Assessing the Impact of Tax Reforms on Tax Compliance of Small and Medium Enterprises in Uganda
| dc.contributor.author | Duncan Price Asiimwe | |
| dc.date.accessioned | 2024-05-06T14:31:15Z | |
| dc.date.available | 2024-05-06T14:31:15Z | |
| dc.date.issued | 2023-11-03 | |
| dc.description.abstract | This study investigates the multifaceted impact of tax reforms implemented by Uganda Revenue Authority (URA) on revenue collection and domestic revenue mobilization, with a specific focus on small and medium enterprises (SMEs). The research comprehensively analyzes diverse URA reforms, including adjustments in tax rates, expansion of the tax base, and enhancements in tax administration efficiency. Our findings indicate that these reforms have a significant positive effect on revenue collection. Notably, strategies aimed at detecting and preventing tax evasion, coupled with continuous updates of tax policies in line with economic shifts and international best practices, have substantially contributed to increased revenue. Additionally, tax incentives and reforms encouraging investment have played a pivotal role in bolstering domestic revenue mobilization in the long term. The study delves into taxpayers' perspectives, revealing a nuanced landscape of compliance attitudes. Increased tax compliance is viewed favorably as a means to distribute the tax burden more equitably across society. Taxpayers’ express frustration towards entities engaged in tax evasion or aggressive tax avoidance, indicating a desire for fair and transparent tax practices. Moreover, taxpayers perceive compliance measures as deterrents against legal consequences for non-compliance, emphasizing the need for robust enforcement strategies. In light of these findings, the study recommends practical measures to further enhance tax compliance and revenue collection. These include early tax assessments, allowing staggered payments, intensive taxpayer education initiatives, and, critically, adopting business closure as a last resort in tax collection efforts. Furthermore, the study underscores the importance of coupling compliance measures with transparent communication, educational campaigns, and incentives to foster a culture of tax compliance among SMEs. This research provides valuable insights into the dynamics of tax reforms and compliance behavior within the SME sector in Uganda. The findings not only contribute significantly to the academic discourse but also offer actionable recommendations for policymakers and tax authorities, aiming to create a fair, transparent, and conducive tax environment conducive to economic growth and fiscal sustainability. | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12311/1397 | |
| dc.language.iso | en | |
| dc.publisher | Uganda Christian University | |
| dc.title | Assessing the Impact of Tax Reforms on Tax Compliance of Small and Medium Enterprises in Uganda | |
| dc.type | Dissertation |