Budget Recommendations for SME Friendly Tax/VAT Regime
Tax/VAT policies of the government have multifold impact on SMEs. An SME-friendly Tax/VAT policy can significantly boost profitability of these businesses, and at the same time attract potential entrepreneurs. For that reason, providing recommendations on Tax & VAT regime to National Board of Revenue (NBR) for upcoming national budgets is one of the major tasks of SME Foundation.
Every year, recommendations for creating SME enabling budget are collected from different trade associations and other stakeholders. Afterwards, based on government’s strategies and goals, the collected recommendations are prioritized, sharpened, and submitted to NBR.