Small Business Relief Package
March 2, 2010
Reducing the size of provisional tax repayments business taxpayers have to make for the 2008/09 and 2009/10 income years. At the present time, taxpayers have to factor in 5% growth, but that will be dropped for those years. Transitional provisional taxpayers’ rates will also reduce by 5%. Reducing the use of money interest (UOMI) rate [...]