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Tax Calculator
TAX
CALCULATOR
Sole Trader & Contractor Take-Home Pay · 2024–25
AUS 2024–25
01 — Your Income
Annual Gross Revenue
$
Total income before any deductions
Annual Business Expenses
$
Tools, vehicle, insurance, etc.
02 — Settings
Residency
Australian Resident
Non-Resident
Medicare Levy Exemption
Pay full 2%
Half exemption 1%
Full exemption 0%
HELP / HECS Debt
No
Yes
Private Health Insurance
No
Yes (MLS exempt)
Note:
This calculator uses 2024–25 Australian tax rates for sole traders. It is a guide only — speak to your accountant for personalised advice. GST is separate and not included in take-home calculations.
Your Tax Breakdown
Take-Home Pay
$0
$0 / week
Gross Revenue
$0
Business Expenses
$0
Taxable Income
$0
Income Tax
$0
Medicare Levy
$0
HELP Repayment
$0
TAKE HOME
$0
Tax as % of revenue
0%
Enter your income
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