What small businesses spend, as a share of turnover

The Australian Taxation Office publishes ranges for small businesses' main costs as a share of turnover, by industry and size. This page sets them out by industry and turnover band.

The ranges come from tax returns and activity statements of small businesses in each industry. The ATO publishes them so businesses can compare their own figures. This page reproduces them and is not connected with the ATO.

Veterinary services

Industry: Veterinary services

In Veterinary services, the ATO's range for businesses with turnover of more than A$800,000 was 74% to 84% of turnover on total expenses in 2023-24.

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The ATO's ranges for Veterinary services, turnover of more than A$800,000, 2023-24Each cell is the ATO's range for that cost as a share of turnover. The table below gives the same figures.

Source: Australian Taxation Office, Small business benchmarks 2023-24. © Australian Taxation Office for the Commonwealth of Australia. Not endorsed by the ATO. Arranged by industry and turnover band by onestepright.

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onestepright, "What small businesses spend, as a share of turnover", updated October 2026, https://onestepright.com/small-business-cost-ratios#ratios-band. Source: Australian Taxation Office, Small business benchmarks 2023-24. © Australian Taxation Office for the Commonwealth of Australia. Not endorsed by the ATO. Arranged by industry and turnover band by onestepright.

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<a href="https://onestepright.com/small-business-cost-ratios#ratios-band"><img src="https://onestepright.com/embed/small-business-cost-ratios/ratios-band.png" alt="The ATO's ranges for Air conditioning, refrigeration and heating services, turnover of more than A$600,000, 2023-24. From onestepright.com. Source: Australian Taxation Office, Small business benchmarks 2023-24. © Australian Taxation Office for the Commonwealth of Australia. Not endorsed by the ATO. Arranged by industry and turnover band by onestepright." width="704" height="432" style="max-width:100%;height:auto"></a>
Cost ratios for Veterinary services, by turnover band, 2023-24
Turnover (A$)Cost of sales (%)Labour (%)Rent (%)Motor vehicle (%)Total expenses (%)
100,000 to 300,00018 to 28Not published6 to 114 to 744 to 67
300,001 to 800,00020 to 27Not published5 to 82 to 455 to 77
More than 800,00021 to 25Not published3 to 51 to 174 to 84

Each cell is the ATO's range for that cost as a share of turnover.

Source: Australian Taxation Office, Small business benchmarks 2023-24. © Australian Taxation Office for the Commonwealth of Australia. Not endorsed by the ATO. Arranged by industry and turnover band by onestepright.

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Small business cost ratios by industry · onestepright