it's Tax Time, and our ✨Sole Trader Accountant services Glow Up✨


Hi Reader,

I am reaching out as we prepared your tax return in the past or you have told us you want us to sort your next tax return for you. Our Sole Trader Accountant services have gotten a spectacular ✨Glow Up✨, and I am excited to share all the new ways you can call in Accountant support from us for your Sole Trader business.

​Book in your tax return once and get the Accountant support you need year-round with complimentary quarterly Live Q&A Sessions.

NEW THIS YEAR - Quarterly Live Q&As >> Book in your Sole Trader Tax Return with us and get complimentary access to Quarterly Live Q&A Sessions with Diana and the Balance Tax Accountant Team. In the live Q&As you can get answers to all your tax, business, and bookkeeping questions, no topic is off limit! You can even submit questions in advance or anonymously!

👉The tax return deadline is 15 May 2025 when you are working with a tax agent like us.

A major perk of sorting your tax with the Balance Tax Squad is you will have the peace of mind that your tax is being prepared by a professional team who are supersleuths at sniffing out tax deductions and will make sure you never over pay tax. It's like having your own tax fairy godmothers!💸💸
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We would love to get the tax party started with you, and there are three ways you can book in with us!

➡️ Dive into your Prepaid Sole Trader Tax Return, starting at $559 incl GST. (We kept our services affordable with a price increase of only $10 compared to last year!)
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➡️ Want to be the boss of your cash flow? Split the cost of your tax return into two easy fortnightly payments! (Just check that magic box on our booking form when booking in).

➡️ Need your Quarterly BAS returns sorted too? Our Sole Trader Tax and BAS packages are customised to your needs and start from $169 per month.

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How We are Supporting ✨Sole Traders✨ Better than Ever

​Learn Sole Trader Money Skills with Diana​
This is YOUR year to get confident in your numbers, learn the CEO money skills needed to grow your business, and do it all with Diana leading the way! The online program has two payment options and starts July 20th and includes monthly Live Q&As at times to suit a variety of schedules.
Learn more here.

​Tired of Another Xero Price Increase? Switch to Rounded and Save!​

Rounded for Sole Traders is the perfect bookkeeping app **if you are not needing payroll functionality** as part of your accounting software. Subscriptions start from $20 a month and you get a free no-obligation 30 day trial by Signing Up Here.

👉Want Accountant support in making the switch to Rounded? Join our Rounded for Sole Traders program for $97 and starting saving money today.

​Accountant Video Answers - From $19 Incl GST​
Don't have time for a meeting? Our popular
Video Answer service has expanded - with options now starting from $19 Incl GST. Get your Xero and Tax questions answered by expert accountants within 3 business days.

​Accessible Tax Services​

We understand that sometimes funds aren't as flexible, but you still want quality and proactive accountants on your tax team. If this is you, then our Accessible Services may be an option for you. We review each application individually and do what we can to meet you where you are at.

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Has the ATO Enrolled you in PAYG Instalments?

As a sole trader, the only way to get a tax refund in your return is to prepay income tax through the PAYG Instalment Scheme. The ATO is mandatorily enrolling all sole trader ABN holders over the next 18 months, and asking you to prepay tax every quarter. Once enrolled, this is not optional. Look out for this notice from the ATO when you receive it via your MyGov Account.

To learn more about what the PAYG Instalment scheme, and what this means for your tax, check out this video I made explaining it or read this article we wrote containing all the details and the options you have to vary the amount the ATO wants you to pay.

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Tax Return Due Dates

12 July 2024 – First Day the ATO is Processing 2024 Tax Return Refunds

31 October 2024 – 2024 Tax Return Deadline if you Lodge Yourself

15 May 2025 – 2024 Tax Return Deadline if Balance Tax prepares Your Return

30 May 2025 – Last Day to Lodge before HECS debt indexation

30 June 2025 – Last Day to Lodge without forfeiting Family Tax Benefits

Got questions? Feel free to reach out, we're all ears and ready to take the stress out of tax and be the most proactive accountants we can be for you! 💙
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Reply back to this email and tell me which of our new Sole Trader offerings you are the most excited about!
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​Relax, it's Balance Tax

P.S. If you unsubscribe, we will take that as notification you have moved to another accountant, and we will exit you from our client list. Please let us know if that is not the case and you still want to hear from us!

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PO Box 576 Balcatta WA 6914 Australia
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Diana Todd

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