Impact of Financial Education on Tax Compliance of Small and Medium-Size Enterprises in Zambia
Impact of Financial Education on Tax Compliance of Small and Medium-Size Enterprises in Zambia

Author: Salome Mukoboto

Publisher: GRIN Verlag

Published: 2023-08-30

Total Pages: 41

ISBN-13: 3346931226

DOWNLOAD EBOOK

Master's Thesis from the year 2023 in the subject Business economics - Investment and Finance, grade: B, , course: MBA Finance, language: English, abstract: Small and medium size enterprises (SMEs) are all around us. According to the International Trade Credit Survey of 2018, SMEs in Zambia represent 70 percent of Gross Domestic Product(GDP), 88 percent of employment and contribute 97 percent of all businesses in the economy. From a small barbershop around the corner to a woman selling tomatoes at the street corner, the categorization is the same. Like many larger enterprises, small businesses exist with a view to make a profit. The reason for this study is to give attention to these numerous SMEs. A broader analysis will enable various stakeholders to have a clearer picture of what exists on the ground. The importance of SMEs cannot be stressed enough. From providing a source to exchange skills to ensuring that big corporations do not take advantage of the masses, the existence of SMEs remains vital in the world today. SMEs play a role in the manufacture of raw materials required by big corporations. Further, they play a significant role in the supply chain by ensuring that finished products are moved to and from even targeting the most remote areas of the country.

The Nexus of Tax Education and Compliance Among Small Business Enterprises
The Nexus of Tax Education and Compliance Among Small Business Enterprises

Author: Cosmas Mwanza

Publisher: GRIN Verlag

Published: 2019-12-20

Total Pages: 29

ISBN-13: 3346087638

DOWNLOAD EBOOK

Academic Paper from the year 2019 in the subject Business economics - Accounting and Taxes, , course: Tax compliance, language: English, abstract: The study set out to investigate the influence of tax education on tax compliance. It unearthed a lacuna between tax education and tax compliance which indicated an interplay between the theories of economic deterrent, reasoned action and the theory of planned behavior. Tax non-compliance was attributed to unfairness, dishonesty by colleagues submitting incorrect tax returns, and the complexity of the tax system and tax forms. The issue of tax compliance from SMEs in developing countries has remained a blighting problem for a long time. Despite tax education being diagnosed as the panacea for improving tax compliance from small business owners, the situation has not changed. A divide regarding the issue of tax education as influencing the collection of tax from SMEs still exists among researchers. Some scholars indicate a positive effect of tax education on compliance and others view tax education as a recipe for propagating tax evasion. However, for developmental projects to improve the lives of the citizenry, educating tax-payers aims to improve revenue collection from this category of business people. This study employed an exploratory concurrent mixed research approach on 98 SMEs operating within the Ojtiwarongo district.

Tax compliance and representation in Zambia’s informal economy
Tax compliance and representation in Zambia’s informal economy

Author: Resnick, Danielle

Publisher: Intl Food Policy Res Inst

Published: 2019-01-03

Total Pages: 30

ISBN-13:

DOWNLOAD EBOOK

What drives tax compliance among informal workers and does it affect demands for political representation? While these questions have been posed previously in political economy scholarship, there are few studies that examine these dynamics among informal workers, who constitute the majority of the population in developing countries. Contrary to assumptions that informal workers fall outside the tax net, they often encounter a variety of taxes collected by national and local authorities. Based on an original survey with 823 informal workers across 11 markets in Zambia’s capital, Lusaka, and interviews with relevant policymakers, this paper finds that compliance tends to be higher among those workers operating in markets with better services, providing support for the fiscal exchange hypothesis. Moreover, using a vote choice experiment, I find that those who pay taxes, regardless of how much they pay, are more likely than those who do not to vote for a hypothetical mayoral candidate interested in improving market services and stall fees rather than one interested in broader social goods, such as improving education and schools in Lusaka. The results suggest that even among a relatively poor segment of the population, tax revenue can be mobilized if the benefits of those taxes are directly experienced and that just the process of paying taxes can affect an individual’s demand for representation by policymakers.

Tax simplification - An African Perspective Edited by Chris Evans, Riël Franzsen, Elizabeth (Lilla) Stack 2019
Tax simplification - An African Perspective Edited by Chris Evans, Riël Franzsen, Elizabeth (Lilla) Stack 2019

Author: Edited by Chris Evans, Riël Franzsen, Elizabeth (Lilla) Stack

Publisher: Pretoria University Law Press

Published: 2019-01-01

Total Pages: 371

ISBN-13: 1920538968

DOWNLOAD EBOOK

Tax simplification - An African Perspective Edited by Chris Evans, Riël Franzsen, Elizabeth (Lilla) Stack 2019 ISBN: 978-1-920538-96-5 Pages: 347 Print version: Available Electronic version: Free PDF available About the publication Why are tax systems so complex and what are the causes and consequences of such complexity? The simplification of tax systems is one of the most important issues faced today in worldwide efforts to modernise and strengthen government finance and revenue raising capacities. Nowhere is it more important than throughout the rapidly emerging economies of the dynamic African region. This volume brings together contributions in this field from a conference held in South Africa in October 2018 and provides a unique synthesis of knowledge and understanding gained from the specialist expertise and diverse backgrounds brought to the tax simplification debate by those authors. Featured topics include: Taxpayers’ rights to simplicity The African experience of tax simplification Simplification trends among small and medium sized entities Pension tax simplification Sources of complexity in value added taxation Simplification of recurrent property taxes Complexity and approaches to international taxation Complexity and taxation of multinational enterprises Lessons from overseas. The analysis of these topics includes timely and relevant perspectives from the experience in other jurisdictions including Australia, Canada, New Zealand, the United Kingdom and the United States. The volume will be an essential reference for researchers and others interested in the field from academia, government, legal and accounting practice and public policy organisations in African and other countries worldwide.Table of Contents Preface Foreword – Tax Simplification in the United Kingdom: Some Personal Reflections John Whiting Contributors Introduction Elizabeth (Lilla) Stack, Chris Evans and Riël Franzsen Tax Complexity and Tax Simplification: A Critical Review of Concepts and Issues Binh Tran-Nam, Annet Wanyana Oguttu and Kyle Mandy The Taxpayers’ Right to Tax Simplicity in South Africa and the United States Carika Fritz and Nina E Olson The Role of the Office of Tax Simplification in the United Kingdom and Lessons for Other Countries Yige Zu and Lynne Oats An Analysis of the Tax Simplification Initiatives for Pension Provision in the United Kingdom and South Africa Bernadene de Clercq, Andy Lymer and Chris Axelson Simplification Lessons from New Zealand Adrian Sawyer, Marina Bornman and Greg Smith Legal Uncertainty in the South African VAT Marius van Oordt and Richard Krever Simplifying Recurrent Property Taxes in Africa Riël Franzsen, Abdallah Ali-Nakyea and Adams Tommy Statutory and Effective Complexity for Individual Taxpayers in South Africa Sharon Smulders, Karen Stark and Deborah Tickle Small and Micro Businesses: Case Studies on the Complexity of ‘Simplified’ Schemes Heinrich Dixon, Judith Freedman and Wollela Abehodie Yesegat Tax Complexity for Multinational Corporations in South Africa – Evidence from a Global Survey Thomas Hoppe, Reyhaneh Safaei, Amanda Singleton and Caren Sureth-Sloane International Tax Simplification in South Africa through Managing Substantive Complexity and Improving Drafting Efficiency Jinyan Li and Teresa Pidduck Bibliography Index