Why you need an ABN?

Why you need an ABN?

The Australian Business Number (ABN) makes business activities easier. It’s your key to a quicker and smarter way of dealing with other businesses and government. The Australian Business Register gives you instant electronic access to ABN information. Available 24 hours, seven days a week – it’s easier, smarter and saves you time.

The Australian Business Number (ABN) is a single identifier for all business dealings with the tax office and for dealings with other government departments and agencies, which allows:

• Helps you claim goods and services tax (GST) credits
• Lets you claim fuel tax credits you qualify for
• If you do not use an ABN with businesses you deal with, this may result in amounts being withheld from payments to you under pay as you go (PAYG) withholding
• Allows businesses to easily confirm your details for ordering and invoicing.

If your business has a GST turnover of $75,000 or more (or $150,000 or more for not-for-profit entities) you must register for GST and you’ll need an ABN to do this. If your business has a lower GST turnover, it’s up to you whether you register. Contact Maitland Accountants today to set up your ABN.

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