Luke Mangan calls to abolish payroll tax to restore business confidence
Michael is joined by Luke Mangan, leading chef & restaurateur, who says the government must cut payroll and FBT taxes if they want to restore business confidence.
Mr Mangan, whose portfolio includes Luke’s Kitchen in Waterloo and glass brasserie in the CBD, writes in the SMH, ‘if the government wants to be all about jobs, jobs, jobs, then we in the business can do that if they abolish payroll tax.’
‘It really is crazy to penalise companies for employing staff. But if the tax goes, it will give small business some hope to continue in the future and create more jobs.
Likewise, the Fringe Benefit Tax, or FBT.’
‘Like payroll tax, this tax just does not make sense.’
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