Business people in Northern Christchurch enjoyed a special session with Deputy Prime Minister and Minister of Finance, Hon Bill English, this week to discuss a range of issues, including new changes to how small and medium-sized businesses pay tax.
The changes, delivered in Budget 16, were aimed to reduce the burden of interest and penalties, freeing up cash flow for small to medium-sized businesses, said Waimakariri MP Matt Doocey, who arranged the session, held at Jagz Café in Northwood on Tuesday 26 July.
“Our businesses are behind the success of our region’s economic growth, and I am always looking at ways to support them,” Doocey said. “It was great to be able to bring the Minister to Northwood to speak to our local business people about what’s happening in our area.”
Doocey said latest statistics from Inland Revenue confirmed Canterbury’s small business economy had grown faster than anywhere in the country.
“Northwood’s business people gave the Minister feedback on some of their successes, as well as engaging the Minister in some lively discussions,” Doocey said.