AUSTRALIA SOLE TRADER TAX SET-ASIDE · RUNS IN YOUR BROWSER · NOTHING UPLOADED

How much of what you earn should you set aside for tax?

Enter your business income and expenses. You get income tax, Medicare levy, an optional HELP repayment, and the share of every invoice to put away.

Written from the published ATO resident rates for 2025-26 and 2026-27 without a live lookup. The ATO decides. Not tax advice.

Enter your income, then click Calculate.

What it does, and what it leaves to you

Common questions

How much of my sole trader income should I set aside for tax in Australia?

Often 20% to 30% of profit once you add income tax and the 2% Medicare levy, but it depends on your profit. Enter your income and expenses here for a number built from the actual rates.

Do sole traders pay super?

Not compulsorily. You pay income tax and Medicare levy on your profit; any superannuation you contribute for yourself is voluntary.

Do I pay tax quarterly as a sole trader?

After your first assessment the ATO may place you on PAYG instalments if your tax is above $1,000. Instalments are usually due 28 October, 28 February, 28 May and 28 July.

When must I register for GST?

When your GST turnover reaches $75,000 in a 12-month period. GST you collect belongs to the ATO, so keep it out of your set-aside.

Is my data uploaded anywhere?

No. Everything is calculated in your browser and nothing is sent.