You started this business on your own. That doesn't mean you have to run it alone. Get personalised tax, compliance and business advice designed for sole traders.
Claim everything you're entitled to. We identify deductions you might miss and help you keep more of what you earn.
Avoid costly errors and ATO attention. We lodge your returns accurately and on time, every quarter.
We help you understand the right time to move from sole trader to company structure based on your income and goals.
Understand superannuation options, income protection and retirement planning tailored to sole traders.
We prepare and lodge your annual tax return optimised for sole trader deductions. Maximise your claims and minimise your tax bill.
Quarterly BAS lodgement handled with precision. We ensure accuracy, meet deadlines and keep you compliant with the ATO.
Regular assessment of whether sole trader is still the right structure for you. We help you plan for growth and optimise your setup.
A qualified advisor you can call on throughout the year. Get answers to tax questions, advice on deductions, and strategic guidance.
If we don't identify at least one way to improve your tax position, we'll refund the advisory fee in full.
Understanding Your Business
We learn how you operate, your income streams, and your financial goals. This helps us tailor advice that fits your situation.
Tailored Support
Your advisor handles tax, BAS, and compliance - personalised to your sole trader setup. We handle the complexity so you don't have to.
Growth Planning
Regular reviews ensure your structure and strategy still fit as your business evolves. We help you plan for growth.
It’s not a legal requirement, but a good accountant will find deductions you didn’t know existed, keep you ATO-compliant, and save you time. For most sole traders, the savings outweigh the cost.
If an expense is directly related to earning your business income, you can likely claim it. Common deductions include home office costs, vehicle expenses, tools and equipment, insurance premiums, marketing, and software subscriptions. The golden rules: it must relate to earning income, you need a receipt, and you can only claim the business portion of shared expenses.
Common signs include: your income is consistently in higher tax brackets (companies pay a flat 25% for eligible small businesses), you want to protect personal assets from business liabilities, or you’re looking to bring in investors. A company means more compliance, so get tailored advice before making the switch.
You must register if your business turnover hits $75,000 or more per year ($150,000 for not-for-profits), or if you provide taxi or rideshare services. Below the threshold, it’s voluntary – but being registered lets you claim GST credits on business purchases and can make your business look more established. Once registered, you’ll need to lodge BAS (typically quarterly) and charge 10% GST on your goods and services.
Unlike employees, you’re not legally required to pay super for yourself — but without an employer contributing, your retirement savings won’t grow on their own. The good news: voluntary contributions are generally tax-deductible, reducing your taxable income while building your nest egg. If you hire workers, you are required to pay the Super Guarantee for them at the current rate.
Enter your details and we'll connect you with an advisor who specialises in sole trader businesses.
By clicking on 'Submit an enquiry' you are agreeing to the Lawpath Terms & Conditions