Accountants Direct are here to help with year end tax
Tax & Accounting Solutions for Sole Traders
Sole traders, don’t let taxes and account management pull you away from your business. With our expert tax accountants and bookkeepers, running your business will become easy! Specialising in tax returns and accounting for sole traders, we help you maximise.
What’s Included in Our Accounting for Sole Traders
Planning & Budgeting
Our in-house personal tax accountant helps create plans that provide a clear overview of cash flow, expenses, and other key factors essential for stable financial health.
Tax Return Preparation & Lodgement
We simplify the tax process by identifying eligible deductions and ensuring timely lodgement of sole trader tax returns, helping you maximise refunds while minimising stress and compliance risks.
Bookkeeping & Record-Keeping
We track invoices, income, expenses, and reconciliation reports to provide clear financial insights. Our accounting services for sole traders ensure compliance and accuracy
GST & BAS Lodgment
We help sole traders calculate GST obligations, claim input tax credits, and lodge BAS accurately while ensuring full ATO compliance and minimising tax-related risks.
Payroll & Superannuation Management
We streamline payroll with accurate wages, tax withholdings, and superannuation contributions, keeping your business compliant and employees paid on time.
Business Structure Advice
Provides a clear view on legal structures—sole traders, partnerships, companies, or trusts—and how choosing the right one impacts business growth financially and legally.
Accountants Direct—Simplifying Taxes Every Step of the Way!
Tax season can be complex and challenging, but at Accountants Direct, we make it effortless for your business with our expert support and services.
- Personalised assistance from tax experts.
- Secure online submission for quick processing.
- Transparent pricing with no additional charges.
- Year-round support for tax planning & compliance.
Sole Trader Tax & Accounting FAQs
Does Accountants Direct assist with GST registration & BAS lodgement?
Yes! As a trusted tax firm for sole traders, Accountants Direct provides expert assistance with GST registration and BAS lodgement. Our tax accountants for individuals ensure your business stays ATO-compliant by submitting accurate reports on time, minimising errors, and avoiding penalties.
Can Accountants Direct help a sole trader transition to a company or a trust?
es! We provide expert guidance on transitioning from a sole trader to a company or trust, covering legal requirements, tax implications, and the benefits of different business structures to help you make an informed decision.
Are there any tax deductions sole traders can claim?
Yes! As a sole trader, you can claim tax deductions on various business expenses, including office rent, travel costs, internet bills, and other operational expenses. Our expert personal tax accountants will help you identify eligible deductions and guide you through the claims process to maximize your tax benefits.
Is a tax return for sole traders necessary?
Yes, as a sole trader, your income is considered a part of your earnings for which you are obliged to file a tax return as per the ATO. Based on your earnings and expenses, there are certain allowable deductions that can be claimed on your income. You can gain assistance from Accountants Direct, where accountants for sole traders are exclusively appointed to simplify and streamline the process.
Do you need an accountant for a sole trader?
Yes, at Accountants Direct, we make sure to offer a personal tax accountant for sole traders because a hassle and stress-free taxing process and stable financial health are what matter for the long-term success of the business.
How much does it cost to do a sole trader tax return?
The cost of lodging a sole trader tax return varies based on financial complexity and required services. At Accountants Direct, we offer competitive pricing tailored to your needs. Book a call with our tax experts for a personalised quote and expert guidance on the lodgement process for sole traders.
Why is taxation and accounting for sole traders important in Australia?
Taxation and accounting for sole traders is crucial for financial stability and compliance. A tax expert ensures accurate financial tracking, minimises tax liability, and keeps records aligned with ATO regulations. This helps avoid penalties, maximise deductions, and support business growth.
Do I need a personal tax accountant?
Whether you’re a sole trader or managing a large enterprise, having a personal tax accountant from a reputable firm like Accountants Direct ensures a customised service that considers every detail of your business. They help with a tailored tax strategy that aligns with your specific accounting needs and taxation requirements.
