EFFECT OF BUSINESS PREMISES LEVIES ON INVESTMENT DECISION OF SMES IN CROSS RIVER STATE

EFFECT OF BUSINESS
PREMISES LEVIES ON
INVESTMENT DECISION OF
SME’S IN CROSS RIVER STATE
Ahakiri, Francis Idiege
University Of Calabar, Calabar Cross River
State.
ahakirifrancis.1@gmail.com
&
Inyang, Ochi Inyang
University Of Calabar, Calabar Cross River
State.
inyangochi@gmail.com
&
Agbor, Lovina Eyare.
University Of Calabar, Calabar Cross River
State.
agborlovina@gmail.com
ABSTRACT
The study examine business premises levies
and its effect on investment decision of
businesses in Calabar, Cross River State. It
was aimed to find out if registration levies,
renewal of business premises and
development levy has effect on investment
decision in cross River state Calabar. To
achieve the above objectives, the research
made use of ex-post facto research design.
The study made use of secondary data
collected from the Cross River State Board of
Inland Revenue Service for a period of 10
years (20092018). The data collected were
presented and analyzed by the use of
multiple regression with the aid of SPSS.
Based on the analysis, it was found out that
registration levies has significant effect on
investment decision of business, that
renewal of business premises has effect on
investment decision, specifically, that
development levy has significant effect on
investment decision of business. Based on
the findings, the researcher concluded that
business premises levies has significant and
Accounting and Finance Research Association
positive effect on investment decision of
businesses in Cross River State. In the light
of the above, the study recommended that
government regulations governing business
should be simplified in order to make
compliance easier for them. This include
clear and simple levies regulations and an
undemanding tax filling process

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