I’ve never been one to make political comment. As a business owner and citizen – I just get on with working hard to grow a business, raise my children and contribute to the community.
I was asked to participate on The Nation for Sky News on 30 April – just prior to the release of the response by the government to the Henry Review, and also this weeks budget. (see below some of my comments)
I have often invited Julia Gillard to come and hang out at RedBalloon for her to experience the way business is done ‘this century’. How smart employers are investing in people – knowing that engagement gives us a competitive advantage.
Yet again – a government who was given a clear mandate from the people in the last election has failed to support business growth. I’m alarmed that no work has yet been done to clean up the taxation system (70 years and 3 levels of mess)
I pointed out in the interview; it is the cost of collection as well as the financial burden to business that puts such a burden on business. Quite frankly it is a disincentive to grow. (And let’s not talk about payroll tax – because I will just get angry)
I give you an example – we have two off street car spaces at our office – I have to pay the Sydney City Council a special tax on these, about $2000 per year. In addtion to that I have to keep a register of which employee uses them as they could be deemed FBTable. Two taxes on the same tiny bit of real estate. The cost and imposition on compliance is ridiculous. In addition of course we paid stamp duty when purchasing the property and we will pay capital gains tax when we sell it. Four taxes on one tiny bit of real estate – and all that cost of compliance.
We want leaders who will help business grow! No wonder I am cynical.
I’m interested to hear your views.