What “burdens” would you like to see scrapped as a small business?
Last year’s budget announced plans to reduce red tape for businesses. The GST reporting will be simplified starting July this year. What other “burdens” would you like to see scrapped as a small business?
I operate as a sole trader and for now that suits me. I find it very irritating when the politicians go on TV talking up how much they are helping "small business" when in fact, they are helping small companies. Many of the so called benefits and tax breaks are of no help to me because I am not a company and don't pay company tax.
I'd like to see more support, breaks and benefits for the small business owners who are not incorporated; or at he very least, say what you mean and talk about small companies not small business.
George Grimekis CPA ,
Accountant at Alpha Omega Accounting & Business Solutions
I hope I live to see the day when Payroll Tax is abolished.
I cannot understand why taxing businesses for employing people is still OK in this day and age.