(Aggregated turnover of over $2 million.) Prepayments The prepayment rule for other small businesses applies to business taxpayers with a group turnover of $2 million or more. General Deductions Staff Bonuses – ensure a cheque has been written prior to 30th June 2016 and PAYG withholding tax deducted. Staff Holidays – where practical, encourage staff … Continue reading Entities Not Defined As Small Business