Updates
🌟 August 2026 Issue Published: New research articles now available in our latest journal issue. Discover cutting-edge findings. Read More 📢 Call for Papers: October 2026: Submit your research for peer review. Open access publishing with global visibility. Read More 🚀 Continental Scholarly Publications: Join our new multidisciplinary research journal platform. Publishing excellence since 2024. Read More 🎯 Special Issue: Digital Health: Call for papers on digital health innovations. Submission deadline: September 15 Read More 💼 Early Career Researcher Support: Special mentorship program and reduced fees for PhD candidates and new researchers. Read More 🔬 New Research Areas Open: Now accepting submissions in AI Ethics, Climate Science, and Public Health Innovation. Read More 🌐 Global Academic Network: Connect with researchers from 65+ countries through Continental Scholarly Publications. Read More ⏰ Fast-Track Peer Review: Accelerated review process available. Get decisions within 3 weeks. Read More

Journal of Accounting, Auditing, and Finance Studies

Peer-Reviewed Academic Journal
Research Article

TAX REFORM AND BUSINESS SUSTAINABILITY: A STUDY OF SELECTED SMES IN ANAMBRA STATE

Authors & Affiliations
Uju Ekpe
Department of Accounting and Finance, College of Humanities and Management Sciences, Mountain Top University, Ibafo Ogun State
Published: July 10, 2025
Volume 12, Issue 4 (2024)
Article ID: 972
Peer-Reviewed
Open Access
Abstract

The study examined the influence of tax reform on business sustainability of selected SMEs in Anambra state. The specific objective was to analyse the extent to which value-added tax reform, online tax payment platform and integrated tax administration system influence financial sustainability of selected SMEs in Anambra state. This study adopted a descriptive survey research design. The population of the study comprises 631 staff members from selected SMEs operating in Anambra state. Stratified sampling was used to select a sample size of 244. Primary data were collected from the respondents using structured questionnaire. Descriptive analysis was conducted using frequency, mean and percentage. Spearman ranked correlation was used to test the hypotheses. The study found that: value-added tax reform has a significant positive influence on financial sustainability of selected SMEs in Anambra state, online tax payment platform has a significant positive influence on financial sustainability of selected SMEs in Anambra state, and integrated tax administration system has a significant positive influence on financial sustainability of selected SMEs in Anambra state. In conclusion, well-designed reforms can facilitate a more cooperative relationship between tax authorities and the business community, reinforcing sustainable economic development through mutual trust and transparency. The study recommends that the Federal and State Governments continue to refine and expand value-added tax (VAT) reforms, ensuring that these reforms are tailored to the needs of SMEs by simplifying the VAT process, reducing compliance costs, and enhancing the transparency of VAT administration to further promote financial sustainability among SMEs.

Full-Text Access

Open-access article — free to read and share.

Publish Your Research in This Journal

Continental Scholarly Publications applies rigorous double-blind peer review to every submission. Our expert editorial board ensures your work meets the highest standards of scholarship before reaching an international readership.

Double-Blind Review Global Indexing Fast Turnaround Open Access DOI Assigned Wide Readership
Submit a Manuscript