As a sole trader, your success hinges on a strong financial foundation. We understand the complexities of managing your own business finances. We’ll be your partner in achieving long-term success. We offer expert tax services, bookkeeping solutions, and strategic financial planning to ensure your business thrives for years to come. Let us navigate the tax landscape for you, so you can focus on building your sole trader empire with peace of mind.

You’re required to report all business income using your Tax File Number (TFN) and pay income tax on your combined personal and business earnings through Pay-As-You-Go (PAYG) instalments. If your business employs staff, you’re responsible for withholding tax from their wages and managing their superannuation contributions. Additionally, if your business generates over $75,000 in revenue annually, you must collect and remit Goods and Services Tax (GST) and submit your Business Activity Statement (BAS) according to the schedule set by the Australian Taxation Office (ATO).