Sole Trader Start Up

Central Coast Sole Trader Accounting

Startup & Sole Trader Business Services

Startup Business

Partnership Setup

Accounting For Startups

What You Need Know

Are You Starting Up A Small Business?

Starting your own business is an exciting journey, and at Tax Stuff, we’re here to support you every step of the way! Whether you’re launching as a sole trader or establishing a startup, our expert team offers comprehensive services to ensure your business is set up for success from day one. In summary, at Tax Stuff, we understand the unique challenges faced by sole traders and startups. Our goal is to provide you with the tools, knowledge, and support to make informed decisions and grow your business confidently. Our service includes but is not limited to:

Structure Advice

Our skilled team of Accountants will guide you in choosing the right business structure to suit your goals and obligations.

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Registrations

We offer assistance with registering for essential business identifiers and tax obligations, including ABN, GST & PAYG.

Software Setup

Our Central Coast team can setup and support you in getting a user-friendly accounting software in place to manage your finances.

Tax Compliance

Preparation and lodging of Business Activity Statements (BAS) and income tax returns, ensuring compliance with the ATO.

Licenses & Insurances

We can assist and leverage our network of trusted partners to help you obtain all the appropriate licenses and insurances you need.

Ongoing Support

We offer continuous support and grow with you to navigate the challenges of running your business, with expert advice just a call away.

Tax Guide

Accounting Software
for Sole Traders

At Tax Stuff, we make bookkeeping easy by setting up and supporting the right accounting software tailored to sole traders. We recommend simple, efficient tools like Xero or QuickBooks that keep your records clean, automate invoicing, and make tax time stress-free. We’ll get you set up properly from day one, and be here to support you when you need us.

Sole Trader Accounting Explained

Being a sole trader means you’re legally responsible for all aspects of your business including the books. At Tax Stuff, we break it all down so you know what’s due and when. From tracking income and expenses to meeting ATO obligations like BAS and annual returns, our team takes care of the numbers so you can focus on growing your business.

Have a Question?

Contact Us Today

Would you like to book an appointment with one of our skilled accountants? Do you have a question, or would you simply like to make an enquiry? Please fill out our contact form, and a member of our friendly team will get back to you within 24 hours.

FAQ

Common Questions and Answers About Sole Traders

Do I need a business account as a sole trader?

While it’s not strictly legally required, having a separate business account as a sole trader makes it much easier to manage your finances and track income and expenses. At Tax Stuff, we always recommend separating your personal and business finances for clarity and tax compliance.

Yes! At Tax Stuff, we stay across local, state, and federal grant opportunities. We can help identify what you may be eligible for and assist with applications or introductions to government programs or grant writers.

Technically yes, but we don’t recommend it. Mixing personal and business transactions makes your bookkeeping messy and harder to audit. We’ll help you get set up with a dedicated business account for clean, professional records.

No, it’s not mandatory—but it’s smart. A business bank account keeps your records clean, simplifies tax time, and gives you a more professional look. Tax Stuff can help you set one up with the right structure from the start.

Setting up a business with Tax Stuff means you’re getting it right from day one. We’ll guide you on the best structure, register your ABN, ensure you’re ATO-compliant, and help you avoid costly mistakes—so you can focus on getting your idea off the ground.

Yes! In most cases, our fees are tax-deductible as part of your business startup and ongoing operational costs. We’ll make sure you’re claiming everything you’re entitled to—because that’s what we do best at Tax Stuff.

Testimonials

Tax Stuff Client Reviews

5.0
Based on 99 reviews
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Nomi Kyle Female
22:44 28 Feb 25
I highly recommend these accountants especially Brad. They really do know their stuff at tax stuff. They make you feel very relaxed and comfortable will go a mile to make you feel comfortable. I’m very happy with the outcome of my appointment.
Andy
00:14 22 Feb 25
Very knowledgable. Easy to work with.
Jay Schaeffer
22:55 04 Feb 25
Brad and the team at Tax Stuff made doing my taxes so easy! I barely had to lift a finger, and they somehow managed to save me way more money than I expected. The whole process was smooth and stress-free. Super friendly, super efficient - highly recommend!
Mark Teasdell
01:22 29 Jan 25
I am very happy to recommend Tax Stuff. I had a couple of tax matters to finalise for my aunt's deceased estate.Dylan was fabulous at making the process easy and I am very happy with the outcome.I will definitely use Tax Stuff again in future.Thanks again Dylan and Brad
Jesse306
06:13 28 Jan 25
I highly recommend Brad and his team. He brings a wealth of knowledge and he is willing to go that extra mile for you.
Alex Shapiro
23:59 14 Jan 25
Tax Stuff is by far the most professional accounting firm I have come across. Easy to deal with and really helpful in all aspects accounting. After having a very negative (and costly) experience with another accountant, Brad, Dylan and the team are very professional with excellent & timely communication keeping me up to date with the progress of my case with the ATO.Can't recommend this business highly enough...
Vanessa Lollback
23:47 11 Jan 25
Was looking for a new Tax Accountant and came across Tax Stuff. I loved the name, and I noticed that Wayne Butler had left a glowing review. I had worked with Wayne previously so I decided to give them a try. I'm so glad I did! They were incredibly welcoming and helpful in explaining everything and answering all my questions patiently. They were also very responsive and professional. They made Tax stuff simple lol. Highly recommend Tax Stuff!
Bruce Minkley
00:45 05 Jan 25
Thanks Brad and the team at tax stuff. I found you all pleasant and efficient to work with. Would recommend you.

Ready to Setup Your Sole Trader or Partnership?

Our expert team is here to provide reliable, tailored solutions that save you time and money.