Lower cost of doing business

BUDGET 2006 certainly had a business flavour to it as a wider application of group relief should encourage businesses to expand their operations. The man in the street was also not forgotten, as civil servant were rewarded with a bonus and we given extra allowances to deal with the present economic climate of rising prices. 

StarBiz Assistant News Editor Jagdev Singh Sidhu and, reporters Goh Ee Koon and Loong Tse Min spoke with a panel of tax experts consisting of Shamsir Jasani Grant Thornton director, tax advisory & compliance, Seah Siew Yun, BDO Binder Tax Services Sdn Bhd executive director Lee Voon Siong, Ernst & Young Tax Consultants Sdn Bhd executive director Kenneth Lim, KPMG Tax Services Sdn Bhd partner-in-charge of Tax Khoo Chin Guan and PricewaterhouseCoopers Taxation Services Sdn Bhd senior executive director Peter Chow for their opinions on Budget 2006.