International records / OpenAlex research

Effectiveness of Value Added Tax Exemptions on SMEs Growth in Nigeria

This study examined the effectiveness of Value Added Tax (VAT) exemptions on the growth of Small and Medium Enterprises (SMEs) in Nigeria, with specific focus on the North-Central region. VAT exemptions are intended to reduce the tax burden on SMEs, improve cash-flow, and stimulate business expansion; however, empirical evidence on their actual impact remains limited. The study therefore assessed SME awareness and utilization of VAT exemptions, the influence of exemptions on key growth indicators, the effect on cash-flow and compliance costs, and the administrative challenges that hinder their…