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Carbon tax worries businesses about their bottom line 16000646 800467285 0 0 7031938 300

New figures have shown that the majority of Australian small to medium-sized enterprises (SMEs) believe that the carbon tax will have a negative impact on their bottom line.

The MYOB Poll is the largest of its kind since the federal government's carbon tax was announced, with over 3,500 businesses taking part.

Queensland reported the most pessimistic predictions, with 70 per cent of SMEs believing they will be worse off, compared to six per cent who say it will have a positive impact.

New South Wales businesses followed, with 66 per cent in favour and seven per cent against.

In every state, the majority held the opinion that they would suffer financially.

Tim Reed, chief executive officer of MYOB, says: "Outside of the resource sector, the majority of Aussie SMEs are currently locked in a struggle to maintain their existing revenue levels."

The results highlight the overwhelming concern surrounding the impact of a carbon emissions tax on smaller businesses, particularly those in the struggling retail sector.

With consumer spending down, it is more important than ever to ensure that businesses save on essentials.

A quick phone call can be all it takes to compare electricity prices for businesses and can potentially save them hundreds per year.