![]() © Australian Taxation Office for the Commonwealth of Australia If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice. Make sure you have the information for the right year before making decisions based on that information. Some of the information on this website applies to a specific financial year. If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take. ![]() We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations. Understanding small business benchmarks and how they help identify businesses that may be avoiding tax obligations. How the methodology and labels are used to develop small business benchmarks. Small business benchmarks methodology and ratio calculations How we use business performance benchmarksīenchmarks are one of the tools we use to identify businesses that may be avoiding their tax obligations. If you find a mistake in your tax when checking against small business benchmarks, you need to correct the information. ![]() What it means to be outside the benchmark rangeįind out why your benchmark is above or below the range for your business turnover in your industry. ![]() You can compare your business's performance against others in your industry by using our small business benchmarks. There are different types of small business benchmarks that help compare your business' performance. ![]()
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