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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

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

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