'I had to take a very deep breath': Why small business owners are at breaking point

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How much stress can a small business owner handle? The ATO is worried and they want to help, but are they part of the problem? DaveTaylorNews COSBOA ausbiz RadioNational mentalhealth

 

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DaveTaylorNews COSBOA RadioNational Good yarn by DaveTaylorNews

DaveTaylorNews COSBOA RadioNational It probablyhelps small business to review their accounts every quarter. Its the medium businesses that really suffer. Everything is monthly except weekly upload of w3ages to the ato. the fun of super payments. it goes on and on

DaveTaylorNews COSBOA RadioNational hahahahahaha 'running a business sounded cool, but nobody told me I'd have to run a business!!' hahahahaha

DaveTaylorNews COSBOA RadioNational Yes - every time you settle in a new 'system' - say superstream - they introduce another one - eg. single touch payroll. These are poorly documented, difficult to implement and are only there to make ATO's work simpler. Superstream could be called superkludge.

DaveTaylorNews COSBOA RadioNational Given the confusion I felt when trying to decipher my tax form this year, YES they are part of the problem.

DaveTaylorNews COSBOA RadioNational So, 'packing material' deterioration is avoided.

DaveTaylorNews COSBOA RadioNational ATO hammers smaller tax payers almost as much as they do the filthy rich, except the small taxpayers can't fight back.

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