Abstract

<p>Small and medium-sized enterprises (SMEs) play a vital role in the Nigerian economy, but their tax compliance is <br>low. This abstract explores the factors that affect tax compliance among SMEs in Nigeria, including a lack of <br>knowledge about tax laws, multiple levels of government, and frequent changes to tax laws. A review of the literature <br>shows that SMEs in Nigeria face a number of challenges when it comes to tax compliance. One of the biggest <br>challenges is a lack of knowledge about tax laws. Many SMEs are unaware of their tax obligations or how to comply <br>with them. This is due in part to the complexity of the Nigerian tax system and the frequent changes to tax laws.<br>Another challenge for SMEs is the multiple levels of government in Nigeria. SMEs have to deal with three tiers of <br>government: federal, state, and local. Each tier of government has its own tax laws and regulations, which can be <br>confusing and time-consuming for SMEs to comply with.<br>Finally, frequent changes to tax laws can make it difficult for SMEs to keep up. The Nigerian government frequently <br>changes tax laws, which can make it difficult for SMEs to plan for their tax obligations.<br>This abstract argues that the Nigerian government needs to take steps to improve tax compliance among SMEs. This <br>could include simplifying the tax system, providing more education and support to SMEs, and reducing the frequency <br>of changes to tax laws</p>