Small Business
Background
The Leader of the Opposition raised concerns regarding the government's new trusts tax, alleging it would impose significant compliance costs on small businesses.
Question
The member asked whether the minister would cease what he described as a war on small business, citing reports that the new trusts tax would cost businesses $13.3 billion in compliance costs and $4.5 billion in additional tax revenue.
Answer from Anne Aly
The minister stated that the government actively consults with small businesses, citing her recent visits to regional Queensland and Darwin where she held roundtables with diverse business owners. She emphasized that government colleagues are similarly engaged in listening to local concerns, contrasting this with the opposition's lack of evidence for such engagement. She reiterated the government's commitment to continuing these consultations to understand and address the needs of small businesses.
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