PN Proposes Reducing Tax Rate For Micro & Small Enterprises

The Nationalist Party has announced a set of new proposals, with one of these being reducing tax rate for micro-enterprises and small enterprises.

For micro-enterprises, the PN is proposing from 35% to 15%, whereas for small enterprises will be down to 25% from the original 35%.

This forms part of other proposals, including increasing the threshold for VAT exemption from €35,000 in annual income to €70,000, which effectively doubling the limit.

What do you think?

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