Tools / Australian Finance Tools / Tradie Financial Dashboard
Tradie Financial Dashboard Australia
Set your daily rate, track tax reserves, GST and take-home pay as an Australian tradie or sole trader.
🔧 Tradie Financial Dashboard
Frequently Asked Questions
How much should an Australian tradie charge per day?
A good rule of thumb is to divide your desired annual income by your billable days (typically 200-220 per year), then add a loading for business expenses (20-30%), super (11.5%), tax (based on marginal rate) and GST (10%). For example, to net $100,000 on 200 days: daily rate ≈ $100,000 ÷ 200 × 1.65 = ~$825/day inc. GST.
What percentage of income should a sole trader save for tax in Australia?
As a sole trader in Australia, a commonly recommended rule is to set aside 25-30% of your gross income for income tax. This covers your marginal tax rate, Medicare Levy and any HECS repayments. Keep this in a separate savings account and pay quarterly PAYG instalments to the ATO to avoid a large tax bill at year end.
Do tradies need to charge GST in Australia?
If your annual turnover exceeds $75,000 you must register for GST and charge 10% on your labour and materials. If below $75,000 you can register voluntarily. Once registered, add 10% to all invoices and lodge a quarterly BAS.
How does superannuation work for self-employed tradies?
Self-employed tradies are not required to pay themselves super, but it is strongly recommended for retirement savings. Voluntary super contributions are tax-deductible up to the $30,000 concessional cap and taxed at only 15% inside the fund instead of your marginal rate.