Accountant handover report
Bundle your inputs, the three structure projections, the recommendation reasoning and (if relevant) Division 7A figures into a single page you can print to PDF and email straight to your tax agent.
TradeDesk · Business structure projection
Accountant handover report
Generated: 07/05/2026
FY: 2025-26
| Structure | Tax payable | Net retained | Effective rate | Annual compliance |
|---|---|---|---|---|
| Sole Trader | $51,538 | $126,962 | 29.5% | $1,500/yr |
| Pty Ltd Companyrecommended | $42,088 | $133,412 | 25.9% | $4,500/yr |
| Discretionary Trust | $51,538 | $121,962 | 32.2% | $6,500/yr |
Tax figures use ATO 2025-26 individual brackets (sole trader / trust) and 25% base-rate company tax (Pty Ltd). Excludes GST, super, Medicare levy surcharge, FBT, and CGT.
Pty Ltd Company
- At $180,000 profit and no income-splitting opportunity, a Pty Ltd Company captures the 25% company tax rate on profits you don't need to draw, plus limited liability and credibility with commercial clients.
- Important: if more than 50% of your income comes from your personal labour as a sole plumber (rather than from labour of employees, materials, or a structured business), the ATO Personal Services Income (PSI) rules may attribute company or trust income back to you personally — defeating most of the tax advantages. Your accountant must check the PSI tests (Results test, 80% test, Unrelated Clients test, Employment test, Business Premises test).
Important — read before relying on this report
This report is generated by TradeDesk as general educational guidance only. The figures use simplified ATO 2025-26 tax rates and do not account for GST, superannuation, Medicare levy surcharge, fringe benefits tax, capital gains tax, Personal Services Income (PSI) rules, Section 100A (TR 2022/4), Division 7A in full, or your personal financial circumstances.
TradeDesk is not a registered tax agent and does not provide tax advice under the Tax Agent Services Act 2009. You must obtain advice from a registered tax agent or qualified accountant before establishing or changing your business structure or implementing a bucket-company / Division 7A strategy.