Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Small business in for tax cuts

Feb 11 2005 11:28 Donwald Pressly

Related Articles

Big plans for small business

$150m for small businesses

Yes for small business bill

SARS studying SMME concerns

BEE 'boosts small business'

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

 
Share Share line Print
Cape Town - Before the end of the year 2005, the government will complete the system of exemptions for small, medium and micro-enterprises "with regard to taxes and levies," President Thabo Mbeki said on Friday.

In his State of the Nation speech at the opening of parliament he said this would include a review of the regulatory framework "as it applies" to these businesses, as well as central bargaining and other labour arrangements, enabling these to be factored into the medium-term expenditure cycle.

"The system of tax and levy payments and business registration will be reviewed with the aim of introducing a simpler and streamlined system for all businesses by April 2006.

Mbeki said the capital investment programme of government will be speeded up, focusing on housing, rural and urban infrastructure, public transport and national logistics system, water and electricity.

In part to facilitate this, urgent steps will be taken to strengthen the public-private partnership mechanism in government by December 2005.

"At all times these partnerships should involve local communities," he said.

 
 
Comment on this story
0 comments
Comments have been closed for this article.
It pays to know the cost and what you’re getting in return
May 28 2012 09:33

Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. (Reuters)

Bertie

This is how Coke did the big picture thing in the late 1970s early 1980s. By then it was clear that population growth had stabilized. So, where was increased revenue going to come from? The small picture would focus on getting more marketshare from Pepsi.   But Roberto Goizueta, on of the Tita... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...