Calculator

Build your sole trader reserve rule

Start with the payment pattern that actually hits your bank. Buffer turns it into a reserve rule, but it also asks for the tax facts that materially change HELP, Medicare levy, MLS, GST credits, and deductible super.

Live reserve ratio Explicit tax assumptions Shareable URL state
02RESULTS
Live reserve rule
7
/100

On $4,500 in — reserve $297 immediately — $2,703 is yours. Assumes payments of $4,500 usually arrive monthly.

Tax 7Levy 1HELP 0GST 0Super 0Costs 33Pay 60

Move now

$297

Per incoming payment

Business costs

$1,500

Estimated per cycle

Owner pay

$2,703

After costs + reserves

Quarterly target

$892

Monthly reserve

$297

03BREAKDOWN
Model inputs

The reserve rule is only as good as these tax bases

Four figures that drive everything: taxable income, HELP income, MLS income, and GST registration status.

Taxable income

Used for income tax and Medicare levy.

$36,000

HELP repayment income

Includes deductible super when relevant.

$36,000

MLS income

Used for surcharge testing.

$36,000

GST status

GST is excluded from the reserve unless you choose to model registration.

Not registered
Assumptions

Important conditions behind this estimate

  • Uses single-person Medicare levy and MLS settings.
01INPUTS
Configure

Set cashflow, then add the legal details that change tax.

Accuracy-first: asks for facts that materially change Medicare levy, MLS, HELP, GST credits, and deductible super.

Quick presets

01

Cash coming in

Define the recurring pattern

Planning shortcut, not a turnover test in legislation.

If GST registered, use GST-inclusive amounts and set the credit method below.

02

Tax profile

Affects HELP, Medicare, MLS

03

GST treatment

Net GST depends on credits

04

Super reserve

Cash bucket + deduction setting

Breakdown

See exactly where the reserve goes.

Shows all major cash and tax components explicitly — the gap between the reserve ratio and owner pay.

Income tax
7/100$2,848
Levy + MLS
1/100$720
HELP
0/100$0
GST
0/100$0
Super
0/100$0
Business costs
33/100$18,000
Owner pay
60/100$32,432

Monthly reserve

$297

Monthly owner pay

$2,703

GST credits assumed

$0

HELP income base

$36,000

Why your rule looks like this
  • Assumes payments of $4,500 usually arrive monthly.
  • Estimated business costs of $18,000 are deducted before owner pay is shown.
Edit inputs ↑
Next steps

Use the reserve rule inside the rest of your workflow

The next tool depends on whether you need BAS detail, annual modelling, or the next due date.

Short routes

Pick the next action based on what is still unclear

These routes keep the reserve rule in context instead of forcing every sole trader question through one calculator.

FAQ

Frequently asked questions

What is a tax buffer for sole traders?
A tax buffer is an amount you set aside from each payment to cover income tax, GST, and optionally super. It prevents a large tax bill at year-end by building a reserve throughout the year.
How much should a sole trader set aside for tax?
A common starting point is 25-30% of gross income, but the exact amount depends on your total annual income, deductions, HELP debt, and whether you're registered for GST. This calculator gives you a personalised reserve ratio.
Does this calculator include GST?
Yes. If you indicate you are registered for GST, the calculator factors in GST collected and any input tax credits to determine your total reserve amount.
Should I include super in my tax buffer?
Optional but recommended. Sole traders can claim deductible super contributions up to $30,000 per year. Including super in your buffer builds the saving habit and provides a tax deduction.
How often should I transfer money to my tax buffer?
Transfer with every payment received, or at minimum weekly. The key is consistency — treating your reserve as a non-negotiable cost of doing business.

Tax Accuracy & Sources

Reviewed: March 2026 · Tax year: 2025-26

Estimates a sole trader tax and GST reserve rule based on annualised income patterns. Does not constitute tax advice. Actual tax obligations depend on full-year income, deductions, and ATO assessments.


Last updated 13 March 2026 Tax year 2025-26

Data sources: ATO (ato.gov.au), Services Australia

This tool is general information only, not financial advice.

Reviewed by AusTax Tools Editorial Desk

Read our methodology →