Expert advisory tailored to sole traders

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.

What is Sole Trader Advisory?​

Dedicated accounting and tax support for sole traders​

Sole Trader Advisory is comprehensive support designed specifically for your needs. We handle your tax obligations, maximise your deductions, manage your GST and BAS, and help you make smart decisions about your business structure.

Whether it's understanding what you can claim, lodging your quarterly returns on time, or knowing when to move from sole trader to company structure, we've got you covered.

Why It Matters

Running a sole trader business means juggling many responsibilities. Proper tax and compliance support gives you clarity and confidence to focus on what you do best.

Maximise your deductions

Claim everything you're entitled to. We identify deductions you might miss and help you keep more of what you earn.

Get your GST and BAS right

Avoid costly errors and ATO attention. We lodge your returns accurately and on time, every quarter.

Know when to restructure

We help you understand the right time to move from sole trader to company structure based on your income and goals.

Plan for your future

Understand superannuation options, income protection and retirement planning tailored to sole traders.

What we offer for Sole Trader Advisory

Annual Tax Return Preparation

We prepare and lodge your annual tax return optimised for sole trader deductions. Maximise your claims and minimise your tax bill.

BAS & GST Management

Quarterly BAS lodgement handled with precision. We ensure accuracy, meet deadlines and keep you compliant with the ATO.

Business Structure Review

Regular assessment of whether sole trader is still the right structure for you. We help you plan for growth and optimise your setup.

Ongoing Advisory Support

A qualified advisor you can call on throughout the year. Get answers to tax questions, advice on deductions, and strategic guidance.

Lawpath's Sole Trader Advisory Guarantee

If we don't identify at least one way to improve your tax position, we'll refund the advisory fee in full.

Annual

For sole traders wanting year-end support

$799

Ongoing

For sole traders wanting year-round support

$249/month

How it works

STEP 1

Understanding Your Business

We learn how you operate, your income streams, and your financial goals. This helps us tailor advice that fits your situation.

STEP 2

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.

STEP 3

Growth Planning

Regular reviews ensure your structure and strategy still fit as your business evolves. We help you plan for growth.

Frequently Asked Questions

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.

Get Expert Sole Trade Advice Today!

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