Budget 2023 falls short on tax cuts, say SME

PETALING JAYA: Budget 2023’s focus on digitalisation, environmentalism and financing for small and medium enterprises (SME) is laudable but it falls short on tax cuts, according to Small and Medium Enterprises Association Malaysia (Samenta) national secretary Yeoh Seng Hooi.

Yeoh said the incentives are pluses to steer SME to transform and pivot to meet new challenges such as environmental,…