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Tax Working Group recomendations and small business

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23 Nov:  0821  |  If the Government manages to push through the recommendations of the Tax Working Group (TWG), the 450,000 or so small business owners in this country will be hit with massive compliance costs writes Troy Browker for Stuff.

Small business, meaning all sole traders and including businesses with up to 20 employees, are the back bone of the New Zealand economy, he writes. 

Their contribution to our economy is enormous. Together small businesses employ roughly 30 per cent of our entire work force and contribute roughly $65 billion to New Zealand's annual gross domestic product.

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