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National backs small business

Lindsay Tisch MP
National Party Small Business Spokesman

02 May 2005

National backs small business

A National-led Government will reduce the cost of doing business, says National's spokesman for small business, Lindsay Tisch.

This week more than 70,000 small and medium-sized businesses around the country will receive pamphlets and a personal letter from National Party Leader Don Brash outlining National's plan to reduce taxes and other government-imposed costs, and loosen the burden of bureaucratic red tape on businesses.

"Small and medium-size businesses are the driving force of the economy, but they are being stifled by red tape and over-regulation," says Mr Tisch.

"Labour doesn't understand what it is doing to small businesses, National does.

"For the good of this country we need a bureaucratic bonfire to do away with the excessive red tape that is crippling businesses and cutting profits," says Mr Tisch.

National will:

- Substantially amend the Resource Management Act

- Cut company tax to 30 percent

- Cut personal tax to reward effort

- Let employers choose their own workplace insurer

- Introduce an optional 90-day trial period for new employees

- Encourage a flexible labour market through pro-growth employment law

- Investigate the establishment of a 'Red Tape Commission'

"National will work with businesses to make the necessary changes to make doing business in this country a whole lot easier," says Mr Tisch.

Ends

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