ATO business benchmarks

ATO business benchmarks

ATO releases latest business benchmarks

ATO business benchmarks

The ATO says that the 2013/14 data is now available for the Small business benchmarks.

The ATO uses the benchmarks as a guide on industry trends to identify businesses that may be avoiding their tax obligations by not reporting some or all of their income.

Small business benchmarks

The ATO says that using the Small business benchmarks can assist with building clients’ businesses

They say that practitioners should compare their clients’ details against similar businesses in their industry and see how competitive they are or where improvements can be made.

Ref: ATO website- Building business with benchmarks

https://www.ato.gov.au/

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