<![CDATA[Effective tax planning is critical to the success of Small and Medium Enterprises (SMEs) as it reduces tax costs and allows the business to continue operating and growing. The methodology of this research is literature reading. The results showed that SMEs that successfully utilise tax planning can significantly reduce tax liabilities and provide greater financial stability. The investigation also revealed that a functional financial system, which involves accurate financial record-keeping and utilisation of modern accounting technology, is critical to effective tax planning. As a result, the implementation of effective tax planning strategies can generate long-term competitive advantage for small businesses, facilitating growth and competitiveness in a competitive market.]]>
Copyrights © 2024
