FAQs
Our system will fluctuate your tax rates up and down throughout the year (not a random fixed percentage like, say, 55%), based on how much you are earning and how much you’re claiming in tax deductions.
For this system to work correctly, it needs the right information from you, particularly about any earnings you’ve had prior to starting with Hnry.
You can view these payments by logging into your ATO account via your myGov account.
Using the Hnry app to invoice your clients is quick and easy, but if you prefer different invoicing software, or don’t invoice at all, that’s totally fine - just make sure you’ve got your Hnry Bank Account number linked to your payment services and on your invoices. You choose how you want to run your business!
How it works
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Whenever you get paid, we calculate, deduct and pay all your taxes straight away, taking into account your business expenses - before passing what’s yours on to you immediately
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Relax! What you get paid is yours to keep. We’ll file all your tax returns for free whenever they’re due, and we’ll even chase down your overdue invoices if your clients are late paying
Only pay when you’re earning!
We charge a 1% +GST fee on income paid into your Hnry Bank Account.
For this, you get full access to the Hnry service, with no joining fees or subscription costs. We won’t charge you by the hour to answer your questions, review your expense receipts or file your tax returns - so you’re always paying a fair price, and only paying as you earn.
Here’s how our pricing works:
- You pay just $1+ GST from every $100 in self-employed income you earn.
- The Hnry’s 1% fee is capped at a maximum of $1,500 per year.
- If you receive individual payments of under $50, a minimum fee of $0.50 per payment applies.
- We automatically claim your Hnry fees for you as a business expense.
Want to get up and running with Hnry?
It’s super easy to get started and only takes a few minutes!
Need a little extra help? Check out our handy guide to get you set up and running in just three simple steps.