Effect of Taxpayer Awareness and Compliance Costs on Tax Compliance among Small Scale Traders in Nakuru Town, Kenya

Simple item page
dc.contributor.authorOmondi, Judith Adhiambo
dc.contributor.authorTheuri, J. M.
dc.date.accessioned2020-11-27T07:38:20Z
dc.date.available2020-11-27T07:38:20Z
dc.date.issued2019
dc.descriptionAn Article Published International Academic Journal of Economics and Financeen_US
dc.description.abstractSmall scale traders are fast growing sectors of the economy due to their simple nature of operations. The growth of this sector of the economy is due to the increase in unemployment rate as a result of increase in population. It is therefore important for the government to tap the revenue from this sector to contribute to the overall revenue of the country. Tax is a vital source of revenue for the government yet it has never been easy for the tax authorities to ensure that most taxpayers are complying with the set laws and regulations of taxation. The level of tax compliance has been a major issue of concern to every government and more so to tax authorities around the world due to the increase in the budgetary requirement of the country. The study was specifically done to investigate the effect of tax awareness and cost of compliance on tax compliance in the small scale traders within Nakuru town. The study was guided by the economic deterrent and psychological theories of tax compliance. The study used descriptive research design. A sample size of 302 was drawn from the target population of 1416 licensed small scale traders by the County government of Nakuru. Data was collected using structured questionnaire. The data was also coded, analysis was done quantitatively using both inferential and descriptive statistics. The data was then summarized in form of tables and charts. The findings revealed that tax awareness and education has a positive and significant effect on the tax compliance (β2 = 0.315), and the cost of compliance has a significant effect on the level of tax compliance (β1 = 0.416). The findings of this study will help in policy formulation and the Kenya Revenue Authority to come up with policy to foster compliance among the small traders and thereby translating to improved revenue collection. The study recommends enhanced training and sensitization to create awareness and reduce compliance cost and simplify online technology for the overall positive impact on compliance among the SMEs.en_US
dc.identifier.citationOmondi, J. A. & Theuri, J. M. (2019). Effect of taxpayer awareness and compliance costs on tax compliance among small scale traders in Nakuru town, Kenya. International Academic Journal of Economics and Finance, 3(3), 279-295en_US
dc.identifier.issn2518-2366
dc.identifier.urihttp://ir-library.ku.ac.ke/handle/123456789/21015
dc.language.isoenen_US
dc.publisherInternational Academic Journalsen_US
dc.subjectTaxpayer awarenessen_US
dc.subjectCompliance costsen_US
dc.subjectTax complianceen_US
dc.subjectSmall scale tradersen_US
dc.subjectNakuru townen_US
dc.subjectKenyaen_US
dc.titleEffect of Taxpayer Awareness and Compliance Costs on Tax Compliance among Small Scale Traders in Nakuru Town, Kenyaen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Effect of taxpayer awareness....pdf
Size:
433.11 KB
Format:
Adobe Portable Document Format
Description:
Full Text Article
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
RP-Department of Business Administration