You can claim the small business income tax offset if you are a small business sole trader or have a share of net small business income from a partnership or trust. For the 2020–21 income year, the small business income tax offset increases to 13% in 2020–21 and to 16% from the 2021–22 income year.
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You can claim the small business income tax offset if you are a small business sole trader or have a share of net small business income from a partnership or trust. For the 2020–21 income year, the small business income tax offset increases to 13% in 2020–21 and to 16% from the 2021–22 income year.

Visit Site: [**https://msitaylor.com.au/2020-21-tax-changes-for-small-businesses/**](https://msitaylor.com.au/2020-21-tax-changes-for-small-businesses/)

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