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Katherine Rich: BusinessNZ CEO on the impact NZ First's proposed tax cut for small and medium businesses could have
Published 1 month ago
Description
There's a belief New Zealand First's proposal to slash the tax rate for small businesses could make a positive difference to our business landscape.
The party's promising to lower the tax rate from 28% to 20% for firms with turnover under $30 million.
Its estimated cost is about a billion dollars a year.
BusinessNZ Chief Executive Katherine Rich told Kerre Woodham it would apply to a majority of our businesses.
She says it would need to be researched for implementation, but it's bold and could transform business in New Zealand
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