The tax savings app for Australian sole traders
As a sole trader, nobody withholds tax from your income, so it is up to you to put money aside. Bazy automatically sets aside a percentage of every client payment for tax and GST, so tradies, contractors and freelancers can stay ahead of the ATO without thinking about it.
Join WaitlistExample incoming payment
$3,300.00
GST / BAS savings
10% of every deposit
$330.00
Income tax buffer
20% of every deposit
$660.00
Stays in your account
70% of every deposit
$2,310.00
Illustrative percentages only. Choose your own.
How Bazy works for sole traders
- 01
Connect the account clients pay into
Link your existing account in a couple of minutes. Keep your bank, your accountant and your invoicing tools.
- 02
Set your tax and GST split
Choose the percentages to set aside for income tax and, if you’re registered, GST.
- 03
Get paid and get on with work
Every payment is split automatically, whether you’re on site, with a client or on the road.
Built for tradies, contractors and freelancers
Lumpy income, handled
Bazy sets aside a percentage of each payment, so big and small jobs are covered alike.
No spreadsheets
Stop working out what to transfer after every invoice. It happens automatically.
Ready for tax time
Arrive at tax time with the money already set aside, not a debt to pay off.
| Feature | Manual transfers | Bazy |
|---|---|---|
| Tax money separated the moment you are paid | No | Yes |
| Works with your existing bank account | Yes | Yes |
| Keeps your current accountant | Yes | Yes |
| No transfers to remember after every invoice | No | Yes |
| Can send money straight to the ATO | Yes | Yes |
Frequently asked questions
What is the best tax savings app for Australian sole traders?
Look for an app that sets money aside automatically, works with your existing bank and doesn’t make you change accountants. Bazy is built to do exactly that for sole traders, tradies, contractors and freelancers.
Do sole traders need to set aside their own tax?
Generally yes. Sole traders usually aren’t taxed at the source, so setting aside part of each payment helps you cover your tax return and any PAYG instalments.
Can I use Bazy with my current accountant?
Yes. Bazy only handles setting money aside. Your accountant continues to prepare your returns and give advice.
Bazy helps you set money aside. It isn't tax advice. For guidance on what you owe, speak with your accountant or see:
Start saving automatically today
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