Latest ATO benchmarks released
The ATO has released updated benchmark data drawn from over 1.5 million small businesses around the country to “help small businesses across the country . . . gauge the strength of their business and keep an eye on their competition”.
Updated benchmarks for more than 100 industries are now available for the following categories:
- Accommodation and food;
- Building and construction trade services;
- Education, training, recreation and support
services; - Health care and personal services;
- Manufacturing;
- Automotive electrical services;
- Machinery and equipment repair and maintenance;
- Architectural services;
- Veterinary services;
- Retail trade; and
- Transport, postal and warehousing.
The benchmarks are one of the tools the ATO uses to crack down on the black economy, along with data matching and referrals from the community.