Small business entity concessions

Small businesses can access a range of concessions including payment and reporting options. This applies to sole traders, partnerships, companies or trusts.

To qualify for these concessions, you'll need to determine if your business is a 'small business entity' for the income year. You must review your eligibility each year.

If you are not a 'small business entity', you may still qualify for certain small business concessions based on your aggregated turnover.

Next steps  

• Eligibility – work out if you're a small business entity

Find out about:

• What's new for small business
• Concessions