The impact of taxes on performance of small scale businesses in Makindye Division: a case study of Nsambya parish
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Date
2017-07
Authors
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Publisher
Kampala International University.College Of Economics and Management
Abstract
The purpose of this study was to establish the impact of taxes on performance of small scale
business enterprises in Makindye division. The study was guided by three research objectives
specifically to assess the performance of small scale business enterprises, to find out impact of
taxes on performance of small scale business enterprises and to find out constraints to growth of
small scale business in Makindye division. The study involved secondary sources of data where
the researcher related his study to different author's work and authentication and afterwards he
made conclusions. The study used both qualitative and quantitative research design to get an
estimation of the respondents' views in regard to the objectives of the study. The target
population was market vendors, shop attendants and customers. The study therefore used a
sample of 60 respondents from a target population of 70 through use of Slovene's formula. It
employed only Random sampling to avoid bias in data presentation. This study also used both
primary and secondary sources which all involved data from the field and literature already
written by other authors. Due to I imited time the researcher only used questionnaires
(respondent's fill-in what they knew about the topic in regard to the formulated questions). After
data collection, it was ethically analyzed by use of frequency tables and percentages in addition
to bar graphs. The findings revealed that male participated more in the study with a percentage of
66.7% and 33.3% for female respectively, respondents aged 30-35 years participated more than
other age groups with a percentage of 41. 7%, most of the respondents were certificate holders
(reached secondary) with a 50% response yet a high percentage of them were married with a
65% response in comparison to other status. The study findings depicted that most respondents
with a 66.7% response agreed to the statement that small scale business enterprises have
increased production levels, have helped businesses to make sales that sustain their expenses
(73.3%). Objective two analyzed that respondents agreed that taxes provide security to small
scale businesses (81.7%), taxes increase prices of commodities (71.6%) and taxes change the
distribution of income (83.4%) and constraints included inadequate market skills, ignorance
about taxes and lack of skilled labor. The study concluded that small scale business enterprises
have fought poverty amongst the disadvantaged groups; however challenges still exist hence
recommendations go to all stakeholders and public to work towards the above challenges for
positive results in small scale businesses.
Description
Dissertation submitted to the college of economics and management in partial fulfilment of the requirements for the a ward of a bachelor's degree of business administration of Kampala International University
Keywords
Taxes, Performance, Small Scale Businesses, Makindye Division, Nsambya parish