Annual tax compliance costs for small businesses: a survey of tax practitioners in South Africa
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | Annual tax compliance costs for small businesses: a survey of tax practitioners in South Africa | |
| Creator | Smulders, Sharon Stiglingh, Madeleine | |
| Description | This study provides a baseline measurement for annual tax compliance costs for small businesses. An empirical study performed amongst tax practitioners to identify and measure the annual tax compliance costs for small businesses throughout South Africa revealed that R7 030 per annum is the average fee that tax practitioners charge their small business clients to ensure that their tax returns (for four key taxes income tax, provisional tax, value added tax and employees tax) are prepared, completed and submitted as SARS requires. From the perspective of time and cost, preparing, completing and submitting VAT returns takes the longest and costs the most. It is evident that, overall, the compliance costs are regressive: the smaller the business, the heavier the burden. | |
| Publisher | AOSIS Publishing | |
| Date | 2012-10-19 | |
| Identifier | 10.4102/sajems.v11i3.464 | |
| Source | South African Journal of Economic and Management Sciences; Vol 11, No 3 (2008); 354-371 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/464/184
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