How to Setup Your ABN (Detailed Walkthrough)

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  • Опубліковано 4 гру 2024

КОМЕНТАРІ • 34

  • @jackjack605
    @jackjack605 Рік тому +4

    I am not sure what to put my main business activity down. Because I will definitely be using my ABN as jewellery making/retail business, but I might also be using it as a contractor as a scuba diver too

  • @raphaelwong4891
    @raphaelwong4891 9 місяців тому

    I have submitted twice and got rejected. Your video helped me to register an ABN successfully. Thank you! Good video :)

    • @DavieMach
      @DavieMach  9 місяців тому +1

      Nice to hear! It’s so confusing for someone who doesn’t look at accounting or business terms everyday

  • @vivianxwei
    @vivianxwei Рік тому

    Love the life update Davie!! And such a helpful guide with ABN setup 🙌🏼

  • @godzilla5502
    @godzilla5502 10 місяців тому +3

    hey dave, with the address part i dont have a business address yet as it will be a online business for the first few months, what could i put in that part does it have to be my personal address? thank you

  • @JB53522
    @JB53522 14 днів тому

    Can you start a business / apply for an ABN on a Working Holiday Visa? Thank you

  • @musiclibrary1657
    @musiclibrary1657 10 місяців тому

    Thanks Dave

  • @simran5961
    @simran5961 Місяць тому

    Heyy,
    Kindly help, for a person who wants to post content on youtube, what kind of key words can i use to describe and match the category? I have been looking for appropriate match but haven’t able to find one

  • @elel2223
    @elel2223 9 місяців тому

    Hello,
    If I already have an ABN, am I allowed to create a new one to register my Amazon business with?
    Thank you for the videos.

    • @DavieMach
      @DavieMach  9 місяців тому

      You can have multiple businesses under one abn. You only get one ABN per entity. So if you want another ABN, you must likely need to setup a new company.

  • @harpreetkaurdhou4360
    @harpreetkaurdhou4360 4 місяці тому

    Hello can I ask you people on working holiday visa can work on ABN ? If yes, than they are classified as resident or non resident for tax purposes?

  • @AsleyG
    @AsleyG 4 місяці тому

    Hi Davie, do you recommend having insurance when someone starts a small e-commerce business as a sole trader? Also, applying for a superannuation? thank you!

    • @DavieMach
      @DavieMach  3 місяці тому

      I cant advise on this because I am not licensed to . but i do have a good video on insurances so please check it out.
      Paying super is dependent on how much you make. If you make enough and have some left over then you should definitely consider super.

  • @isaac_varcoe
    @isaac_varcoe Рік тому

    thanks davie

  • @zr6067
    @zr6067 2 місяці тому

    If i am employed as a site engineer and being paid on abn what update should i have to do . Previously i made it for food delivery . Is it ok to use same one ? Does it have any legal complications

    • @DavieMach
      @DavieMach  2 місяці тому

      @@zr6067 yes it’s fine to use your soletrader abn

  • @yacuuu
    @yacuuu 8 місяців тому

    Can i register an abn as a tourist visa holder? What is the best way to register a business in australia as a foreigner

  • @prabathwerahera1961
    @prabathwerahera1961 11 місяців тому

    Thank you

  • @shuaaghsreeb830
    @shuaaghsreeb830 Рік тому +1

    Does anyone know which business activity ? For drop shipping !! And the category as well ?

    • @sheilaodhiambo4052
      @sheilaodhiambo4052 Рік тому +1

      I'm trying to figure that out too 😭 I just said that it's operating in the Indirect Tax Zone but im not sure if it's right :/

    • @mukeshwarsingh270
      @mukeshwarsingh270 Рік тому

      @@sheilaodhiambo4052 It's not right. It has "Digital media" or something like that for all these... I'm a blogger

  • @jam05eun
    @jam05eun 8 місяців тому

    Hi Taxman, Im an international student and will apply for ABN. How can I prove to ATO that I just work for 40 hours forthnightly? Is it mandatory to add hours work on invoice? Thanks!

  • @senghourtouch840
    @senghourtouch840 6 місяців тому

    Hi Davie, i just registerd Company PTY LTD, why question is do i need to register an ABN ?

    • @DavieMach
      @DavieMach  6 місяців тому

      most likely yes!

  • @crazylights7616
    @crazylights7616 8 місяців тому

    Hi Davie, I currently have ABN for Ride-share driving. I want to start a Drop shipping business, do I need to get a new ABN? Thank you!

    • @DavieMach
      @DavieMach  8 місяців тому

      No, same one can be used unless you setup a new company

  • @lasharyn2361
    @lasharyn2361 9 місяців тому

    What if I don’t have my business brand name as an email yet? Do i just use my personal email?? As i am applying as an individual/sole trader

    • @DavieMach
      @DavieMach  9 місяців тому

      It’s fine to use a personal email

  • @bangtanboys3371
    @bangtanboys3371 7 місяців тому

    I have applied for My ABN on 12th April, Application Reference No received, but still awaited for ABN. What to do

    • @DavieMach
      @DavieMach  7 місяців тому

      Give it another 2 weeks and if they still dont provide it then you can ABR a call and quote your reference no.

  • @Usmantanoli-i6l
    @Usmantanoli-i6l 10 місяців тому

    can you please tell me. can i apply ABN from pakistan for doing my business in Australia

    • @DavieMach
      @DavieMach  10 місяців тому

      Yes you can but you need a tfn

  • @nataliasworldyt
    @nataliasworldyt Місяць тому

    Hey! I am graduating from a degree in December and starting my business in Jan 2025. Would I do Jan 2025 as the start date? Or Oct 2024, as I have started buying some stock. Cheers! :)

    • @DavieMach
      @DavieMach  28 днів тому

      Depends what you prefer but I generally like to start it as early as possible so it looks like you have been in business for longer. Great for when you are applying for loans or leases etc