THE EFFECTS OF TAX POLICIES ON THE PERFORMANCE OF SMALL AND MEDIUM SIZE ENTERPRISES IN MUKONO
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Date
2024-09-30
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UCU
Abstract
This study investigates the impact of tax policies on the performance of small and medium sized enterprises (SMEs) in Mukono, Uganda. Using a mixed-methods approach, the
research explores how tax rates, tax compliance, and tax incentives influence SMEs’
financial performance, growth, and sustainability.
This study examines the impact of tax policies on the performance of small and medium sized enterprises (SMEs) in Mukono, Uganda, with a focus on tax compliance, tax
assessment, and performance.The research aims to:
Investigate the effects of tax policies on tax compliance among SMEs in Mukono.
Analyze the relationship between tax assessment and SME performance.
Examine the impact of tax policies on the financial performance and growth of SMEs in
Mukono.
A survey of 100 SMEs and in-depth interviews with 50 entrepreneurs reveal significant
relationships between tax policies and SME performance. The findings suggest that high
tax rates and complex tax compliance procedures hinder SME growth, while tax incentives
and simplification of tax procedures enhance performance. The study recommends tax
policy reforms to support SME development in Mukono, including reduced tax rates,
streamlined tax compliance, and targeted tax incentives. The research contributes to the
understanding of tax policy effects on SMEs in developing economies and informs policy
decisions to promote entrepreneurship and economic growth in Mukono.