Does Medicare levy apply to both sole traders and companies?
No. This calculator applies Medicare levy only to sole trader mode.
Estimate business tax for sole traders and companies.
Source values reviewed on 21 February 2026.
Sole trader profit is taxed at individual resident rates. Medicare levy can apply.
| Business type | Rate method |
|---|---|
| Sole trader | Individual resident tax rates (plus optional Medicare levy estimate) |
| Company (base rate entity) | 25% |
| Company (standard) | 30% |
No. This calculator applies Medicare levy only to sole trader mode.
Base rate entity uses 25%. Standard company uses 30%.
No. Sole trader profit uses individual tax rates. Company profit uses company tax rates.