The self-employed underclass
Fran O’Sullivan highlights how ill treated the self -employed are, and that they represent a business underclass. Some extracts:
* The self-employed are not eligible for the implicit tax break wage and salary earners from making employer’s contributions free from SSWCT (specified superannuation contribution withholding tax)
* Tax credits that are available to families which are explicitly not available to the self-employed unless one parent is a wage or salary earner.
* Lowering the top corporate rate to 30c will not help the self-employed