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The small business company tax rate reduced from 30% to 28.5% for income years commencing on or after 1 July 2015. This lower rate also applies to small businesses that are corporate unit trusts and public trading trusts.
The company tax rate remains at 30% for all other companies that are not small business entities.
Source: https://www.ato.gov.au/Tax-professionals/Prepare-and-lodge/Tax-Time-2016/Overview-of-key-changes/
