Liability limited by a scheme approved under Professional Standards Legislation                                                                                                                            © 2018 by Bruce Mulvaney & Co

Bruce Mulvaney & Co​

 

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Level 4, 858 Glenferrie Rd,

Hawthorn, Vic, 3122

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April 1, 2016

Comparing how your business performs against others in your industry is a good way to monitor your business’s financial health. An easy way to do this is to use the ATO's small business benchmarks.

 

Benchmarking is evaluating your performance against some meaningful standard. In this case, the ATO has provided some useful statistics from over 100 industries based on data sourced from the 2013–14 financial year income tax returns and business activity statements of over 1.3...

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