IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/18668_9.html
   My bibliography  Save this book chapter

Incentives to operate in the formal economy

In: A Modern Guide to the Informal Economy

Author

Listed:
  • .

Abstract

This chapter evaluates the effectiveness of initiatives to make operating in the formal economy easier and more beneficial. On the one hand, supply-side formalisation incentives are evaluated to make it easier and/or more beneficial for businesses and workers to operate in the formal economy, namely: simplification of the formal regulations; advisory inspections; societal amnesties; voluntary disclosure; direct tax and social security incentives; targeted indirect tax incentives; formalisation support to start-ups; formalisation support and advice to existing informal enterprises; help with record-keeping, and compliance lists. On the other hand, demand-side formalisation incentives targeting customers are evaluated, namely direct tax incentives; service vouchers; indirect tax incentives; incentivising electronic payments and deterring cash payments; incentives for customers to request receipts, and social labelling initiatives.

Suggested Citation

  • ., 2023. "Incentives to operate in the formal economy," Chapters, in: A Modern Guide to the Informal Economy, chapter 9, pages 207-239, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:18668_9
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781788975612.00018.xml
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:18668_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.