Australian Politics Forum - Labor destroys business for start up companies.

Sir lastnail

Gold Member

Offline

Australian Politics

Posts: 30070
Gender: male

Re: Labor destroys business for start up companies.
Reply #15 - Jun 2^nd, 2013 at 11:08am

longweekend58 wrote on Jun 1^st, 2013 at 11:43am:

One analysts has suggested that the Libs could massively increase their already large lead by promising a wide range of small business reforms of which this is just one example. even a labor-leaning small business owner being hampered by labors anti-business, pro-union, pro regulation regime could be moved the liberal side by a policy to make things easier for them. and that is without a relaxation of the IR laws that are draconian in many ways already.

well why didn't they reform this one then and give startups a fair go ? and why don't they do something about the 13 billion dollar a year negative gearing tax rorts on property ? I mean can I startup a vegetable patch in my garden and register it as a business and then write off the losses against the income from my day job in case the crop fails etc ?

The liberals are just as bad as labor when it comes to small business Sad

Back to top

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

IP Logged

Bobby.

Gold Member

Offline

Australian Politics

Posts: 103647
Melbourne
Gender: male

Re: Labor destroys business for start up companies.
Reply #16 - Jun 2^nd, 2013 at 11:13am

Bobby. wrote on Jun 2^nd, 2013 at 10:49am:

Andrei.Hicks wrote on Jun 1^st, 2013 at 4:55pm:

It's not just start up companies that end up impacted by some of rescinding if grants implemented by the Federal Labor Party.

In their mad rush attempt to get their much desired surplus the Federal Labor Government detailed to us (and all of our competitors) that R&D grants on streamlining of energy delivery, of improvement in shale fracking processes, of offshore exploration within Australian waters, would all be either cut or completely removed.

This had the effect of millions of dollars falling on industry - while the Government continues to reap the rewards of this R&D work.
This has hit the smaller exploration companies in Australia who end up needing to team with the bigger multi nationals just to stay afloat.

In recent meetings the industry had with Julie Bishop and Josh Frydenberg, it seems there will be a likelihood these grants will come back and make Australia again a more attractive place to carry out R&D.

The current Government I have to say have been disappointingly short sighted - particularly with the energy industry - in it's need to deliver a short term surplus and without thinking of how cuts they make will impact the longer term future.

Yes Andrei,
but why do governments demand provisional tax for crops that aren't even in the ground?

It's ridiculous - & no wonder farmers are selling up & moving to the city.

As if floods and droughts are not enough -
the Govt. does it's best to destroy their business too.

I don't understand it.

bump

Back to top

IP Logged

Sir lastnail

Gold Member

Offline

Australian Politics

Posts: 30070
Gender: male

Re: Labor destroys business for start up companies.
Reply #17 - Jun 2^nd, 2013 at 11:15am

Andrei.Hicks wrote on Jun 1^st, 2013 at 4:55pm:

It's not just start up companies that end up impacted by some of rescinding if grants implemented by the Federal Labor Party.

In their mad rush attempt to get their much desired surplus the Federal Labor Government detailed to us (and all of our competitors) that R&D grants on streamlining of energy delivery, of improvement in shale fracking processes, of offshore exploration within Australian waters, would all be either cut or completely removed.

This had the effect of millions of dollars falling on industry - while the Government continues to reap the rewards of this R&D work.
This has hit the smaller exploration companies in Australia who end up needing to team with the bigger multi nationals just to stay afloat.

In recent meetings the industry had with Julie Bishop and Josh Frydenberg, it seems there will be a likelihood these grants will come back and make Australia again a more attractive place to carry out R&D.

The current Government I have to say have been disappointingly short sighted - particularly with the energy industry - in it's need to deliver a short term surplus and without thinking of how cuts they make will impact the longer term future.

and rightfully so. why dole out billions for filthy polluting shale that has been stuck in the ground for the last billion years or so. you've got to be joken. What innovation is this ? Get money for building an electric car that doesn't need oil you nit wit just like Tesla motors.

