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Sole trader tools · 2026–27 rates

What will you actually owe the ATO this year?

Enter your business profit after expenses. This works out your income tax, Medicare levy and low income offset using current 2026–27 resident rates, then splits it into quarterly instalments so nothing surprises you in May.

$

This is your profit, not your revenue — turnover minus deductible business expenses.

Estimated tax owing

$0
Effective rate: 0%
Income tax$0
Medicare levy$0
Low income tax offset−$0
Total payable$0

What's left

$0
After tax, levy and offset
Per month$0
Per week$0
Suggested set-aside rate0%

How your income moves through the brackets

Quarterly PAYG instalments

Once your instalment income crosses the ATO threshold, tax is paid in four instalments rather than one lump sum. Here's roughly what each quarter would need to cover, if your tax bill were spread evenly.

Q1 · Jul–Sep
$0
Q2 · Oct–Dec
$0
Q3 · Jan–Mar
$0
Q4 · Apr–Jun
$0

Tired of doing this by hand every quarter?

Tools like QuickBooks Self-Employed or Hnry track deductions and set aside tax automatically as invoices land, so this number is never a guess.

See a tool that automates this →

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