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BUDGET 2016: BUSINESS FOCUS

Mixed reactions to steps to control business costs

Thumbs down for higher CIT rebate, SME working capital loan hailed
Friday, March 25, 2016 - 05:50

THE proposal to raise the existing corporate income tax (CIT) rebate, with a higher percentage rebate targeted at SMEs, has received a lacklustre response with market watchers taking issue with the rebate cap and questioning the effectiveness of tax rebates in the current climate.

Said

sentifi.com

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