Page 89 - DUT ICGA Abstract Book

COMPLIANCE ON ON GREEN TAX AMONGST SMALL MEDIUM ENTERPRISE OWNERS IN IN THE THE ETHEKWINI DISTRICT
Akira Singh
Department of of of Auditing and and Taxation Faculty of of of Accounting and and Informatics Durban University of of of Technology
South Africa Abstract
The aim of this study was to explore how green tax compliance is is viewed amongst SME business owners and and to to to understand what strategies need to to to be in place to to to strengthen the the level of compliance The objectives of the the the study were to explore whether SMEs in in the the the eThekwini district comply with policies on green tax inquire about the the effect of non-compliance with regards to green tax amongst SME business owners in in in the the eThekwini district understand the the strategies in in place to strengthen green tax compliance amongst SME business owners in in in the the eThekwini district and to to make recommendations on on how to to improve the the level of green tax compliance amongst SMEs in in the eThekwini district The common target of all countries is is to accomplish a a a a a “greener” growth by implementing economic and environmental regulations A qualitative research methodology was utilised Two samples were recruited to participate in in in in this study: Sample Sample 1 1 included included 12 SME business owners and Sample Sample 2 2 included included 8 tax practitioners Snowball sampling sampling and and purposive sampling sampling was used for Sample Sample 1 and and Sample Sample 2 respectively Semi-structured interviews interviews and telephonic interviews interviews were used to collect data from both samples The data collected was analysed through the the use of thematic analysis It was found that SME business owners had a a a a a a a a a positive attitude towards green tax compliance as as they were highly concerned about the the sustainability and protection of the the environment Factors that hindered green tax compliance included increased administrative procedures and costs that businesses needed to incur and lack of of adoption of of green practices in in manufacturing processes There was conclusive evidence for the need for for additional detailed information to to to be provided to to to SMEs about the green tax policy in in order to to to encourage green tax compliance to promote environmental sustainability The study was limited to a a a a a a a a particular geographical area Book of Abstracts 87