THE EFFECT OF TAX POLICY CHANGES ON BUSINESS INVESTMENT AND ECONOMIC GROWTH

Authors

  • Zhu Qi
  • Ma SiYi
  • Chen BoXian
  • Jiang ShanXiu
  • Chen Xuanze
  • Ooi Kok Loang

Abstract

The research has portrayed the impacts of tax policy changes on the business investment and economic growth of the country. The rationale of the research is to portray tax reporting as well as analysis in financial management relying on manual processes with paper records. Additionally, the government of the UK has reached approximately 965.15 billion pounds in revenue, whereas government spending amounted to approximately 1,120.54 billion pounds in the financial year 2022. On the other hand, buying power, as well as capabilities, can be measured as taxation and investment, and that is practically important for the growth and expansion of the economy of the country (Loang & Ahmad, 2022). The researcher has used the primary quantitative method to collect and interpret the collected data on a proper note. The questionnaire has been prepared with 24 questions among them 4 are demography based questions while rest 20 questions are based on variables. On the other hand, the sample size of the research is 100 and analyzing the sample size, 100 responses have been collected as the primary data of the research. "The descriptive research design" has provided contradictory data and information to the research analysis. The variables are reliable as well as validated while it can be said the significant value of the coefficient denotes the supported and non-supported hypotheses as well.

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Published

2023-09-30

How to Cite

Zhu Qi, Ma SiYi, Chen BoXian, Jiang ShanXiu, Chen Xuanze, & Ooi Kok Loang. (2023). THE EFFECT OF TAX POLICY CHANGES ON BUSINESS INVESTMENT AND ECONOMIC GROWTH. International Journal of Accounting, Finance and Business, 8(50). Retrieved from https://academicinspired.com/ijafb/article/view/752