, 5(3); 1-6.
Oriakhi, D. E. (2002). Introduction to Public Finance. Benin City: Mindex Publishing; 22-23
Oyedele, T. (2016). Guess how many Nigerian Pay Tax and How our Government Spends the Money. Tax-
watch, The Guardian w.w.w guardian. ng.
Pippin, S. A. and Tosin, M (2014).Electronic tax filling in the United State of America. An analysis of possible
success factors. Electronic Journal of E- Government, 19(1) :22-38
Siddique, A., Selvanathan, E. A., & Selvanathan, S. (2015). The impact of external debt on economic growth:
empirical evidence from highly indebted poor countries. Discussion Paper 15.10.
Soyode, L., & Kojola, O. (2006). Taxation Principles and Practice in Nigeria. Lagos: Silicon Publishing
Company, 3.
Sussman, R., & Gifford, R. (2019). Causality in the Theory of Planned Behavior. Personality and Social
Psychology, 45(6); 920 –933.
Udoffia, D, T. & Akpanah, E. A. (2016). An assessment of the impact of external debt on the economic growth
of Nigeria. International Journal of Social Sciences, 10(1); 1-27.
Wamathu, W. (2014). Effects of Electronic Taxation on Financial Performance of Audit Firms in Kenya. A
Research Project Submitted in Partial Fulfilment of the Requirement for the Award of Masters of Science in Finance Degree Programme in the University of Nairobi.
Published
2021-05-18
How to Cite
Olusuyi, A. E., & Yidiat, O. (2021). Impact of E-Tax Filing on Tax Revenue Generation in Nigeria. Global Journal of Accounting, 7(1), 25-36. Retrieved from http://gja.unilag.edu.ng/article/view/1242
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