ABN registration ( Australian Business number ) is an advantage to any on-line job producing an income.
- Without an ABN registration number an amount equal to 46.5% can be withheld from an amount otherwise paid to you.
- Having an ABN number substantially reduces errors when you are dealing with the tax office.
- Regardless of how many commercial enterprises you are involved in, you will have one convenient ABN registration number.
- Highly advised for any on-line self employed person whom must manage finances and where modest income may dictate every dollar counts.
- Various on-line jobs simultaneously can be included under the one ABN number.
- The flexibility of on-line work and simply quoting the ABN in invoices is extremely easy and to facilitate that one can register for the ABN number on-line, but also via paper transaction or through a tax agent.