Back to top

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

IP Logged

Sir lastnail

Gold Member

Offline

Australian Politics

Posts: 30070
Gender: male

Re: Labor destroys business for start up companies.
Reply #18 - Jun 2^nd, 2013 at 11:23am

longweekend58 wrote on Jun 1^st, 2013 at 11:43am:

One analysts has suggested that the Libs could massively increase their already large lead by promising a wide range of small business reforms of which this is just one example. even a labor-leaning small business owner being hampered by labors anti-business, pro-union, pro regulation regime could be moved the liberal side by a policy to make things easier for them. and that is without a relaxation of the IR laws that are draconian in many ways already.

yes and the key word here is "promising". that's all they are is promises whilst they will still give concessions to property hoarders and speculators as well as foreign car corporations. We will never see innovation in this country as long as the housing-hoarding mentality is live and well. That's what labor and liberal both stand for. Doling out huge money to unprofitable foreign car corporations and calling that their manufacturing policy Sad

Back to top

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

IP Logged

Bobby. Gold Member Offline Australian Politics Posts: 103647 Melbourne Gender:	Re: Labor destroys business for start up companies. Reply #19 - Jun 2^nd, 2013 at 12:53pm Yes Nail, why do governments demand provisional tax for crops that aren't even in the ground?
Back to top	IP Logged

Bobby.

Gold Member

Offline

Australian Politics

Posts: 103647
Melbourne
Gender: male

Re: Labor destroys business for start up companies.
Reply #20 - Jun 3^rd, 2013 at 6:31am

I just found out that the Govt. doesn't call it provisional tax anymore -
it's called PAYG tax - still it's the same thing.

http://www.ato.gov.au/corporate/PrintFriendly.aspx?doc=/content/00224959.htm

Quote:

Stronger measures

We take firmer action against taxpayers who are unwilling to work with us to address their tax debt or repeatedly default on agreed arrangements.

Even when we have started to implement stronger measures, including legal action, we are willing to work with taxpayers to help them address their tax debt.

We do not take firmer action if you are complying with an agreed payment arrangement, including lodging and paying current obligations on time.

Stronger measures include:
• garnishee notices
•director penalty notices
•legal action, specifically a
◦claim or summons
◦bankruptcy notice
◦creditor's petition
◦statutory demand
◦wind-up action.

Quote:

Director penalty notice

Company directors have a legal responsibility to ensure that their company meets its pay as you go (PAYG) withholding and superannuation guarantee charge (SGC) obligations.

The director of a company that fails to meet a PAYG withholding or SGC liability in full by the due date automatically becomes personally liable for a penalty equal to the unpaid amount.

The Tax department is ruthless.
They will even wind up your business & can even make a director personally liable
when he's running a LTD company - limited liability.
I think Stalin would have been proud of them.

Back to top

IP Logged

it_is_the_light Gold Member Offline Christ Light Posts: 41434 The Pyramid of LIGHT Gender:	Re: Labor destroys business for start up companies. Reply #21 - Jun 3^rd, 2013 at 8:11am if you are asking for assistance i can provide your answer here http://i-uv.com/ if you can disprove your freedom i will leave this messageboard it is for you alone to pursue your justice with extreme prejudice unrebutted and forgiven namaste - : )
Back to top	ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : ) ╰დ╮ॐ╭დ╯ IP Logged

it_is_the_light

Gold Member

Offline

Christ Light

Posts: 41434
The Pyramid of LIGHT
Gender: male

Re: Labor destroys business for start up companies.
Reply #22 - Jun 3^rd, 2013 at 8:15am

further

the ATO is not a legal entity

The ATO is not a legal entity by it's own admission

The ATO is also a private, foreign owned business, hence it is called "Office", not "Department." If the ATO denies being foreign owned private business, make them sign a JP witnessed Statutory Declaration so they can perjure themselves.

http://members.iimetro.com.au/~hubbca/tax.htm

Is the ATO operating legally? - http://www.itwillpass.com/tax_ato_not_legal.shtml
ATO is an Illegal Entity - http://www.itwillpass.com/tax_ato_non_legal_entity.shtml

ATO (Australian Tax Office) Is illegal By Its Own Admission - Lifting The Veil of Deception - http://www.loveforlife.com.au/node/130

High Court Transcript - Moeliker v Chapman B8/2000 (17 May 2000)
http://www.austlii.edu.au/au/other/hca/transcripts/2000/B8/1.html

http://www.loveforlife.com.au/files/ATO-illegal%20entity%20by%20it's%20own%20admission-actual%20docs%20to%20prove%20it-1.pdf

http://www.itwillpass.com/tax_ato_non_legal_entity.shtml
http://www.brumbywatchaustralia.com/Principality12.htm
http://www.brumbywatchaustralia.com/Principality40.htm

http://members.iimetro.com.au/~hubbca/tax.htm

The Principality of Range View
Is the illegal ATO above the purported law – obviously the purported Tax Commissioner thinks it is. … Another example of the tyranny in Australia.

