Evaluating The Awareness Of Tax Laws And Compliance By Small And Medium Size Enterprise In The Ghanaian Economy Using Businesses In Tamale Metropolis As A Case Study

ABSTRACT

This research was aimed at evaluating the awareness of tax laws and compliance by Small and Medium size Enterprise in the Ghanaian economy using businesses in Tamale Metropolis as a case study. This study was conducted with the following as its objectives; Ascertain the level of awareness and knowledge of tax laws and regulations by SMEs, Examine factors affecting compliance with tax laws among SMEs and lastly to Evaluate tax agencies effort to ensure compliance. Employing the use of descriptive survey to describe the situation, phenomenon, attitudes, behavior, beliefs as well as opinions of people on the subject matter. A cross-sectional design was also used to guide in focusing on a snapshot to explore, describe and explain the situation of SMEs and compliance to tax laws. Through the analysis of data obtained using the above stated methodology, the following were revealed;