Bruce-Twum, Ernest and P. Schutte, Daniel and Dlamini, Banele (2023) Tax Compliance Costs for SMEs: A Survey of Tax Professionals in Ghana on External Cost of Compliance. Theory, Methodology, Practice, 19 (2). pp. 3-15. ISSN 1589-3413
|
Text
2412-Article-Text-10881-1-10-20231122.pdf Available under License Creative Commons Attribution. Download (233kB) | Preview |
Abstract
The study sought to ascertain the magnitude of the external tax compliance costs incurred by SMEs in Ghana from the perspective of the tax professionals who provide the service. Tax professional firms were selected from the Institute of Chartered Accountants and the Chartered Institute of Taxation for the study. The study distinguished between the average annual costs for small, medium and larger firms to compute and file returns, deal with tax authorities, implement changes in tax laws, and maintain records for tax purposes on behalf of their clients. The cost was found to be regressive in nature, indicating that the burden was relatively higher for small businesses.
Item Type: | Article |
---|---|
Uncontrolled Keywords: | Small and Medium-sized Enterprises, Tax compliance costs, External tax compliance costs, Tax professionals, Ghana |
Subjects: | H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány H Social Sciences / társadalomtudományok > HG Finance / pénzügy |
Depositing User: | Andrea Tankó |
Date Deposited: | 17 Jan 2024 13:54 |
Last Modified: | 17 Jan 2024 13:54 |
URI: | http://real.mtak.hu/id/eprint/185017 |
Actions (login required)
![]() |
Edit Item |