Record Details

The Awareness of Employees on Tax Relief Scheme in Ghana

International Business and Management

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Field Value
 
Title The Awareness of Employees on Tax Relief Scheme in Ghana
 
Creator Agyei, Albert
Gyamerah, Samuel
 
Subject
Tax; Employees; Tax reliefs; Tax payers

 
Description Tax relief is a legally approved allowance intended to reduce one’s taxable income and thereby lessen the tax burden. It is intended to cushion the effect of tax on the individual and to make it bearable for him or her to pay the tax. Since tax reliefs have as an objective to lessen the tax burden of the tax payer, governments all over the world have come out with different tax relief schemes. Ghana government is no exception to this. Unfortunately, this scheme which is supposed to lessen the tax burden has not been taken advantage of by tax payers in Ghana, according to the Minister of finance of Ghana. This whipped the interest of the researchers to find out the awareness of tax payers particularly, employees on the tax relief schemes in Ghana. The population of the study comprised all employees of the private and public sectors of Ghana. The respondents were purposively selected from Greater Accra, Ashanti and Brong Ahafo regions of Ghana. Primary data was collected to serve as the main source of data through the use of self-structure questionnaire. The researchers distributed one hundred and fifty (150) questionnaires each in Greater Accra and Ashanti regions and one hundred (100) in Brong Ahafo Region. Two hundred and nineteen (219) questionnaires were received and used for the study. The study found that employees are aware of the tax relief schemes available to employees in Ghana, only that few have accessed or claimed from the scheme before. Key words: Tax; Employees; Tax reliefs; Tax payers
 
Publisher Canadian Research & Development Center of Sciences and Cultures
 
Contributor
 
Date 2014-08-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article

 
Format application/pdf
 
Identifier http://www.cscanada.net/index.php/ibm/article/view/5233
10.3968/%x
 
Source International Business and Management; Vol 9, No 1 (2014): International Business and Management; 79-83
1923-8428
1923-841X
 
Language eng
 
Relation http://www.cscanada.net/index.php/ibm/article/view/5233/pdf_76
 
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