Call to reduce burden of SMEs

Companies are appealing to the newly formed Government for deductions on their 2020/2021 assessment tax and to defer their audits to allow financial savings and workload to be focused on curbing the spread of Covid-19 instead.

Small and Medium Enterprises Association (Samenta) south chairman Louis Ooi said as companies had spent significant amounts of money to adhere to standard operating procedures, reducing their financial burden would motivate them to keep it up.