Taxation Knowledge Impact on Personal Income Tax Planning Approaches of SMEs Entrepreneurs in Maha Sarakham Province

Abstract

The purpose of this study is to investigate SME entrepreneurs' tax knowledge and understanding, as well as the patterns of personal income tax preparation. This is a quantitative study that gathers information from SME enterprises in Maha sarakham province that are sole owners or individuals. The sample size was determined using the Krejcie and Morgan table, with
a 95% confidence level and a 5% acceptable margin of error, yielding a total of 382 participants. Data were gathered by questionnaires and evaluated using percentages, means, and standard deviations. One-way ANOVA and multiple regression analyses were used. The research results are as follows: 1) Knowledge of tax calculation, filing channels, and deductions positively impacts personal income tax planning. 2) Knowledge of taxation, including types of income, calculation methods, filing channels, and deductions, improves personal income tax planning and reduces assessable income. 3) Knowledge of taxation, including income types, filing methods, liabilities,
and deductions, positively impacts personal income tax planning and increases tax expenses.
4) Knowledge of taxation, including calculation and deduction rights, positively impacts personal income tax planning, leading to increased deductions. and 5) Knowledge of deductible expenses and exemptions improves personal income tax planning, leading to higher deductions.