It hits smaller businesses much harder than it does larger ones. Would a bank or Telstra hire any extra staff if Payroll Tax were abolished? Nope. Not a one.
I actually disagree with that. A number of business surveys that I have read cite payroll tax as a significant disincentive to taking on new workers. However you are quite right to point out that the pro-rata cost for small businesses is significantly worse.
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
no subject
Date: 2005-10-31 01:44 am (UTC)It hits smaller businesses much harder than it does larger ones. Would a bank or Telstra hire any extra staff if Payroll Tax were abolished? Nope. Not a one.
I actually disagree with that. A number of business surveys that I have read cite payroll tax as a significant disincentive to taking on new workers. However you are quite right to point out that the pro-rata cost for small businesses is significantly worse.