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Tafe course confirms tax system complexities



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FEDERAL MEMBER FOR FORREST

Shadow M inister for Small Business, Housing an d Customs.

G eoff Prosser M.P. Media Release

23 March 1992

TAFE COURSE CONFIRMS TAX SYSTEM COMPLEXITIES

The introduction of TAFE courses to teach small business owners about their tax obligations is a sad reflection on the complexities of the current taxation system.

It confirms that the existing system is complicated, difficult to understand and places an onerous and costly burden on business.

Indeed, the desperate need for reform of Labour's tax regime is illustrated by the high demand for the course - some 200 applications have been received in one week by just one TAFE alone.

While the attempt to educate small business about ways to minimise the cost burden imposed by the present tax systems is welcome, the Government should instead get to the heart of the problem by adopting the Coalition's proposals to reform and simplify the tax system.

Specifically, they should eliminate the paperwork burden on small business and its associated compliance costs by abolishing a range of taxes on business including the Wholesale Sales Tax, payroll tax, the training levy and fuel excise and secondly, by introducing a broad based Goods and Services Tax.

ends Canberra