ATO releases small business benchmarks across 100 industries

The Australian Taxation Office (ATO) provides small business benchmarks to help owners assess their business performance and ensure they meet tax obligations.

Updated annually with data from over 2 million small businesses, these benchmarks are valuable tools for understanding how your business compares to others in the same industry.

The benchmarks cover a wide range of industries and offer key metrics such as income, expenses, and profit margins. By comparing your business to industry standards, you can identify areas of improvement, manage cash flow more effectively, and make informed decisions about growth.

To access the benchmarks, use the ATO app’s business performance tool or visit the Small Business Benchmarks page on the Australian Taxation Office website.