Sole Trader vs Company in Australia: Which Structure Is Right for You?
In short: For many freelancers starting out in Australia, a sole trader structure is the obvious choice because it is simpler and cheaper to run. A company gives limited liability and a flat 25% tax rate for base rate entities, but costs more in fees and compliance. It is worth considering when taxable business income is regularly above $135,000 and you don't need to withdraw all of it.
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