Free tax calculator for Australian sole traders & freelancers. Calculate income tax, GST, and super in seconds.
Enter your income to see your tax obligations and take-home pay
GST registration is required if your turnover exceeds $75,000
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Set aside money monthly
Don't wait until tax time! Save ~30-40% of your income for tax obligations.
Pay Super yourself
As a sole trader, you're responsible for your own superannuation contributions.
Keep receipts
Track all business expenses to maximize deductions and reduce taxable income.
Australian freelancers and sole traders pay tax on their business income using the individual income tax rates. For the 2024-25 financial year, the tax-free threshold is $18,200, with rates ranging from 19% to 45% depending on your income.
The Medicare Levy is 2% of your taxable income and helps fund Australia's public health system. Most freelancers need to pay this on top of their income tax.
You must register for GST if your business turnover is $75,000 or more. If registered, you charge 10% GST on most goods and services, then pay this to the ATO quarterly via Business Activity Statements (BAS).
As a sole trader, you're responsible for your own super contributions. While not mandatory, it's recommended to contribute at least 11.5% of your income to build retirement savings and receive tax benefits.
Consider consulting a tax accountant if your income exceeds $100,000, you have complex deductions, or you're unsure about your tax obligations. The cost is tax-deductible!
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Disclaimer: This calculator provides estimates based on 2024-25 tax rates. Individual circumstances vary. Consult a registered tax agent or the ATO for personalized advice. This tool does not account for tax offsets, HELP debt, or other adjustments.