The impact of intermediate money transfers tax (IMTT) on performance of SMES: Case Study of Lester Systems (PVT) LTD
The study sought to investigate the impact of IMTT on performance of SMEs using a case study of Creative Systems. The study used a quantitative approach. Questionnaires were used in this study. The sample had 33 participants and the responded questionnaires were 25, the interview responded to wer...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | research article |
| Language: | English |
| Published: |
AnKa Publisher
2023
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| Subjects: | |
| Online Access: | https://cris.library.msu.ac.zw//handle/11408/5375 |
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| Summary: | The study sought to investigate the impact of IMTT on performance of SMEs using a case study
of Creative Systems. The study used a quantitative approach. Questionnaires were used in this
study. The sample had 33 participants and the responded questionnaires were 25, the
interview responded to were 60%. Reliability and validity of the questionnaire were tested
using Cronbach’s Alpha and Pearson’s Correlation, respectively. The findings were presented
using descriptive statistics with the aid of Ms.Excel and “FastStatistics” applications. The study
revealed that IMTT had negative impact on performance of SMEs, using frequency of
transactions, suppliers’ payments, financial performance and tax compliance as measures of
performance. However, the results from tax compliance were not reliable and valid. Therefore,
the researchers recommended the managers of similar set up to utilize other methods of costs
control rather than evading taxes. The research calls for further studies using quantitative data
from secondary sources to investigate the significance of the impact of IMTT on financial
performance. |
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