DISABILITY TAX RELIEFS ON DISABILITY ENTREPRENEURIAL DEVELOPMENT THE CASE OF THE DISABILITY BUSINESS OWNERSHIP IN THE KUMASI METROPOLIS

Abstract

This study seeks to examine the impact of the disabled tax relief on the entrepreneurial growth of the disabled in the Kumasi Metropolis. The objective was to examine whether the disability tax relief contributes to the growth and success of the disabled entrepreneurs. It further sought to determine whether the disability tax relief influences the disable to file for tax relief and also decision to enter into business. To achieve this objective, a total of one hundred and fifty (150) questionnaires were sent out. The field survey indicated that 31% of the respondents were aware of the existence of the relief whiles 69% were not aware of the existence of the relief. Out of the 31% which represents 27 respondents who knew of the existence of the relief, 80% had filed for the relief whiles 20% had not .The tax relief would have been of great impact to the disabled entrepreneurs and their business if they were fully aware of its existence. Based on the response the researchers realized that, should the relief be granted to them, their tax burden will reduce, there will be an increase in their capital reserves and a decrease in their operational cost. The response also indicated that they face challenges such discrimination, lack of education and mobility issues. We therefore recommend that, there should be training programs such as vocational training should be organized for the disabled to take them off the streets and also, recognized associations must be formed for the disabled entrepreneurs so that they can be easily located by the government and other non-governmental organizations for assistance. There should also be public education about the relief and flexible procedures to make the general public aware of the existence of the relief and also help the disabled to easily access the relief.