The Minister of Finance Trevor A Manuel, MP will address the media about the small business tax amnesty tomorrow 13 June. In the 2006 Budget speech, Minister Manuel announced plans by government to introduce a tax amnesty for small business. The aims of the tax amnesty are to broaden the tax base; facilitate the normalisation of the tax affairs of small business; and, to improve the tax compliance culture. Stakeholders and the public were invited to comment on the draft legislation by 31 May 2006.
We invite all media to attend the briefing on Tuesday, 13 June (tomorrow) at the Imbizo Media Centre in Cape Town.
Minister Manuel will introduce the Small Business Tax Amnesty and Taxation Laws Amendment Bill in parliament later in the day. The Second Reading Debate of the Appropriation Bill is also scheduled for tomorrow afternoon.