Tax Compliance in the Gig Economy: The Need for Transparency and Accountability

Abstract

Gig economy according is a form of job characterized with flexibility and as a temporary jobs and a job that involved primary short terms independent freelance workers. The study evaluates tax compliance in the gig economy: the need for transparency and accountability. Using the mixed-methods approach, the result of the study shows that 43.3% of participants are engaged in other work while 33.3% assert that they do not have any other work apart from their main work. The result also shows caregiving work (27%) as the most ventured into gig works compared to others. The least (6%) was recorded for social media marketer. The findings also shows that a large percentage 80% of the respondents are not concerned about tax defaultment. Conclusively, the gig economy has shown a reputation to be a viable form of employment due to the number of people that are engage in it. However, most gig workers strongly disagreed to tax compliance. Future research exploring wider population in the area of tax compliance should be focused on.