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Last updated: 6 June, 2024
business.gov.au branding
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A sole trader structure may be right for you.
A sole trader is the simplest form of business structure and can be inexpensive and easy set up.
As a sole trader you’re responsible for everything in your business including debts, losses and day-to-day decisions. You can employ people too.
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Based on your selections the sole trader structure might suit your business needs.
A sole trader is an individual and the sole owner of the business.
The income your business makes belongs to you. You report the income on your individual tax return and pay tax on your business income at your income tax rate.
You're responsible for all decisions and losses in your business. This means you have complete control over your business, but it also means your personal assets are at risk if things go wrong.
Tool result components can be used on the Single column - information page layout, the Single column - tool page layout and the Two column - tool page alternate layout.
Layout:
The content area is 8 grid-columns wide.
Tool result components span the full width of the content area.
The content area is 9 grid-columns wide.
Tool result components span the full width of the content area.
The content area is 11 grid-columns wide.
Tool result components span the full width of the content area.
The content area is 12 grid-columns wide.
Tool result components span the full width of the content area.
The content area is 9 grid-columns wide.
Tool result components span the full width of the content area.
The content area is 10 grid-columns wide.
Tool result components span the full width of the content area.
The content area is 12 grid-columns wide.
Tool result components span the full width of the content area.
The content area is 8 grid-columns wide.
Tool result components span the full width of the content area.
The content area is 11 grid-columns wide.
Tool result components span the full width of the content area.
The content area is 12 grid-columns wide.
Tool result components span the full width of the content area.
Results components allow the user to review and edit results from a process or tool they have stepped through. Edit links return the user to the appropriate page in a tool so they can change their answer.
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Toasts can be left aligned or centered depending on the page context.
Pops up like cooked bread in a toaster.
Toasts can be left aligned or centered depending on the page context.
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