10 things small business people want changed

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10 things small business people want changed

From making GST and BAS simpler to getting rid of the carbon tax, here are 10 changes business operators claim they'd change their vote for. Do you agree?

Making GST and BAS reporting simpler is something most small to medium business operators claim they would change their election vote for, according to a new study.

The survey of 1,005 people commissioned by MYOB, asked participants to respond to 15 suggested "policies and initiatives" that would turn their election vote "towards the proposing party".

MYOB has published a list of the "top 10" of the proposed policies [information quoted from MYOB press release]:

  1. Policies that significantly simplify the GST/BAS reporting process – 65%
  2. The abolition of the carbon tax – 63%
  3. More Federal Government investment in transport infrastructure in our major states and cities – 61%
  4. A reduction in payroll tax – 57%
  5. Increased Federal Government funding for skills, training and apprenticeship programs – 57%
  6. Increased Government funding for innovation, research and development by Australian businesses – 53%
  7. Waiving any penalty interest charges on late tax payments for start-up businesses in their first two years of operation – 53%
  8. Providing free Government-funded training to all small businesses on how to use the internet to enhance and grow their business – 51%
  9. The creation of a single flat tax for personal tax and company tax – 49%
  10. Further cutting Government expenditure to return to surplus faster – 42%
MYOB also noted that fuel prices are the "top pressure point" for small to medium businesses they surveyed.

According to the MYOB report, 54% of small to medium business operators in Australia categorise themselves as "totally dissatisfied" with the Federal Government.
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