Tuesday, May 29, 2012

Carbon tax baffles small business: survey

The federal government is going to great lengths to explain to households its compensation package for the upcoming carbon tax but a new survey suggests it should be giving small business a guiding hand.

Almost half of small businesses are unclear about what the price on carbon will mean to them, even though the impost will be introduced within weeks.

A survey by business software provider MYOB found that those in agriculture, forestry and fishing, and construction and trade are the most uninformed about the $23-a-tonne carbon price that starts on July 1, while those in finance and insurance are the most informed.

See full Article.