Businesses find red tape taxing

Map Business accountants and advisers owner Geoff Redpath believes businesses spend too much time on government requirements and approvals.
Map Business accountants and advisers owner Geoff Redpath believes businesses spend too much time on government requirements and approvals. Alistair Brightman

ON THE back of new federal figures that show tax red tape is a 500-hour per year burden on businesses, Fraser Coast operators have stressed the impact of other red tape on the region's businesses.

Researchers at University of New South Wales surveyed 159 businesses across the country and this month released figures that showed those businesses spent up to 493 hours and $28,000 per year on filling tax obligations.

Map Business Accounting and Advisers owner Geoff Redpath said while the survey results did not reflect tax costs for Fraser Coast businesses, he stood firmly behind the theme of the report in that red tape had majorly slowed businesses down in the past two decades.

He said the figures in the study absolutely reflected the heavy burden of government-required approvals, licences and other paperwork that had only grown since the survey began in 1995.

Mr Redpath said the lack of sharing between government departments meant businesses were left frustrated at having to give the same information over and over again.

"They want the government to move in to the 21st century," he said.

Maryborough Matilda owner Gary Jensen agreed that both federal and state red tape had gotten out of hand and agreed with the report's figures on federal tax.

As a small business owner, Mr Jensen said he especially felt pressured by the level of environmental requirements from government departments.

"It just seems to be a cash cow to make money off businesses," he said.

"There is no real community benefit," he said.

Both business figures agreed the time invested in government record-keeping and approvals had impacted on the ability to run a profitable business on the Fraser Coast.

Mr Jensen said legislators needed to look at government business requirements collectively rather than individually.

Topics:  australian government business red tape tax university of new south wales

Ability Awards make Fraser Coast 'an inclusive community'

Karen Burton and daughter Sez came runner-up for Young Community Spirit Award and Trish Freyer and Mark Elisala with the runner-up Sports & Recreation Award.

All the winners from the Fraser Coast All Abilities Awards.

Are you missing a watch? Police might have it

Is this your watch? If so, the police have it and want you to pick it up.

The hunt is on for the owner of a silver watch.

Local Partners

Shannen Doherty reveals fear of dying in post on chemo

Actor Shannen Doherty shared this image of her lying in a hospital bed after a chemotherapy session.

Actor has been fighting cancer since 2015

Eddie Redmayne's stage fright on latest Harry Potter film

Actor Eddie Redmayne stars in Fantastic Beasts and Where to Find Them.

Actor felt like kid again when he got to film with a wand

Salma Hayek: 'Trump planted story because I turned him down'

Actor Salma Hayek is the latest woman who says U.S presidential nominee Donald Trump acted inappropriately.

Salma Hayek latest woman to accuse Trump of misconduct

Brisbane snake catcher shows who's the Boss

Brisbane snake catcher Julia Baker returns in season two of Snake Boss.

Hit show Snake Boss is back for another season

The Summer that Melted Everything

See what happens when you invite the devil to town

Leonardo DiCaprio nearly drowned while filming

Actor Leonardo DiCaprio

Oscar winner almost drowned in Galapagos

Hit songwriter's Noosa mansion on market

SPECIAL PLACE: The Cintamani estate is going to tender, marketed by Tom Offermann Real Estate.

Is this Queensland's best property?

Kiwi siblings snap up Dotcom mansion for $32.5m

The new toy company owners of the Coatesville mansion want replace any controversy with positivity and fun. Photo / Barfoot and Thompson

The trio paid $32.5 million for the property in June

New $200 million development will create 580 jobs

Cassie And Josh with baby Alfie and daughter Andee. They have bought at new Lennox Head development Epiq.

Majority of new positions will be given to Northern Rivers locals

Cherrabah's mega resort plans axed

PLANS for a massive development at Cherrabah have been scrapped.

What our mayor thinks of the new draft SEQPlan

The plan to use the innovative technology as part of the new Maroochydore CBD was cemented on site today when Mayor Mark Jamieson and Envac Asia Region president Chun Yong Ha formally signed the contract for the $20 million underground waste collection system.

New plan accommodates Sunshine Coast Council's vision for growth.

Dusit Thani finance crisis 'just a small hiccup'

ON TRACK: Springfield Land Chairman, Maha Sinnathamby, Ipswich Mayor Paul Pisasale, Developer Richard Turner and Springfield Land Deputy Chairman, Bob Sharpless, at the recent resort sod turning ceremony.

Property developer says project remains firmly on track