TrueRate: Contractor Tax

You're earning $900 a day. How much of it is actually yours? TrueRate is built for Australian contractors, freelancers and sole traders. It turns your day or hourly rate into what you keep after income tax, the Medicare levy, GST, super, business costs and the weeks you don't get paid for. Then it tells you how much of your business balance is safe to spend. SAFE TO SPEND Enter your business balance and TrueRate takes out what's spoken for: the GST you've collected, the income tax to put aside, super and upcoming expenses. What's left is yours. KNOW WHAT A RATE IS WORTH • Income calculator: change your rate, working week or time off and watch your take-home move, live • Contract vs permanent: the salary and super a permanent job would need to pay to match your contract • Should I take it?: a contract, how long it runs and the gap after it, against staying where you are • Compare two offers: salary, super, bonus and leave side by side, with what you keep from each • Share your rate: a clean card with your day rate and its salary equivalent, and nothing you haven't chosen to show PLAN THE YEAR • Contracts: every contract's dates, working days and what each month will invoice, with public holidays in your state skipped • What's coming up: every BAS, super deadline and contract ending, with a reminder before each one • What rate do I need?: start from the take-home you want and work back to a day rate • Can I afford time off?: pick the dates of a break and see what it costs and what to have saved • What if…: a rate rise, more leave or extra super, next to today • Ways of working: sole trader, company, PAYG contractor, casual or permanent, the same year side by side • For your accountant: your year as a PDF, with every assumption written down • Home Screen and Lock Screen widgets for Safe to Spend, your contract countdown and the next BAS HOWEVER YOU CONTRACT Sole trader, your own Pty Ltd (with the personal services income rules, or as a personal services business with a salary, company tax and franked dividends) or paid wages through an agency. TrueRate uses the 2026–27 Australian resident tax rates, the Medicare levy and surcharge, HELP repayments, the 12% super guarantee, the concessional cap and Division 293. Every figure shows the assumptions behind it. PRIVATE BY DESIGN No account, no bank connection, no tax file number. Everything you enter stays on your iPhone. TrueRate collects no data. TRUERATE PRO The income calculator, contract vs permanent, offer comparison, one contract and the share card are free. Pro adds Safe to Spend, What's coming up and reminders, the accountant summary, unlimited contracts, forecasts and what-if scenarios, the rate finder, the time off planner, ways of working and widgets. Pro is A$7.99 a month or A$59.99 a year, and each plan starts with a one-week free trial for eligible Apple Accounts. Payment is charged to your Apple Account when the trial ends. The subscription renews automatically unless it is cancelled at least 24 hours before the end of the current period, and can be managed or cancelled in your App Store account settings. Terms of Use: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/ Privacy Policy: https://enlitened.github.io/truerate-support/privacy.html Estimates for planning only. TrueRate provides estimates for planning and information. It is not tax, legal or financial advice, and it is not a substitute for a registered tax agent. Confirm your obligations with the Australian Taxation Office or a registered tax professional.