Business Studies
Volume: 95 , Issue: 1 , February Published Date: 19 February 2022
Publisher Name: IJRP
Views: 684 , Download: 406 , Pages: 144 - 157
DOI: 10.47119/IJRP100951220222873
Publisher Name: IJRP
Views: 684 , Download: 406 , Pages: 144 - 157
DOI: 10.47119/IJRP100951220222873
Authors
| # | Author Name |
|---|---|
| 1 | Rexibal B. Plata, Jr. |
| 2 | Elymar A. Pascual |
Abstract
Nowadays, many projects by the Philippine government have been implemented in our society to provide benefits for all Filipinos. These became possible because of taxation, and one of the major taxpayers are sole proprietors. These business owners also experience the advantages that satisfy them in exchange for the taxes they pay. What?s interesting to know is that if the increase or decrease of satisfaction rate corresponds to an increase or decrease in the business performance of sole proprietorships. That?s why this study focused on determining the relationship between taxpaying benefits satisfaction and the performance of sole proprietors in Nagcarlan Central Business District. This study is a non-experimental quantitative research and the approach is descriptive correlational design. The sampling technique that was used was purposive sampling wherein the researcher chose 20 sole proprietors from Nagcarlan Central Business District. A survey questionnaire was used to collect data from the respondents that includes questions set on a 5-point Likert scale. It was found out that the taxpaying benefits satisfaction obtained a mean level of 3.66 while the business performance gained 4.09.Using Pearson-r, the p-value that the researcher got was 0.87, which is greater than the alpha level of 0.05. This means that there is no significant relationship between the taxpaying benefits satisfaction and the business performance of sole proprietors in Nagcarlan Central Business District. The recommendation for the government is to still be consistent in providing the necessary benefits to its stakeholders especially to sole proprietors and conduct a seminar for business owners regarding taxpaying benefits. For sole proprietors, they should still perform well in their respective businesses and always pay their taxes properly. The recommendation for future researchers is to conduct studies that are relevant to the topic of this and also use this research to support their works.