Unfair Tax Burdens on Victorian Business

A tax is a fine for doing well.  A fine is a tax for doing wrong. 

Mark Twain 

How many Taxes do we really need?

Victoria, Australia is increasingly seen as placing an unfair tax burden on businesses, with rising levies and regulatory costs stifling growth and discouraging investment.

Instead of fostering a competitive and supportive environment, the state’s approach often resembles a self-defeating cycle of over-taxation.

As the Winston Churchill aptly put it, "I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle."

This captures the essence of Victoria’s current predicament: attempting to fund prosperity by draining the very sector that drives it. 

Things you can do...

Small businesses can access a range of tax concessions from the ATO.

To qualify as a “Small Business Entity”, the business must have an annual turnover of less than $10 million and be operating a business for all or part of the 2025 year.

To find out more about how your Family Business can access these benefits, talk to us.

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