Business Weekly 12 December 2022

An aspiring entrepreneur says government needs to revise its tax policy to reduce the failure rate for small and medium-scale businesses. Abit Kuir Abir, who is also a professional accountant, says multiple taxation has been a major challenge affecting small businesses. He says many of those businesses end up losing their capital and profit to heavy levies imposed on them.  Abit called on the government to learn from the region and adjust the taxation policy to allow for SMME’s to be more he sustainable.