Sole Trader Tax Returns Made Simple
Running your own business as a sole trader? Lodge your tax return online for $229, with your business deductions checked and reviewed by a certified tax agent.
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Only $229
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Agent reviewed
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Direct ATO pre fill
Start My $229 Sole Trader Return
We pull available personal income and ATO details in automatically alongside your business figures
Getting Started
Do You Need to Lodge a Sole Trader Tax Return?
As a sole trader, there is no separate business tax return. Your business income and expenses are reported alongside any other income you earn in the one individual tax return. If you hold an ABN and traded during the year, lodging is generally required, even in a year your business made a loss.
Running a Business
Business Income and Deductions
Whether you invoice as a tradie, consultant, creative or rideshare driver, your business income needs to be included in your tax return, and you may have running costs along the way that could be deductible.
Home Office
Running costs for the space you use to work from home.
Vehicle & Travel
Logbook and eligible work related travel costs.
Tools & Equipment
Tools and equipment used to run your business.
Insurance & Fees
Business insurance and professional or membership fees.
Other Expenses
Other eligible business running costs may apply.
Not sure what you can claim? We make it easier to identify deductions you may be entitled to.
GST and BAS
What About GST and BAS?
Registering for GST
If your business turnover reaches $75,000 or more in a financial year, registering for GST is compulsory. Below that threshold, it is optional. Tax Falcon can help you work out where your business sits.
Lodging Your BAS
If you are registered for GST, you will also need to lodge a Business Activity Statement, usually every quarter. This sits alongside your annual tax return and is worth keeping on top of throughout the year.
Cover Everything
Also Own Property or Investments?
No extra fee. If more than one of these applies to you, it is all covered under the same $229.
Own a Rental Property Too? (linked card)
See how Tax Falcon handles rental income, loan interest and depreciation on our Property Tax Return page.
Have Shares or Managed Funds? (linked card)
See how Tax Falcon handles dividends, distributions and capital gains on our Investor Tax Return page.
Note: in the page's own HTML these two cards are internal links using site-relative paths (href="/property-tax-return" and href="/investor-tax-return"), not full https:// URLs. The absolute addresses above are inferred from the taxfalcon.com.au domain used everywhere else on the site — worth confirming those two pages exist at exactly those paths.
How It Works
Your Sole Trader Tax Return in 3 Simple Steps
Step 01 — Get Started Online
Create your Tax Falcon account and start your tax return from your phone, tablet or computer.
Step 02 — Tell Us About Your Business Year
Answer a few simple questions about your business income, expenses, ABN and GST status.
Step 03 — Review and Lodge
Your return is reviewed by a certified tax agent before it's lodged with the ATO.
Transparent Pricing
How Much Does It Cost?
One flat fee, no surprises. Here's exactly what you're paying for.
$229 (all-inclusive)
One Flat Fee
Simple or complicated, it's still $229, with no per-schedule add-ons.
Deducted From Your Refund
Where eligible, our fee comes out once your refund lands, so there's nothing to pay upfront.
Tax Deductible
The cost of managing your tax affairs can generally be claimed the following year.
No Hidden Extras
Deduction checks, ATO pre-fill and agent review are all included in the $229.
Your Tax Summary (illustrative example)
PAYG income (if any)
ATO pre-fill
Business income
$68,400
Business expenses
$14,250
Estimated refund
$410
Button: Sign & Lodge Return
Illustrative example, your fee comes out of the refund shown above, not on top of it.
This is an example only. Your actual refund or tax payable depends on your income, deductions and personal circumstances.
Why Tax Falcon
Why Choose Tax Falcon?
Only $229
One transparent, flat fee for a sole trader tax return.
Direct ATO Pre Fill
We connect with the ATO to pull your available personal information in automatically.
Certified Tax Agent Review
Every tax return is checked by a certified tax agent before it's lodged.
Easy Online Process
Complete your tax return anywhere, anytime, from your phone, tablet or computer.
Help With Eligible Deductions
We help you identify the deductions that may apply to your situation.
Maximum Refund Guarantee
We help you claim every eligible deduction so you never miss a dollar.
Before You Start
What Do I Need to Get Started?
Getting your sole trader tax return sorted is easier than you might think. Here's everything worth having on hand before you begin.
ABN and Business Details
Your Australian Business Number and business structure.
Tax File Number
Used to identify your tax record.
Bank Details
For any refund to be paid.
Income and Expense Records
A summary of your business income and running costs.
Vehicle Logbook
If claiming work related vehicle use.
GST and BAS Records
If registered for GST during the year.
Questions
Sole Trader Tax Return FAQs
How much does a sole trader tax return cost?
A Tax Falcon Sole Trader Tax Return costs $229, with no extra charges for deduction checks, ATO pre-fill or agent review.
Do I need a separate tax return for my business?
No. As a sole trader, your business income and expenses are reported in your individual tax return alongside any other income you earn during the year.
What can I claim as a sole trader?
You may be able to claim eligible business running costs such as home office expenses, vehicle use, tools and equipment, insurance and professional fees. Specific ATO rules apply to each.
Do I need to register for GST?
If your business turnover reaches $75,000 or more in a financial year, GST registration is compulsory. Below that, it's optional and depends on what suits your business.
What if my business made a loss this year?
You may still need to lodge, and in some circumstances a business loss can be offset against other income. We can help you work out how it applies to your situation.
What if I also have a rental property or investments?
No problem. Our $229 fee covers every applicable schedule, whatever combination of business, property and investment income applies to you.
What records do I need to keep?
The ATO generally requires income and expense records to be kept for five years. We'll guide you through what's needed for your return as you go.
When is the tax return deadline in Australia?
The Australian financial year runs from 1 July to 30 June. If you lodge your own tax return, the usual deadline is 31 October.
Ready to Get Your Sole Trader Tax Return Sorted?
Running a business is enough to juggle without worrying about tax time. For just $229, Tax Falcon makes it easy to complete your sole trader tax return online, check your eligible deductions and have it reviewed by a certified tax agent.
Start My Sole Trader Tax Return
Only $229 for a sole trader tax return.
