We welcome the opportunity to provide a submission on the Consultation paper ‘Tackling the Black Economy: Designing a modern Australian Business Number system’. We are currently researching businesses that are smaller than the current ‘small business’ category and yet more than just a hobby. We are in the process of building a case for a new definition of a ‘microbusiness’ and the need for this group of businesses to be formally recognised as a separate subset in order that they can be monitored and supported by government programs. The definition is based on the need for theses microbusinesses to be registered with an ABN. We are also conducting this research based on experience with markets where many microbusinesses operate on a cash only basis and are not required to provide an ABN to the market organisers. Our submission is based on our research into this aspect of microbusinesses.
|Number of pages||24|
|Publication status||Submitted - 22 Aug 2018|