GST Registration
If an online business turns out to be the great success story that you planned, your annual turnover might exceed the $75,000 threshold set for GST (Goods and Services Tax) registration. With an ABN, you can reclaim the GST on all business purchases and keep more money flowing through your business; this can be crucial if you plan to add new lines to your online store regularly.
Again, credibility is vitally important and if you are GST registered, your customers will place more faith in your products and services because they will have a good idea of how much money the business generates. By building loyalty on the benefits the ABN provides, your conversion rates and repeat sales should rise proportionally.
Adding your ABN to any website or online store is a virtual seal of credibility that prospects trust immediately. If a customer has to make a choice between your website and the products of a competitor who still trades with all of the professionalism of a hobbyist, you will almost inevitably win the sales battle and their custom every time
Interested in joining our team? Why not apply today?
About Our Traineeships:-
Join the Market Leader in 2016 – Accounting Traineeships
Looking to study a B.Com at University of Newcastle in 2016?
Bottrell Business Consultants are a Multi Award Winning Firm
We have 2016 Traineeships available – work 3 days Study part-time 2 days
Apply now to Tara Skippen on tara@bottrellaccounting.com.au – send resume & cover letter
www.bottrellaccounting.com.au or check us out on Facebook, Twitter, Instagram or LinkedIn
Offices – East Maitland | Newcastle | Sydney | Melbourne | Brisbane | Gold Coast
Bottrell Business Consultants Pty Ltd – Chartered Accountants and Business Advisors.
The Bottrell group incorporates Bottrell Business Consultants, Bottrell Accounting & Taxation, Maitland Accounting & Taxation, East Maitland Accounting Services and Mobile Bookkeeping & Recruitment.
Our group of businesses & links include the following companies (& our websites);-
- Bottrell Accounting & Taxation – Visit out website
- Bottrel Business Consultants Pty Ltd – Visit our website
- Maitland Accounting & Taxation – Visit our website
- East Maitland Accounting Services – Visit our website
- Mobile Bookkeeping & Recruitment – Visit our website
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