Explaining business taxes

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A range of taxes can apply to businesses. Explore what these taxes can include and look at the needs of businesses in relation to government services.

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  • Fact 14

    Women were employed for the first time at the ATO in 1917 as a result of the increased number of taxes due to the war and the loss of men to the war front.

Income tax rate

The proportion of taxable income that is paid as tax. The income tax rate is expressed as a percentage or in cents-per-dollar. Companies have a set tax rate, unlike individuals, whose tax rate increases as the amount of taxable income increases.

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