New ATO Benchmarks for Timber Floor installers

These new ATO benchmarks indicate an expected range of income for timber floor installers based on the labour and materials used. They apply to timber floor installers who work directly with household customers.

The ATO have developed the benchmarks with advice from the Australian Timber Flooring Association and trade participants.

You can use these benchmarks to:

• Compare your performance to the rest of the timber floor installation industry, and
• Check that your tax records accurately reflect your income

These benchmarks represent the industry norm. You should consider your own personal circumstances when using the benchmarks to assess your situation. For example, your income may differ from the benchmarks if you work part-time.

For more information download this FREE fact sheet ==> Timber Floor Installers