Hey,
Just to add to what's been said. You can't really run a business in Australia
without an ABN. But it is easy to get. And is low maintenance in terms of
reporting costs.
http://www.business.gov.au/BusinessTopics/Registrationandlicences/Registerfortaxation/Pages/RegisterforanAustralianBusines
Hi Joshua,
You don't need to register for GST (either as a sole trader or a company)
if your business is earning less than $75k per year. But it is worth
registering, as then you can claim back the GST on things you buy.
If you are registered for GST, then you'll need to add GST to your
invoices,
Whoops, trigger happy.
Sole trader
- income gets taxes at individual level
- no incorporation means you don't have the 'corporate veil' protecting
you (ie, you can get sued directly)
- less reporting requirements
Incorporation
- you pay taxes on the profits, though you won't get doubled taxed
Sole trader
- income gets taxes at individual level
- no incorporation means you don't have the 'corporate veil' protecting you (or
Sent by my iPhone
On Jan 25, 2013, at 11:30 AM, Joshua Partogi wrote:
> Hi Beachers,
>
> I am planning to start a very small consulting business. Can somebody
>
Hi Beachers,
I am planning to start a very small consulting business. Can somebody
explain in simple terms what are the pros & cons, tax implications
being a sole trader compared to a company (Pty Ltd).
Also, if I go for Pty Ltd, is it compulsary that I get ACN & then ABN
? Or can I just have an
Hi James,
http://www.acser.unsw.edu.au/oemf/index.html
It's not a business conference but if your interested in space mining it's
a good place to start
Cheers
Jason Held
Saber Astronautics
On Thursday, January 24, 2013 10:48:53 AM UTC+11, James Long wrote:
>
> This has to open up a plethora
7write.com just made the final 50 for Startup bootcamp Amsterdam (from over
550 applications) and we have a very good chance of making the accelerator.
However, we've been told we NEED a 3rd co-founder. Someone strong in
business development/CEO role would be ideal, but it would great to hear
Hey guys, help us out and take this super quick 10 question survey:
http://www.surveymonkey.com/s/TJZST8S
Then: email it around and share it on Facebook. (This part is really important!)
We are exploring making the core product set for Yepgot: camper vans/motor
homes, camper trailers and carava
