SPUR SUSTAINABLE AND EQUITABLE ECONOMIC GROWTH 5-Year Plan for Pillar 3

Promise 32: Introduce a tax system that is people-friendly and entrepreneur-friendly

May 9, 2018
Not started
May 2018

The rate of corporate tax and taxes on small business owners and part-time employees will be reviewed with the goal of reducing the burden of them.

May 09, 2018

May 2018

Personal income tax rate will be reviewed so that the burden towards the middle 40 per cent (M40) can be reduced.

May 09, 2018

Those in the bottom 40 percent (B40) are already not paying income tax.