n Tax Breaks Newsletter - Small businesses get their chance to wipe away tax sins : tax amnesty for small business
|Article Title||Small businesses get their chance to wipe away tax sins : tax amnesty for small business|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Jun 2006|
|Pages||1 - 3|
Extracted from text ... TAX AMNESTY FOR SMALL BUSINESS Small businesses get their chance to wipe away tax sins By KATHY THERSBY IN HIS BUDGET speech on 15 February 2006, Minister of Finance Trevor Manuel announced that there would be a tax amnesty for small business, and the gist of the form it will take has been revealed in the just-released Draft Small Business Tax Amnesty and Amendment of Taxation Laws Bill, 2006. According to the SA Revenue Service, small businesses play an important role in stimulating economic activity, job creation, poverty alleviation and the general improvement in living standards. "But many small ..
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