SME owners negative on capital gains tax, says MYOB survey

Thu, 04 Sep 2014

By Pattrick Smellie Sept. 5 (BusinessDesk) - Some 60 percent of small and medium-sized business owners are negative about the Labour Party's capital gains tax, says a poll taken for the accounting software firm MYOB, with 60 percent saying it was their "most unpopular" policy relating to the sector. Representing 97 percent of the country's businesses and employing 30 percent of the workforce, SME owners on balance want tighter controls of foreign investment, with 54 percent nominating as a top policy they would support, according to the p...

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