How Price Of Efds Machine Is Affecting Users From...

Going by observations many business people are complaining on the price of EFD machine starting from cheapest ETR machines to other expensive EFD machine such as ESD. The price of machine has been center of attraction for many complaints since introduction of EFD machines in Tanzania where some of taxpayer are boycotting acquiring and using EFD machine due to its price. (Ngowi, 2014) Despite appealing by the government that the pricing are fair compared to other countries implementing EFDs in monitoring revenues, many traders are unwilling to procure and use EFD machines (Daily News, 2013). This riots and boycotting are repeatedly occurring at Kariakoo and other urban areas were many business people are boycotting acquisition of EFD machine because of its price. The costs of acquiring EFDs are not well researched and few researchers concentrated on the impacts of EFDs in boosting revenues. In this study we will analyze how price of EFDs machine is affecting users from acquiring and i mplementing EFD system and provide the possible solutions on implementations of EFDs. Frequent network failures are also causing many riots due to delaying in sending daily report and inability to use the EFDs before sending daily reports (Nation Media, 2015). For this instance taxpayer are prompted to use manual invoices which are not allowed during the delaying time and this can results huge penalties and fines for failure to comply with EFD regulations as per requirements of The Income TaxShow MoreRelatedChallenges Faced By Taxpayers Implementation Of Efds System1673 Words   |  7 Pagestaxpayers in implementing EFDs system in Tanzania. To attain this, the studies were guided by the following objectives; affordability of prices of EFDs, to analyze network failures challenges users from acquiring and using EFD machines, to examine challenges of frequent EFDs machine breakdown, to assess knowledge of right EFD machine by business people, to assess whether monitoring EFD uses by sending daily reports is a hindrances to the users of EFD devices, to examine quality of EFD receipts andRead MoreThe Theory Of Equal Sacrifice, Rational Expectation Theory, And Optimal Tax Theory Essay2286 Words   |  10 Pageshonest sound, which is reasonable and appealing in its context. (Kendrick, 1939) Taxes have economic effects, and these effects entail social consequences. The ability to pay was first articulated by John Stuart Mill in 1848. Many economists tried on how to model ability-to-pay tax policy, with primary focus on the rate structures, in utilitarian terms. The most tax rates in tax brackets remains differences in ability to pay, focusing on the portion of earnings sacrificed by taxpayers. The ability to