Sole Trader Tax Returns

Sole Trader Tax Return Services

Sole Trader Tax: If you operate your business as a sole trader, you trade on your own and control and manage the business. You are legally responsible for all aspects of the business, including any profits or losses.

As a sole trader, you can use your individual Tax File Number when lodging your income tax return, and you will need to apply for an ABN for all your business dealings.

You’ll need to pay tax at the same income tax rates as individual taxpayers and pay quarterly Pay As You Go (PAYG) installments to pay off your tax throughout the year. We can advise you how to set up your own super arrangements and for any staff you employ.

Business Structure
Growing your business can be exciting. However, its important you’re aware of what’s involved depending on your business structure, to save you time and money. That’s why we are here to help you start or evolve your company.
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A sound accounting structure and financial plan can really guide a business partnership and help avoid common pitfalls. Speak with our friendly team and gain the insight needed to make business growth possible.
bookkeeping
As technology evolves, industries like financial services have changed and so has ITP. You can now have remote support of an ITP expert. This way despite these changes you can understand the legal obligations and easily adjust.
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Starting a new business is exciting. Closing a business due to poor financial planning is all too common, disappointing & often avoidable. With an experienced ITP accountant you clarify your business structure and money flow.
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Home Form New 2018
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To make an appoitment in this region you will be redirected to ITP Queensland
To make an appoitment in this region you will be redirected Pilbara ITP
Other Tax Services
Partnership business support

PARTNERSHIPS

We can help you and your business partner navigate your taxes throughout the year

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SOLE TRADER

You may run your business by yourself, but you don’t have to worry about your financial obligations on your own

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Business Tax

We have more than 40 years experience guiding owners through their business accounting and corporate tax obligations

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Trusts

We can help you understand all your tax liabilities associated with managing a trust and its beneficiaries