greenpastures
21-03-2004, 09:01 PM
An article from todays media follows. Recommended reading to try to fix these "red tape" problems might be "theory of social cycles" Author Ravi batra PHd.
Sydney - Monday - March 22: (RWE) When the coalition Government
first came to power it promised to get rid of all the red tape for
business.
The reverse has occurred.
Companies have been engulfed in new paperwork, some of it
engineered by the Feds and the rest by state governments.
The GST was a con in so far as reducing personal taxes when it
was introduced but it achieved a flood of paperwork for business which
had to produce monthly business activity statements.
This was the most time consuming tax for business, which takes
the median business up to 60 hours each a year to complete, according
to a survey carried out by the NSW state Chamber of Commerce last year.
Dennis Mattiske of HLB Mann Judd has based a newsletter front
page story on the survey which he headed "Sunk by red tape".
Mr Mattiske points out that a large part of the paper-work
falls on the business owners themselves, especially those with less
than five employees.
The survey estimated that business spent more than six 40 hour
weeks a year on the three issues of unfair dismisal issues, the
quarterly activity statement and occupational health and safety which
is tied to superannuation regulations.
Consumer protection is another big item that draws forms from
all directions if you are dealing directly with the public.
Payroll tax is another heavy time consumer although most small
business don't have to pay it.
Mr Mattiske is most vocal of business time lost on the NSW
unfair dismissal regulations.
Of the 500 businesses questioned, 23 per cent had to spend a
week complying with the paper work and fighting the claims.
It comes a a high cost to business.
Occupational Health and Safety occupied up to 52 hours per year
for the median business while a similar time frame was reported by the
survey for superannuation regulations.
Businesses now face a host of forms from ASIC, ACCC and other
proection agencies as to the conduct of their businesses.
Mr Mattiske's point is that "all this is a very significant
amount of owners' time that could be better spent on growing the
business.
"Given the returns that can be expected from such growth,
compliance is a very high cost indeed to small business.
"With little sign of relief from all of this red tape, it
seems the only answer is to carefully measure the owners' time spent on
these matters and compare it with the cost of either full or part time
employees or an an outsurced service, Mr Mattiske concluded.
Sydney - Monday - March 22: (RWE) When the coalition Government
first came to power it promised to get rid of all the red tape for
business.
The reverse has occurred.
Companies have been engulfed in new paperwork, some of it
engineered by the Feds and the rest by state governments.
The GST was a con in so far as reducing personal taxes when it
was introduced but it achieved a flood of paperwork for business which
had to produce monthly business activity statements.
This was the most time consuming tax for business, which takes
the median business up to 60 hours each a year to complete, according
to a survey carried out by the NSW state Chamber of Commerce last year.
Dennis Mattiske of HLB Mann Judd has based a newsletter front
page story on the survey which he headed "Sunk by red tape".
Mr Mattiske points out that a large part of the paper-work
falls on the business owners themselves, especially those with less
than five employees.
The survey estimated that business spent more than six 40 hour
weeks a year on the three issues of unfair dismisal issues, the
quarterly activity statement and occupational health and safety which
is tied to superannuation regulations.
Consumer protection is another big item that draws forms from
all directions if you are dealing directly with the public.
Payroll tax is another heavy time consumer although most small
business don't have to pay it.
Mr Mattiske is most vocal of business time lost on the NSW
unfair dismissal regulations.
Of the 500 businesses questioned, 23 per cent had to spend a
week complying with the paper work and fighting the claims.
It comes a a high cost to business.
Occupational Health and Safety occupied up to 52 hours per year
for the median business while a similar time frame was reported by the
survey for superannuation regulations.
Businesses now face a host of forms from ASIC, ACCC and other
proection agencies as to the conduct of their businesses.
Mr Mattiske's point is that "all this is a very significant
amount of owners' time that could be better spent on growing the
business.
"Given the returns that can be expected from such growth,
compliance is a very high cost indeed to small business.
"With little sign of relief from all of this red tape, it
seems the only answer is to carefully measure the owners' time spent on
these matters and compare it with the cost of either full or part time
employees or an an outsurced service, Mr Mattiske concluded.