Sole trader tax

How much tax will I pay as a sole trader?

Pick the income closest to yours. Each page shows the income tax, the Medicare levy, the effective rate, your take-home and the amount to set aside each week, worked from the 2025-26 resident rates, with the brackets shown so you can see how the number is built.

General information only, not tax advice. Confirm current rates on the ATO site.

Tax on every income level

$20,000
$688 tax
3.4% effective
$14 a week
$25,000
$1,588 tax
6.4% effective
$31 a week
$30,000
$2,488 tax
8.3% effective
$48 a week
$35,000
$3,388 tax
9.7% effective
$66 a week
$40,000
$4,288 tax
10.7% effective
$83 a week
$45,000
$5,188 tax
11.5% effective
$100 a week
$50,000
$6,788 tax
13.6% effective
$131 a week
$55,000
$8,388 tax
15.3% effective
$162 a week
$60,000
$9,988 tax
16.6% effective
$193 a week
$65,000
$11,588 tax
17.8% effective
$223 a week
$70,000
$13,188 tax
18.8% effective
$254 a week
$75,000
$14,788 tax
19.7% effective
$285 a week
$80,000
$16,388 tax
20.5% effective
$316 a week
$85,000
$17,988 tax
21.2% effective
$346 a week
$90,000
$19,588 tax
21.8% effective
$377 a week
$95,000
$21,188 tax
22.3% effective
$408 a week
$100,000
$22,788 tax
22.8% effective
$439 a week
$110,000
$25,988 tax
23.6% effective
$500 a week
$120,000
$29,188 tax
24.3% effective
$562 a week
$130,000
$32,388 tax
24.9% effective
$623 a week
$140,000
$35,938 tax
25.7% effective
$692 a week
$150,000
$39,838 tax
26.6% effective
$767 a week
$160,000
$43,738 tax
27.3% effective
$842 a week
$170,000
$47,638 tax
28.0% effective
$917 a week
$180,000
$51,538 tax
28.6% effective
$992 a week
$190,000
$55,438 tax
29.2% effective
$1,067 a week
$200,000
$60,138 tax
30.1% effective
$1,157 a week
$220,000
$69,538 tax
31.6% effective
$1,338 a week
$250,000
$83,638 tax
33.5% effective
$1,609 a week
$300,000
$107,138 tax
35.7% effective
$2,061 a week

The 2025-26 resident tax brackets

Taxable incomeTax on this income
$0 to $18,200Nil
$18,201 to $45,00016c for each $1 over $18,200
$45,001 to $135,000$4,288 plus 30c for each $1 over $45,000
$135,001 to $190,000$31,288 plus 37c for each $1 over $135,000
$190,001 and over$51,638 plus 45c for each $1 over $190,000

Plus the Medicare levy at 2% of taxable income. The pages ignore the low-income Medicare reduction and tax offsets, so at lower incomes the real bill can be a little smaller. The 16% rate is legislated to change from 1 July 2026; confirm current rates on the ATO site.

Why the number matters more when you are self-employed

An employee never sees their tax because the employer withholds it each pay. A sole trader receives every dollar and owes the tax later, in one bill after the first year and then in quarterly PAYG instalments. The only reliable fix is to set aside a share of every payment as it lands.

What FlowFi does with it

Tax Pot works out the set-aside from your real transactions as the year goes on, shows the gap between what you have put away and what you will owe, and tells you what to move each week. GST is tracked separately and every BAS label is prepared for you to copy into ATO Online.

Sole trader tax calculatorSetting aside money for taxPAYG instalments explainedSole trader tax deductions

Stop guessing what to set aside

Upload a bank statement and FlowFi categorises every transaction, flags GST, builds your BAS and keeps a Tax Pot running. Pro is $29 a month or $290 a year, with a 14-day free trial and no card needed.

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General information only, not tax advice. Confirm current rates on the ATO site.