Submission on the tax discussion paper

Our comments have been drawn mainly from our 2015-16 pre-budget submission and Small Business White Paper which predominantly looks at issues affecting the small business sector.

The highly regressive nature of compliance costs on small businesses has always been a concern for the IPA. We welcome any improvements to the operation of our tax system that helps unshackle the small business sector and makes life simpler for small businesses. The important role entrepreneurs can play in Australia's future economic growth cannot be understated. A strong and vibrant small business sector can play an active role in contributing to the growth and wellbeing of the Australian economy.

Read the full submission here.