Impact of finance act 2022 on tax compliance among SMEs in Nigeria: A primary research study

2024-06-08T10:33:50+00:00

The study evaluated the impact of Finance Act 2022 on tax compliances among SMEs in Nigeria adopting a primary research study. The study considered the Finance Act 2022 for Company Income Tax (CIT), Value Added Tax (VAT) and Personal Income Tax (PIT) as the predictors, and voluntary and non-voluntary tax compliances as outcome variables. According to the latest Survey Report by MSMES in 2021, there are 472,654 registered SMEs across the selected states of the six-geopolitical zones in Nigeria, this number represents the study population. A sample size of 400 SMEs was selected across the sampled states using a multistage sampling method. The regression analysis results disclosed that Finance Act 2022 on CIT and Finance Act 2022 on VAT has a positive significant and negative insignificant effect respectively on tax compliance in Nigeria. Finally, it was disclosed that the Finance Act 2022 on PIT has a positive but insignificant effect on tax compliance. The study concluded that the Finance Act Reform on various forms of taxes in 2022 stimulate a statistically positive impact on tax compliance among SMEs in Nigeria. Thus, it was recommended that revenue generated through CIT should be adequately utilized towards stimulating the growth and development of the industrial sector in Nigeria.

Teaching note—teaching and learning during the COVID-19 lockdown at the university of Windsor: Faculty, graduate teaching assistant and student experience

2024-06-10T04:45:05+00:00

In response to the global upheaval caused by the COVID-19 pandemic, educational institutions, including the University of Windsor, transitioned swiftly to virtual learning, necessitating innovative approaches to ensure academic progress amidst the cancellation of in-person classes and exams. This transition was particularly significant for the University of Windsor, situated in Southwestern Ontario, where the pandemic's impact was felt deeply, with implications for both the university community and the broader region. Despite initial challenges, the subsequent summer semester saw smoother operations, attributed to collective learning experiences among faculty, graduate assistants, and students, particularly in the School of Social Work. This paper examines the delivery of a Master of Social Work course, Challenges in Human Behavior, during the pandemic, showcasing the use of virtual platforms and innovative assessment strategies. Insights from faculty, graduate assistants, and students reveal varying experiences and challenges, highlighting the importance of proactive communication, support mechanisms, and student-led initiatives in enhancing the online teaching and learning experience. As the educational landscape continues to evolve amidst uncertainty, these findings offer valuable recommendations for preparing educators, fostering instructor-student communication, and empowering students as active participants in their educational journey, ultimately shaping the future of online social work education and beyond. This study underscores the resilience and adaptability of educational institutions in navigating unprecedented challenges, while also recognizing the ongoing need for collaboration and innovation in shaping the future of higher education in a rapidly changing world.

Asian Journal of Social Sciences and Management Studies

Impact of finance act 2022 on tax compliance among SMEs in Nigeria: A primary research study

Teaching note—teaching and learning during the COVID-19 lockdown at the university of Windsor: Faculty, graduate teaching assistant and student experience