Know how much to put away with Rounded’s tax calculator
Don’t waste time with a manual calculator every time you want to check how much tax you’ll pay.
Rounded keeps you on top of your tax obligations with real-time estimates based on your income and expense data. Medicare levy and PAYG instalments are factored in automatically.
Automatic GST tracking and BAS preparation
Rounded tracks GST and automatically calculates the numbers you need to submit your quarterly Business Activity Statement via MyGov.
On average, Rounded users can lodge their BAS in under 2 minutes.
Instant, accurate reports for your tax return
If you’ve kept your income and expenses up-to-date, you won’t need to do anything else come tax time.
Rounded generates income, expense, and profit and loss reports with a click. Use the date filter to create reports for any period.
Detailed insights into income and expenses
Pinpoint top clients and services – and the amount you spent on each – so you can focus on the most profitable business activities.
Securely share data with your accountant
Give your accountant direct access to your data. No more sharing spreadsheets or PDFs.
Get notified when they access your account and update their permissions anytime.
Full oversightUltimately, you’re the one who’s accountable to the ATO. Rounded streamlines tax preparation and gives you total control over the process.
No new bank accountUnlike some sole trader tax tools, you won’t need to open a new bank account or give us access to your money.
Get started straight awayMake use of Rounded’s tax calculations from Day 1. Ask the team how to import historical data to help complete previous tax returns.
Australian-madeRounded was built just for Aussie sole traders, so you can be confident we know our way around the tax system.
Always up-to-dateNo need to do any manual tax calculations. Enter income and expenses and Rounded will take care of the rest.
Better record-keepingSafely store receipts, reports, and income and expenses in one place – easy to find if the ATO ever comes calling.
I love that I can quickly find the $ info I need for my BAS and give my accountant access to Rounded for the yearly tax return. I also love that because Rounded is an Australian company they know what GST is all about. Highly recommended!
As a sole trader, tax used to be something I dreaded. I hated doing my business activity statement and keeping track of my PAYG instalments. But with Rounded, I barely have to do anything! It takes about 30 seconds to pop the numbers into my BAS, and all I have to do for my income tax return is share access to my account with my accountant.
Doing my business taxes used to be the hardest part of being a freelancer. Now, it literally takes me minutes to submit my return every year. I love the tax calculator – it makes it super easy to see where I stand throughout the year so I can make sure I have enough stashed away.
Find out why +10,000 sole traders use Rounded to take care of tax
Doing your first tax return as a sole trader, or need a quick refresher?
Our Ultimate Sole Trader Tax Guide has everything you need to know about:
Estimating your taxable income
Business expenses and deductions
PAYG instalments and BAS
Lodging an income tax return as a sole trader
Explore more Rounded features
Easy InvoicingSimple, professional invoicing on mobile and desktop. Customise your templates, receive online payments and set automatic reminders for your clients.
AI-powered expense trackingEasily track your business expenses and store receipts digitally. Securely connect your bank and let our AI do the data entry.
Built-in time trackingAccurately capture every second spent on work – whether you’re in your home office, on-site with a client, or out and about.
All Rounded FeaturesSimple business and accounting tools to help Australian sole traders get paid, look professional and be ready for tax time.