Journal
Metropolitan Journal of Academic Multidisciplinary Research
MJAMR
Taxation And Performance Of Small And Medium Sized Enterprises In Uganda; A Case Study Of Kebisoni Town Council, Rukugiri District
Katusiime Gorette, Nancy Musiimenta, Zikusooka Enock
| Journal | Metropolitan Journal of Academic Multidisciplinary Research (MJAMR) |
| Volume / Issue | Vol. 2, No. 12 |
| Published | 31 December 2023 |
| ISSN | 3006-4384 |
Abstract
The study aimed at taxation and performance of small and medium sized enterprises in uganda; a case study of Kebisoni town council, Rukugiri district and it was guided by the following objectives; To examine the relationship between tax compliance and the business performance of SMEs in Kebisoni Town Council, Rukugiri, to assess the relationship between tax rates and the business performance of SMEs in Kebisoni Town Council, Rukugiri and to analyze the relationship between tax incentives and the business performance of SMEs in Kebisoni Town Council, Rukugiri. A descriptive research design was adopted for the study since it focuses on the people as well as their attributes which enable the investigator to understand and examine the influence of taxation on SME performance. This was achieved using a survey questionnaire, observation schedule, and document analysis. The study population concentrated on Managers and employees of SMEs in Kebisoni Town Council. The study area was limited to this one SME in Rukugiri since the majority of the SMEs are established in urban areas. The findings in table 2 above reveal that tax rates had a significant effect on the performance of SMEs in Kebisoni Town Council since p – value (.000) was less that the significance level. The correlation coefficient (0.689) shown a strong positive relationship between tax rates, and the performance of SMEs in Kebisoni Town Council. Tax rates have a statistically significant strong positive effect on the performance of SMEs in Kebisoni Town Council, Rukugiri, Uganda. The study recommends that the government of Uganda should design an effective tax rate in such a way that it is not based on the taxable profits as demarcated in the law but on an economic measure which includes the impact of the tax base. This will lower the cost of production for the goods and services which will eventually ensure favorable prices for the goods and services being provided to the customers and thus increase sales turnover and the performance of SMEs in Uganda.
Keywords
taxation
performance
small and medium sized enterprises
Cite This Article
Katusiime Gorette, Nancy Musiimenta & Zikusooka Enock (2023). Taxation And Performance Of Small And Medium Sized Enterprises In Uganda; A Case Study Of Kebisoni Town Council, Rukugiri District. Metropolitan Journal of Academic Multidisciplinary Research, 2(12). https://journals.miu.ac.ug/pages/article.php?article_id=1630
More in This Issue
View full issue →
36
Procurement Practices And Organizational Performance In The Public Sector. A Case Of National Water And Sewage Cooperation, Kampala
procurement practices
organizational performance and public sector
37
Product Packaging And Sales Volume Of Bakery Industry: A Case Study Of Hot Loaf Bakery Mbarara Branch
Product
Packaging
Sales and bakery
38
Relationship Between Social Motivation and Employees’ Job Satisfaction in Kamwenge District, Uganda
Social Motivation
Organization
Human Resources
Employee Job Satisfaction
39
Teacher's Instructional Methods And Learners’ Academic Performance In English Subject In Secondary Schools, A Case Study Of Kirima Secondary School In Kanungu District
teacher's instructional methods
learners
academic performance and english subject
40
The Effect Of Labour Turnover On Organisational Performance. A Case Study Of Africa Polysack Industries (U) Limited
Labour
Turnover
Organization and Performance