PDA

View Full Version : New business, unsure about tax requirements



blake_101
10-06-2008, 08:29 AM
Im planning on opening a ebay store and selling stock that ive ordered from a China wholesaler. I was wondering if there was anything i need to do about tax and stuff, And if i need to register my business or get a ABN. I live in Australia.

ta,
Blake

Evan
10-06-2008, 10:20 PM
Unfortunately, I'm not aware of the requirements in Australia.

Generally you would need to register your business in some way with the government, and report your net business income on your tax return.

Sorry I couldn't be of additional help.