ABN Question
#1
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Joined: Dec 2006
Posts: 129
ABN Question
Does anyone have information about abn as the ato website does not give me the desired information i require, hypothetically speaking suppose someone worked as a sole trader and earnt example 10000 on a one off payment and used abn no. excluding the first 6000 obviously how much would have to be paid back, as a sole trader with no employees and no payg paid to abn tax site as of yet,regards
#2
Re: ABN Question
I believe it just goes on your total earnings for the year - at the end of the year you will be asked for the normal tax rate that you would have paid if you earnt that as an employee - minus any tax deductable items which were used to earn the 10000.
Graham
Graham
#3
Re: ABN Question
Does anyone have information about abn as the ato website does not give me the desired information i require, hypothetically speaking suppose someone worked as a sole trader and earnt example 10000 on a one off payment and used abn no. excluding the first 6000 obviously how much would have to be paid back, as a sole trader with no employees and no payg paid to abn tax site as of yet,regards
http://www.ato.gov.au/default.asp?menu=53
http://www.abr.business.gov.au/(rj0l...aspx?page=help
http://www.abr.business.gov.au/(d2pm...ezm)/main.aspx