On May 12, 11:41 am, Nathan de Vries <nat...@atnan.com> wrote: > On 11/05/2010, at 4:01 PM, Tim Bull wrote: > > > You only need an ABN to collect GST. > > If you don't register for an ABN and provide goods or services, when > customers / clients pay your invoices they need to deduct 48.5% and > pay it to the ATO on your behalf. Good luck running a business like > that.
As I've pointed out, he should get advice and understand the reasons for all sorts of pros and cons. My point is not that NOT having an ABN is a good idea, simply that he doesn't need even an ABN to get close to his customers and validate a business idea. Clearly when he's likely to have customers an ABN is a very logical first step. T -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://tr.im/ujKF No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en