FACTORS THAT AFFECT TAX COMPLIANCE AMONG SMALL AND MEDIUM ENTERPRISES (SMES) IN LUSAKA, ZAMBIA

IF 2 Q2 BUSINESS, FINANCE

International Journal of Accounting Pub Date : 2020-06-24 DOI:10.47941/JACC.415

Mazwi Thabani, Eng Kasongo Mwale Richard

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引用次数: 5

Abstract

Purpose: Tax is an important stream of revenue for government’s development projects. However, tax compliance among SMEs is poor. Therefore, this study was conducted using SMEs in Lusaka, Zambia to evaluate and rank the factors that encourage non-compliance with tax obligation by SMEs. Methodology : The data analysis was done with the help of the statistical package for service solution (SPSS) and this hypothesis was tested with Microsoft Office Excel 2007 using the one sample z-test computed from the figures obtained in the summary statistics table. Findings: It was found that high tax rates and complex filing procedures are the most crucial factors causing non-compliance of SMEs. Other factors like multiple taxation and lack of proper enlightenment affect tax compliance among the SMEs interviewed only to a lesser extent. Unique contribution to theory, practice and policy: It is recommended that SMEs should be levied lower percentage of taxes to allow enough funds for business development and better chances of survival in a competitive market. The government should also consider increasing tax incentives such as exemptions and tax holidays as these will not only encourage voluntary compliance but also attract investors who are potential viable tax payers in the future.

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影响赞比亚卢萨卡中小企业纳税合规的因素

目的:税收是政府发展项目的重要收入来源。然而，中小企业的税收遵从性较差。因此，本研究以赞比亚卢萨卡的中小企业为研究对象，对促使中小企业不履行纳税义务的因素进行评估和排序。方法:使用SPSS软件进行数据分析，并使用Microsoft Office Excel 2007软件对该假设进行单样本z检验，检验方法由汇总统计表中得到的数据计算得出。研究发现:高税率和复杂的申报程序是导致中小企业不合规的最关键因素。其他因素如多重征税和缺乏适当的启蒙等对受访中小企业纳税合规的影响程度较小。对理论、实践和政策的独特贡献:建议对中小企业征收较低的税率，以便有足够的资金用于企业发展，并在竞争激烈的市场中获得更好的生存机会。政府也应该考虑增加免税和免税期等税收优惠措施，因为这不仅可以鼓励自愿遵守，而且还可以吸引未来有可能成为纳税主体的投资者。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Accounting BUSINESS, FINANCE-

CiteScore

1.20

自引率

0.00%

发文量

期刊介绍： The aim of The International Journal of Accounting is to advance the academic and professional understanding of accounting theory, policies and practice from the international perspective and viewpoint. The Journal editorial recognizes that international accounting is influenced by a variety of forces, e.g., governmental, political and economic. Thus, the primary criterion for manuscript evaluation is the incremental contribution to international accounting literature and the forces that impact the field. The Journal aims at understanding the present and potential ability of accounting to aid in analyzing and interpreting international economic transactions and the economic consequences of such reporting. These transactions may be within a profit or non-profit environment. The Journal encourages a broad view of the origins and development of accounting with an emphasis on its functions in an increasingly interdependent global economy. The Journal also welcomes manuscripts that help explain current international accounting practices, with related theoretical justifications, and identify criticisms of current policies and practice. Other than occasional commissioned papers or special issues, all the manuscripts published in the Journal are selected by the editors after the normal double-blind refereeing process.