For sole traders

Expense tracking and tax, sorted for sole traders

Expense tracking for sole traders shouldn't eat your evenings. AI2Fin reads your bank feed, splits business from personal automatically, and surfaces the deductions you'd miss — so end of financial year stops being a scramble.

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What Fin does for you

Business vs personal, automatically

Every transaction is sorted the moment it lands, so your business spending stays separated from personal — no month-end cleanup, no spreadsheet.

Every deduction surfaced

Your actual spending is scanned for claimable expenses — tools, subscriptions, home-office, vehicle and travel — so you keep more of what you earn.

EOFY-ready in minutes

Hand your accountant a tidy, categorised summary instead of a shoebox. Your reports are ready whenever tax time comes around.

What you can claim

Plain-English guides to the deductions that come up most for work like yours — what usually counts, what usually does not, and the records worth keeping.

Online sellers & resellers

Global

If you sell online you can generally claim the cost of your stock, platform and payment fees, packaging and postage — and the point where a hobby becomes a business is what decides whether you declare the income at all.

Tradies

As a tradie you can generally claim the tools, protective gear, and work-related vehicle travel you pay for yourself — the things you buy to actually do the job.

Cleaners

As a cleaner you can generally claim the supplies and equipment you buy, protective clothing, and the cost of driving between clients during the day.

Rideshare & delivery drivers

As a rideshare or delivery driver you can generally claim the work portion of your car running costs, your phone and data, and app or platform fees.

Truck drivers

As a truck driver you can generally claim meal costs on eligible overnight trips, your work gear and protective clothing, and licence and union fees.

Fitness instructors & personal trainers

As a fitness instructor or personal trainer you can generally claim equipment you buy, music and programming subscriptions, first-aid and certification costs, and travel between clients or venues.

Hairdressers & beauty therapists

As a hairdresser or beauty therapist you can generally claim the scissors and tools you buy, products used in your work, and self-education that builds your skills.

Real estate agents

As a real estate agent you can generally claim work-related car travel, marketing costs you fund yourself, your phone, and licence and training costs.

Mechanics

As a mechanic you can generally claim the tools and equipment you buy, protective clothing and its laundering, and licences or training tied to your current work.

Flight attendants & cabin crew

Cabin crew returns turn on two things most occupations never meet: an allowance that may not cover what a layover actually costs, and grooming rules that feel compulsory but are mostly not deductible.

Bus & coach drivers

Bus and coach work splits sharply at the depot gate: a regular route rarely produces travel or meal claims, while overnight charter work can produce quite a few.

Guides marked Global also come in 8 markets — including the UK, US, Canada, India and the UAE.

Did you know?

A tub of Chobani yoghurt became taxable purely because it came with a separate pouch of cookie and white-chocolate pieces — making it a 'combination food'.

In a 16 June 2023 ruling the Administrative Appeals Tribunal sided with the Tax Commissioner that Chobani's Flip Strawberry Shortcake yoghurt, sold with baked cookie and white-chocolate bits, was a taxable combination food rather than GST-free plain yoghurt.

Source: HWL Ebsworth — Case alert: Tribunal finds yoghurt combination not GST-free

Hungary levies the highest standard VAT rate on Earth at 27%, the highest in the European Union. It applies reduced rates of 18% and 5% to certain goods such as basic foods, books and medicines. By comparison, the lowest standard VAT in Europe is Andorra's 4.5%.

Most countries' standard VAT rates fall between roughly 5% and 25%, making Hungary a notable outlier.

Source: Tax Foundation (2026 VAT Rates in Europe)
More fascinating tax facts from around the world →

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Sole traders — common questions

Can it separate my business and personal spending?

Yes. Transactions are recognised as business or personal and sorted automatically, so your books stay clean without manual tagging.

What can I claim as a sole trader?

AI2Fin surfaces common sole-trader deductions straight from your spending — things like tools, software subscriptions, home-office costs, vehicle and travel expenses — so you can review and claim what applies. AI2Fin helps you find and organise potential deductions; always confirm what applies to you with your accountant or tax authority.

Does it connect to my bank?

Yes — it uses secure, read-only bank feeds to import your transactions automatically. Your banking credentials are never stored, and you can disconnect anytime.

Is there a free plan?

Yes. Start on the free plan and upgrade only when it is saving you real time and money. See the plans below.

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