See the real profit on this month's work, not just the top line.
For sole traders and small firms where 'busy' doesn't always mean 'making money'. Tracks income, expenses and estimated tax for the 2025-26 financial year, all on your device.
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Income
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Expenses
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Financial Year Summary — 2025-26
Total income YTD$0.00
Total expenses YTD$0.00
Net profit YTD$0.00
Estimated income tax$0.00
Estimated Medicare levy (2%)$0.00
PAYG instalments already paid$0.00
Estimated tax bill remaining$0.00
Set aside roughly per month$0.00
What the law actually says
- •Your bill is income tax at resident rates plus the 2% Medicare levy on your net profit (income minus deductible expenses).
- •Track it monthly and the July–June bill stops being a shock. Most sole traders pay through the year via PAYG instalments, which prepay it.
- •Estimate only — not financial advice. Confirm your position with a registered tax agent.