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Changes to how SMEs Pay Tax
- June 6, 2016
- Posted by: Angela
- Category: SME, Tax
No CommentsThe Government has recently announced a package of proposed tax changes that intend to reduce compliance costs and make tax simpler for businesses. The package is part of the Inland Revenue’s big picture ‘Making Tax Simpler’ initiative that aims to modernise and simplify the tax system. While the proposal will generally apply to all businesses, the changes are expected to benefit small businesses the most.