Estimate Australian sole-trader income tax.
LiveAustralia1 credit
What it does
Estimate a resident sole trader’s annual income tax, Medicare levy, small business tax offset and take-home earnings, with the balance to pay and PAYG instalment entry.
Ask your AI
Estimate Australian sole-trader income tax. Ask me for any detail you need first, then show the result with its source and date, and list anything a person should check.
What comes back
Resident individuals only.
Good to know
- Resident individuals only.
- The small business offset needs confirmed turnover under $5 million.
- Deductions are not assessed: enter taxable business income.
For developers
| Tool ID | au_business_income_tax |
|---|---|
| Server | Australia |
| Credit behaviour | 1 credit |
Input schema
{
"$schema": "https://json-schema.org/draft/2020-12/schema",
"type": "object",
"properties": {
"tax_year": {
"type": "string",
"enum": [
"2025-26",
"2026-27"
]
},
"taxable_business_income": {
"type": "number",
"minimum": 0,
"maximum": 100000000
},
"other_taxable_income": {
"type": "number",
"minimum": 0,
"maximum": 100000000
},
"tax_already_paid": {
"type": "number",
"minimum": 0,
"maximum": 100000000
},
"resident_status": {
"type": "string",
"description": "Resident status for tax purposes. Enter 'resident' or 'Australian resident'."
},
"turnover_under_5m": {
"type": "boolean"
}
},
"required": [
"tax_year",
"taxable_business_income",
"resident_status"
],
"additionalProperties": false
}Shared output schema
{
"$schema": "https://json-schema.org/draft/2020-12/schema",
"anyOf": [
{
"type": "object",
"properties": {
"summary": {
"type": "string"
},
"data": {
"type": "object",
"propertyNames": {
"type": "string"
},
"additionalProperties": {}
},
"executionId": {
"type": "string",
"format": "uuid",
"pattern": "^([0-9a-fA-F]{8}-[0-9a-fA-F]{4}-[1-8][0-9a-fA-F]{3}-[89abAB][0-9a-fA-F]{3}-[0-9a-fA-F]{12}|00000000-0000-0000-0000-000000000000|ffffffff-ffff-ffff-ffff-ffffffffffff)$"
},
"creditsCharged": {
"type": "number",
"minimum": 0
},
"usage": {
"type": "object",
"properties": {
"credits_charged": {
"type": "integer",
"minimum": 0,
"maximum": 9007199254740991
},
"credits_remaining": {
"anyOf": [
{
"type": "integer",
"minimum": 0,
"maximum": 9007199254740991
},
{
"type": "null"
}
]
}
},
"required": [
"credits_charged"
],
"additionalProperties": false
}
},
"required": [
"summary",
"data",
"creditsCharged"
],
"additionalProperties": false
},
{
"type": "object",
"properties": {
"error": {
"type": "object",
"properties": {
"code": {
"type": "string"
},
"message": {
"type": "string"
},
"retryable": {
"type": "boolean"
}
},
"required": [
"code",
"message",
"retryable"
],
"additionalProperties": false
},
"usage": {
"type": "object",
"properties": {
"credits_charged": {
"type": "integer",
"minimum": 0,
"maximum": 9007199254740991
},
"credits_remaining": {
"anyOf": [
{
"type": "integer",
"minimum": 0,
"maximum": 9007199254740991
},
{
"type": "null"
}
]
}
},
"required": [
"credits_charged"
],
"additionalProperties": false
}
},
"required": [
"error"
],
"additionalProperties": false
}
]
}