The Effects of Economic Factors on Tax Compliance by Small and Medium Enterprises of Tamale Metropolis in Ghana
Asian Journal of Economics, Business and Accounting · pp. 44–53 · Published 16 May 2022
10.9734/ajeba/2022/v22i1530628Abstract
In a case study on Small and Medium Enterprises (SMEs) in the Tamale Metropolis, the researcher looked at the economic factors that influence tax compliance by the SMEs with the review of relevant literature. Regression technique and correlation were employed for the analysis in the determination of the relationship between the variables of study. The study found that tax rates have positive and insignificant effect on tax compliance by the SMEs; that income levels have positive and significant effect on tax compliance by the SMEs; and that fines/penalties exert positive and significant influence on tax compliance by the SMEs in Ghana. The study recommended that government should formulate and implement policies on enacting high tax rates, imposition of fines & penalties, and enhancing incomes to improve upon the overall tax compliance of SMEs in the republic of Ghana.
Cited by 4
Augustina Kwakye, Adjei Amaniampong, Bernard Opoku Frimpong · Ilomata International Journal of Tax and Accounting · 2026
Ibrahim Zubairu, Patrick Atiawin, Ahmed Iddrisu · International Journal of Business and Economics Research · 2025
Gyau, E. K., Ocansey, E. O. N. D., Yeboah, K. P. · African Journal of Accounting and Financial Research · 2025
Showing 3 of 4 known citations — external sources report more than can currently be individually listed.
Related research
- Blockchain and Tax Administration: Disruptive Innovations for Compliance and Revenue Collection — shares topic coverage
- Determinants of Tax Compliance of Micro and Small Business Enterprise (MSE) Category “C” Taxpayers, the Case of Gurage Zone, Ethiopia — shares topic coverage
- The Effects of Tax Education on Government Revenue Collection: The Case of Small and Medium Enterprises in Morogoro Municipality, Tanzania — shares topic coverage
- Analysis of Tax Structure Performance and its Ratio in Indonesia — shares topic coverage
- The Effects of Personal Income Tax Evasion on Socio-economic Development in Ghana: A Case Study of the Informal Sector — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
4
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.