Effect of local taxes on performance of micro businesses :
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Date
2018-05
Authors
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Journal ISSN
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Publisher
Kampala International University, College of Economics and Management
Abstract
Effect of local taxes on performance of micro businesses in Nakawa market With suspension of the graduated tax in 2001, there are other local taxes that are paid by micro businesses in Nakawa market. The study was carried out to identify the effect of local taxes on performance of micro businesses. The study employed a research design simple random sampling method on respondents by using the questionnaire, interview guide to collect raw data. The research revealed that local taxes collected include, Licenses, Market fees, special assessment and local service tax. The research also found out that the biggest reason for collecting local taxes
is to regulate business operations and it was also discovered that hatred between business operator and revenue collectors was the biggest challenge in the business. Prom the study, findings indicated that taxes collected from small scale businesses are used to provide better services like roads and increase government revenue which could not hinder the positive performance of micro businesses because taxes levied on them are reasonable but methods used in assessment are not good and some of business operator are not sensitized about the use of the taxes. Also research indicates that, generally micro businesses are performing moderately.
Description
A research report submitted to college of economics and management in partial fulfillment for the award of
Bachelors in Business Administration of Kampala International University
Keywords
local taxes, performance, micro businesses, Nakawa market