The ATO has recently updated its annual small business benchmarks. Click on the link below to compare your business performance against similar businesses in your industry.
The Benchmarks are updated on an annual basis with new financial year data. The purpose of the update is to ensure the benchmarks reflect the performance of businesses over time.
Benchmarks are key financial ratios developed from information provided by businesses on activity statements and tax returns that can help you compare your business performance against similar businesses in an industry.
If you need more information or help to implement this strategy for your wealth protection,
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