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You don’t need payroll — just a plan.
You don’t get “paid” like an employee when you’re a sole trader. You take drawings — and then you pay tax on the profit.
Here’s how to do it without screwing yourself:
Transfer weekly — but only what the business can afford. Keep tax and super aside. Better still just pay it directly to the ATO every week. Future-you will thank you. Track drawings — so you’re not shocked at BAS time.
Want to stay clean? Want to stay ahead? This Accounting Revolution shows what you’ve earned, what’s safe to draw, and what to leave alone.
Get paid — without blowing up your tax.