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  #   012-073 - ATO Small Business Benchmarks

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  The Australian Taxation Office (ATO) produces benchmarking tables for particular industries compiled over a period of several years from income tax returns lodged and some industry participation. The ATO has stated that these benchmarks provide a snapshot of what, on average, is happening in busine ...[Read more](#hikashop_show_tabular_description)

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 The Australian Taxation Office (ATO) produces benchmarking tables for particular industries compiled over a period of several years from income tax returns lodged and some industry participation.

The ATO has stated that these benchmarks provide a snapshot of what, on average, is happening in businesses operating in a particular industry by providing a measure of various business costs in relation to turnover in regional areas and capital cities. These tools have two purposes:

- To provide taxpayers with a useful, independent tool to assess their business performance; and
- To help the ATO and tax agents to identify business that may be avoiding their tax obligations.

This paper is discussed under the following headings:

- Australian Taxation Office Small Business Benchmarks - Introduction
- Types Of Benchmarks
- How The ATO Uses Benchmarks
- How To Calculate The Ratios For Performance Benchmarks
- Input Benchmark Guide
- Industry Types
- When The Business Is Outside The Benchmark
- Summary