Australian Small Business Tax Mastery: Navigate GST, Deductions, and Compliance Like a Pro

Australian small businesses are vital to the economy, but tax compliance is a major source of confusion. Here’s your 2025 expert guide to GST, deductions, concessions, and tax planning—with up-to-date, citable sources.

The 2025 Tax Landscape for Australian Small Businesses

·       Company Tax Rate: Small businesses (turnover under $50 million) pay a reduced company tax rate of 25% for 2024–2025, unchanged from previous years

·       GST (Goods and Services Tax): Registration is mandatory for enterprises with turnover above $75,000 AUD per year. If registered, you must charge 10% GST on taxable sales, claim GST credits for business expenses, and lodge regular BAS returns

·       PAYG Withholding and BAS: PAYG withholding, reporting for superannuation, and BAS lodgement are all essential employer obligations.