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...
Saved in:
| Main Authors: | , , |
|---|---|
| Other Authors: | |
| Format: | research article |
| Language: | English |
| Published: |
AnKa Publisher
2023
|
| Subjects: | |
| Online Access: | https://cris.library.msu.ac.zw//handle/11408/5375 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1779905284578213888 |
|---|---|
| author | Vimbainashe Chizana Sitsha Lovemore Wadesango Newman |
| author2 | Midlands State University, Gweru, Zimbabwe |
| author_facet | Midlands State University, Gweru, Zimbabwe Vimbainashe Chizana Sitsha Lovemore Wadesango Newman |
| author_sort | Vimbainashe Chizana |
| collection | DSpace |
| description | 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. |
| format | research article |
| id | ir-11408-5375 |
| institution | My University |
| language | English |
| publishDate | 2023 |
| publisher | AnKa Publisher |
| record_format | dspace |
| spelling | ir-11408-53752023-03-02T14:34:49Z The impact of intermediate money transfers tax (IMTT) on performance of SMES: Case Study of Lester Systems (PVT) LTD Vimbainashe Chizana Sitsha Lovemore Wadesango Newman Midlands State University, Gweru, Zimbabwe Midlands State University, Gweru, Zimbabwe University of Limpopo, Polokwane, South Africa: Intermediate money transfers SME Financial performance Costs control 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. 20 19 928 939 2023-03-02T14:34:48Z 2023-03-02T14:34:48Z 2022-12 research article https://cris.library.msu.ac.zw//handle/11408/5375 10.48047/nq.2022.20.19.NQ99085 en NeuroQuantology 1303 - 5150 open AnKa Publisher |
| spellingShingle | Intermediate money transfers SME Financial performance Costs control Vimbainashe Chizana Sitsha Lovemore Wadesango Newman The impact of intermediate money transfers tax (IMTT) on performance of SMES: Case Study of Lester Systems (PVT) LTD |
| title | The impact of intermediate money transfers tax (IMTT) on performance of SMES: Case Study of Lester Systems (PVT) LTD |
| title_full | The impact of intermediate money transfers tax (IMTT) on performance of SMES: Case Study of Lester Systems (PVT) LTD |
| title_fullStr | The impact of intermediate money transfers tax (IMTT) on performance of SMES: Case Study of Lester Systems (PVT) LTD |
| title_full_unstemmed | The impact of intermediate money transfers tax (IMTT) on performance of SMES: Case Study of Lester Systems (PVT) LTD |
| title_short | The impact of intermediate money transfers tax (IMTT) on performance of SMES: Case Study of Lester Systems (PVT) LTD |
| title_sort | impact of intermediate money transfers tax (imtt) on performance of smes: case study of lester systems (pvt) ltd |
| topic | Intermediate money transfers SME Financial performance Costs control |
| url | https://cris.library.msu.ac.zw//handle/11408/5375 |
| work_keys_str_mv | AT vimbainashechizana theimpactofintermediatemoneytransferstaximttonperformanceofsmescasestudyoflestersystemspvtltd AT sitshalovemore theimpactofintermediatemoneytransferstaximttonperformanceofsmescasestudyoflestersystemspvtltd AT wadesangonewman theimpactofintermediatemoneytransferstaximttonperformanceofsmescasestudyoflestersystemspvtltd AT vimbainashechizana impactofintermediatemoneytransferstaximttonperformanceofsmescasestudyoflestersystemspvtltd AT sitshalovemore impactofintermediatemoneytransferstaximttonperformanceofsmescasestudyoflestersystemspvtltd AT wadesangonewman impactofintermediatemoneytransferstaximttonperformanceofsmescasestudyoflestersystemspvtltd |