Effect Of Capital Allowances On The Performance Of Small And Medium Scale Enterprises

(A CASE STUDY OF SELECTED CONSTRUCTION COMPANIES IN NIGERIA)   CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Historically, Nigeria’s experience of taxation predates the colonial period. The Hausas of Northern Nigeria were paying taxes, though in kind, to the Emir in return for security and common services. However, with the advent of the colonialists, direct taxation was introduced in 1904 by Sir Lord Lugard, the then British appointed Governor. Its implementation started first in the North and later in the Southern and Eastern regions. According to Ezejelue and Ihen…