Liberal National Party Shadow Minister for Small Business Fiona Simpson says the Labor Government’s failure to model the impacts of its new taxes on small business is reckless.
Ms Simpson asked Minister for Small Business Shannon Fentiman today whether she had insisted modelling of impacts on small business was done before signing off on new taxes.
“No new taxes should be considered without considering all impacts,” Ms Simpson said.
“Taxes that will particularly hurt small businesses must be given the utmost scrutiny.
“Small businesses are the state’s biggest jobs creators and are often run by mums and dads.
“The Labor Minister for Small Business Shannon Fentiman refused to stand up for small business by failing to ensure modelling of the impacts was done before approving new taxes.
“The Labor Government has a don’t ask, don’t know, don’t care attitude about tax impacts on small business.
“Labor taxes first and asks questions later.”
Ms Simpson also asked Treasurer Jackie Trad last month whether modelling for small businesses had been done in relation to higher land tax.
“The Treasurer admitted no modelling was undertaken into the impacts a higher land tax hike will have on small businesses,” Ms Simpson said.
“The Treasurer doesn’t understand there are many small businesses who are paying land tax as part of their outgoings under commercial leases.
“For the Labor Government to be introducing new taxes without modelling their impacts on small business is reckless and irresponsible.”