An Assessment Of The Imp Act Of Fiscal Policies On The Growth Of Small And Medium Enterprises In Tanzania A Case Study Of Sme's In Mazombe Division-Iringa Region Tanzania

ABSTRACT

In many developing countries, there is growing recognition that SME's have a very vital role to

play in economic development. SME's create employment, help achieve equitable income

distribution, alleviate poverty, build up local technological base, promote participation of

vulnerable groups patiicularly women in the development process, provide training ground for

entrepreneurial and managerial skills and opportunities for use of own capital resources as well

as act as ancillaries to large-scale enterprises. However, the development of SME's largely

depends on the policies in place and in paiiicular the tax structure of a given country. The aim of

this study was to determine the impact of fiscal policy on the growth of SME's in Tanzania. The

study was based in Mazombe Division and covered a sample size of 50 SME's. The

methodology used to select the sample size was stratified random sampling. Primary data was

collected using administered questionnaires. The data was analyzed using SPSS. The results

from the study showed that fiscal policies were not in the least supportive to the growth of

SME's. Further, the study also revealed that most SME owners did not register themselves as

legal entities as a way of evading tax and other mandatory payments. In addition, the study

showed that TRA officials who collected company tax from SME's where not honest enough and

capitalized on the ignorance of SME's owners. The study concluded that in order for SME's to

grow, there is need for various stakeholders to put up their effo11s into bringing the wheels of

SMEs into full stroke.

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APA

KILAVE, W (2021). An Assessment Of The Imp Act Of Fiscal Policies On The Growth Of Small And Medium Enterprises In Tanzania A Case Study Of Sme's In Mazombe Division-Iringa Region Tanzania. Afribary. Retrieved from https://tracking.afribary.com/works/an-assessment-of-the-imp-act-of-fiscal-policies-on-the-growth-of-small-and-medium-enterprises-in-tanzania-a-case-study-of-sme-s-in-mazombe-division-iringa-region-tanzania

MLA 8th

KILAVE, WASIWASI "An Assessment Of The Imp Act Of Fiscal Policies On The Growth Of Small And Medium Enterprises In Tanzania A Case Study Of Sme's In Mazombe Division-Iringa Region Tanzania" Afribary. Afribary, 03 Jun. 2021, https://tracking.afribary.com/works/an-assessment-of-the-imp-act-of-fiscal-policies-on-the-growth-of-small-and-medium-enterprises-in-tanzania-a-case-study-of-sme-s-in-mazombe-division-iringa-region-tanzania. Accessed 24 Nov. 2024.

MLA7

KILAVE, WASIWASI . "An Assessment Of The Imp Act Of Fiscal Policies On The Growth Of Small And Medium Enterprises In Tanzania A Case Study Of Sme's In Mazombe Division-Iringa Region Tanzania". Afribary, Afribary, 03 Jun. 2021. Web. 24 Nov. 2024. < https://tracking.afribary.com/works/an-assessment-of-the-imp-act-of-fiscal-policies-on-the-growth-of-small-and-medium-enterprises-in-tanzania-a-case-study-of-sme-s-in-mazombe-division-iringa-region-tanzania >.

Chicago

KILAVE, WASIWASI . "An Assessment Of The Imp Act Of Fiscal Policies On The Growth Of Small And Medium Enterprises In Tanzania A Case Study Of Sme's In Mazombe Division-Iringa Region Tanzania" Afribary (2021). Accessed November 24, 2024. https://tracking.afribary.com/works/an-assessment-of-the-imp-act-of-fiscal-policies-on-the-growth-of-small-and-medium-enterprises-in-tanzania-a-case-study-of-sme-s-in-mazombe-division-iringa-region-tanzania