Below: Mr S. Cantrill of the illegal ATO confirms that the ATO is not a legal entity. ………… Mr B. Bissett of the illegal ATO implies that he is not concerned that the ATO is not a legal entity ………… He totally avoided the issue that he may be liable to imprisonment for 7 years for obeying the order or ………… commands of a committee or body not legally constituted, per the Criminal Code Act 1899.

just like your birth certificate

which is separate to you the flesh and blood being

all is well,be at peace

namaste

- : )

Back to top

ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : ) ╰დ╮ॐ╭დ╯

IP Logged

Bobby. Gold Member Offline Australian Politics Posts: 103647 Melbourne Gender:	Re: Labor destroys business for start up companies. Reply #23 - Jun 3^rd, 2013 at 11:10am Hi master Light, notice the victim received no remedy. He was still made bankrupt. cheers Bobby
Back to top	IP Logged

Sir lastnail

Gold Member

Offline

Australian Politics

Posts: 30070
Gender: male

Re: Labor destroys business for start up companies.
Reply #24 - Jun 3^rd, 2013 at 11:41am

It's ironical that gillard decides to create a whole lot of NDIS public servant jobs in geelong to replace the manufacturing jobs lost by Ford which was just another billion dollar tax payer gamble that never paid off Sad

Perhaps if labor stopped this charade of taxing the sh.t out of small startups and stealing from Universities whilst putting money into the pockets of property hoarders then geelong could have created lots of REAL jobs from nurturing small start-ups with innovative ideas just like how Tesla Motors started !!

But of course labor and liberal won't do this because they are inherently corrupt and believe in gambling australia's future by selling off the farm to foreign corporations and putting all of their money on the one mining horse which is now losing Sad

Back to top

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

IP Logged

Bobby.

Gold Member

Offline

Australian Politics

Posts: 103647
Melbourne
Gender: male

Re: Labor destroys business for start up companies.
Reply #25 - Jun 3^rd, 2013 at 12:21pm

Nail,
Quote:

Perhaps if labor stopped this charade of taxing the sh.t out of small startups

Yes Nail,
the tax dept. - Labor - is just not interested in helping small business.
They want to tax them before they make any money.
PAYG tax takes money before it's made &
taxing shares in a business that might be worthless by the time it's sold
is a shocking way to undermine business.
A new employee can't be offered a share bonus.
It looks like that stupid rule might be changed -
maybe before the election.

Back to top

IP Logged

Bobby. Gold Member Offline Australian Politics Posts: 103647 Melbourne Gender:	Re: Labor destroys business for start up companies. Reply #26 - Jun 3^rd, 2013 at 4:52pm I am surprised that this thread has not gained more traction - surely everyone would like to bitch about the tax dept.? They don't seem to want to work with business but rather against business.
Back to top	IP Logged

it_is_the_light Gold Member Offline Christ Light Posts: 41434 The Pyramid of LIGHT Gender:	Re: Labor destroys business for start up companies. Reply #27 - Jun 3^rd, 2013 at 8:09pm
Back to top	ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : ) ╰დ╮ॐ╭დ╯ IP Logged

Bobby. Gold Member Offline Australian Politics Posts: 103647 Melbourne Gender:	Re: Labor destroys business for start up companies. Reply #28 - Jun 4^th, 2013 at 6:53am Master Light - I already replied to that. The tax dept. has huge power: they can freeze bank accounts - force bankruptcy etc. Don't make light of them - excuse the pun.
Back to top	IP Logged

Bobby. Gold Member Offline Australian Politics Posts: 103647 Melbourne Gender:	Re: Labor destroys business for start up companies. Reply #29 - Jun 5^th, 2013 at 12:28pm I am bumping this thread up again because of it's extreme importance. Unless Tony - when he gets in - encourages innovation we are all doomed to a low standard of living. Does he have the balls to do it?
Back to top	IP Logged