Tax Compliance Perceptions and Formalization of Small Businesses in South Africa

Tax Compliance Perceptions and Formalization of Small Businesses in South Africa

This paper is based on large-scale surveys of formal and informal small businesses in South Africa, including questions about their experiences and perceptions about tax compliance, tax morale, and related variables. The survey findings suggest tha...

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Bibliographic Details
Main Authors: Coolidge, Jacqueline, Ilic, Domagoj
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACCESS TO FINANCING
AUDITS
BALANCE SHEET
BANK POLICY
BUSINESS OPPORTUNITIES
CASH PAYMENTS
COMPLIANCE COST
CURRENCY
ELECTRONIC FINANCE
EXPENDITURES
FACTORS OF PRODUCTION
FINANCIAL HEALTH
FINANCIAL SUPPORT
FOREIGN INVESTMENT
FORMAL SECTOR
INFORMAL ECONOMIES
INFORMAL ECONOMY
INFORMAL SECTOR
INFORMATION SYSTEMS
INTERNATIONAL BANK
INVESTMENT CLIMATE
JOINT-STOCK COMPANIES
JURISDICTIONS
LEVEL OF RISK
LOCAL EXPENDITURES
LOCAL GOVERNMENT
LOCAL GOVERNMENTS
MICRO ENTERPRISES
MICRO-ENTERPRISES
MONEY SUPPLY
NATIONAL TREASURY
PAYMENT METHOD
PERSONAL INCOME
PERSONAL INCOME TAX
PRIMARY SECTOR
PUBLIC ECONOMICS
PUBLIC FINANCE
PUBLIC GOODS
PUBLIC SERVICES
RATE OF RETURN
RED TAPE
RISK MANAGEMENT
SECTOR STRUCTURE
SERVICES SECTOR
SMALL BUSINESS
SMALL BUSINESSES
TAX
TAX ACCOUNTING
TAX ADMINISTRATION
TAX AMNESTY
TAX AUTHORITIES
TAX BURDENS
TAX COMPLIANCE
TAX COMPLIANCE COSTS
TAX EVASION
TAX FORMS
TAX LEGISLATION
TAX OBLIGATION
TAX OBLIGATIONS
TAX OFFICES
TAX POLICY
TAX RATE
TAX RATES
TAX REFUNDS
TAX REGIME
TAX RESEARCH
TAX RETURNS
TAX REVENUES
TAXATION
TAXPAYERS
TELECOMMUNICATIONS
TRANSITION COUNTRIES
TRANSPARENCY
TURNOVER
TURNOVER TAX
VALUE OF ASSETS
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090713114815
http://hdl.handle.net/10986/4183
Description
Summary:This paper is based on large-scale surveys of formal and informal small businesses in South Africa, including questions about their experiences and perceptions about tax compliance, tax morale, and related variables. The survey findings suggest that formalization is more likely to take place in urban areas, involving relatively larger firms, and those who already use proper bookkeeping. Informal firms who said they were likely to register for tax in the near future were more likely than other informal firms to report higher satisfaction with government services, and to believe most businesses pay their taxes. The most-cited advantages of being registered for tax included better access to government services, better access to financing, and better opportunities for growth.

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