Tax compliance and tax administration among SMEs.
| dc.contributor.author | SONKO SHAFIQ | |
| dc.date.accessioned | 2024-10-17T10:00:35Z | |
| dc.date.available | 2024-10-17T10:00:35Z | |
| dc.date.issued | 2024-09-11 | |
| dc.description.abstract | This research focused on understanding the different taxes that small and medium-sized businesses (SMEs) have to pay. It looks at various types of taxes, such as income tax, value-added tax (VAT), payroll taxes, and local taxes. By explaining these tax types, the study helps us understand the complicated tax rules that these businesses deal with. Knowing these tax requirements is important for understanding the financial challenges and compliance issues that small and medium businesses face. The research also looked at how SMEs in Uganda handle their tax responsibilities and what they think about different types of taxes. The results show that all businesses agree that the turnover tax is very important, with everyone giving it a high score and no disagreements, making it a key part of the tax system. VAT is also widely accepted. However, Pay As You Earn (PAYE) and corporate tax are less popular. The research showed that small and medium-sized businesses (SMEs) are more likely to follow tax rules when they want to support public services and avoid legal problems. These two reasons were the most important. However, worries about the government misusing money and the difficulty of filing taxes greatly affect how well SMEs follow tax rules. This shows the need for more transparency, simpler tax processes, and better communication from tax authorities. Suggested improvements include better support and education on PAYE and corporate tax, making VAT and local service tax rules easier to understand, offering tax incentives or benefits for SMEs, and increasing transparency and efficiency in tax administration. Simplifying tax procedures and addressing concerns about corruption are important for encouraging people to follow tax laws and trust the system. These measures aim to create a more supportive and clear tax environment that helps SMEs meet their tax obligations effectively. | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12311/1941 | |
| dc.language.iso | en | |
| dc.publisher | Ucu | |
| dc.title | Tax compliance and tax administration among SMEs. |