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{
    "id": 1262262,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1262262/?format=api",
    "text_counter": 347,
    "type": "speech",
    "speaker_name": "Sen. Kavindu Muthama",
    "speaker_title": "",
    "speaker": {
        "id": 13733,
        "legal_name": "Agnes Kavindu Muthama",
        "slug": "agnes-kavindu-muthama"
    },
    "content": "given a seven-year holiday from tax - an incubation period - so that business can grow and flourish before they start paying taxes. It becomes difficult for anybody who is doing business, when you are just beginning and even before you get enough clients and customers for the business to flourish you are paying taxes, and the business collapses. I would suggest that the seven-year tax holiday be implemented in this Bill, so that it can give the people time to grow. Innovation and technology are the way to go because we are living in that era where everything is highly technological. Many of our children are very creative and innovative. If given time and encouragement, they will get something to do without bothering to look for jobs here and there. I support this Bill and pray that it will find the light of the day. Even when it goes to the National Assembly, it will be passed and assented to by the President. Registration of companies - as one us has said - is becoming very costly. Additionally, when most of these students leave school, they have no money and the parents cannot afford to support them register companies. Senator, if you can also suggest something about the registration fee for startups, it can really help and encourage many of them to come up. I thank you."
}