Australian Business GrantsFinder
Ongoing

Small Business Income Tax Offset

Funding
Up to $1,000
Region
Commonwealth
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Overview

The Small Business Income Tax Offset provides unincorporated small businesses with a tax offset of up to $1000 per year. The offset is worked out on the proportion of tax payable on your business income. The Australian Taxation Office (ATO) will work out the amount of your offset based on your business income.

Eligibility Requirements

Must be carrying on a small business as a sole trader, or have a share of net small business income from a partnership or trust. Must have an aggregated turnover of less than $5 million for the 2016–17 income year onwards.

Who Can Apply

Sme

Relevant Industries

Economic Development

How to Apply

Applications are submitted through the official government portal. Review the eligibility criteria carefully before applying, and ensure all supporting documents are prepared.

Visit the official application page
Disclaimer: Grant information is sourced from official government websites and updated regularly. Always verify current eligibility and deadlines on the official program page before applying.

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