MBABANE:Neal Rijikernberg,the Minister of Finance says,Government is advocating for tax policies that support business growth while safeguarding fiscal stability.
Addressing businesspeople and other corporate leaders at the Royal Villas-Ezulwini during the Tax Indaba this week,the Finance Minister said,Government remains in support for the growth of the Small and Medium Enterprises(SMEs) sector to enhance economic growth.
“As the government,we are committed to working closely with the business community, the Eswatini Revenue Service,tax professionals,and all stakeholders to ensure that our tax policies are designed to support business growth while also safeguarding our fiscal stability.Open dialogue and constructive feedback are essential in this process.We need to hear from you-the people on the ground-about what works,what doesn’t, and where improvements can be made.In this regard,I was pleased to hear that ERS and Business Eswatini recently enaged with the UNDP Team of Experts on the Sustainable Development Goals (SDG’s) Taxation Framework with the focus on aligning the tax system with SDG 5, 9, 16, and 17.The goal is to simplify tax processes, reduce compliance costs, and eliminate unnecessary bureaucratic hurdles that hinder business operations. We will also be looking at ways to make our tax system more transparent and predictable, providing businesses with the certainty they need to plan and invest for the future”, said the Finance Minister.

FINANCE MINISTER NEAL RIJIKERNBERG:Government advocating for tax policies that supports business growth while safeguarding fiscal stability.