Tax assistance package for businesses
Today Government announced a package of changes aimed at assisting small to medium-sized businesses and help ease the burden of tax on cash flow.
This package includes tax simplification changes including a reduction in the use of money interest (UOMI) rate for underpayments of tax and changes to thresholds for GST, FBT and PAYE.
For more information about this package, please go to www.beehive.govt.nz.
Date published: 04 Feb 2009
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