Mikes smithen
Verified member
Small scale businesses are established in almost every regions and countries of the world and majority of businesses today that are established in large scale and are popular today usually starts initially as smaller businesses. The reduction of tax can absolutely enhance the growth and development as well as the operational aspects of most small scale businesses in one way or the other. The governments of every economy to it that the imposition of tax does not drastically affect small scale businesses. And if they were to apply tax incentives you should obviously be to smaller businesses who of course do not make huge amount of profit or realize huge amount of revenue each year.
Tax incentive or tax reduction can help smaller businesses channel money that they could have used to pay tax to certain out other business needs and activities such as expanding business inventories or engaging into further business research.
Tax incentive or tax reduction can help smaller businesses channel money that they could have used to pay tax to certain out other business needs and activities such as expanding business inventories or engaging into further business research.