Business Registration topics

Hobby ABN for a musician

Thestevenator — Mon, 24 Feb 2020 01:22:43 GMT

Hi, 5 of my friends and I (6 in total) are in a part time band. We have started playing gigs at pubs. We play about 6 per year, earning approximately $5000.
My inquiry is “would this fit the description for a hobby ABN?”
Most of the money is spent on purchasing / upgrading / maintaining musical equipment.
Thanks

myGovID

Jackie — Sun, 23 Feb 2020 05:58:15 GMT

I have been able to successfully use the myGovID app on a Samsung A50 (v 9) and on an iPhone XR, but I cannot get the app to work on a Samsung S9 (v 10). When it comes to opening the app on the phone to enter the "linking code", the app on the phone immediately shuts down, without even giving an error message.

I have uninstalled and reinstalled the myGovID app 5 times on the S9 phone. It still does not work on the S9.

Can anyone offer any advice please?

myGov ID application

Conmichaliadis — Thu, 13 Feb 2020 06:58:10 GMT

I have already installed this app on my Android phone twice and still having continuous problems. Opening app to login to ATO online. And don't direct me. To your help page provide me with an answer as to why I continue to have this problem.

MyGov Email received by a client

Rozziekaye — Thu, 13 Feb 2020 05:37:31 GMT

Hi there,

We are a Tax Agent and look after quite few businesses for our clients. One of our clients received an email from the ATO about registering for MyGov, but we do all of their work for them. What scenarios would clients of a tax agent need a MyGov login (aside from personal ones).

Smiles Roz Kaye

Registering for GST part way through financial year

bstuartcarberry — Fri, 07 Feb 2020 02:58:39 GMT

Hi there,

I am not currently registered for GST. If I register for GST now will I need to pay GST on all previous income earnt this financial year or just the period between registration and EOFY?

Hope that makes sense, let me know if it doesn't!

Ben

MyGovID -- No pin sent

PeterAccess — Fri, 07 Feb 2020 02:46:27 GMT

I am Having trouble getting the "Authorisation PIN" for APP

have installed app on Galaxy S6 - Android 7

have installed app on Galaxy S7 - Android 8

Launch APP -- Put in Emaill Address

Waiting for Pin -- never arrives

Have tried multiple email address's on my Domain

have also tried GMAIL Email address's

Any Suggestions Welcome

Find out address of an ABN

pngo — Wed, 05 Feb 2020 01:57:41 GMT

Dear Sir/Madam

Eg: I search ABN look up , it shows the individual name (not company)

I wondering where I can search more details as what address of that ABN

many thanks

MyGovID access for Staff of a business I'm the Authorised person for

PaulMeissner — Tue, 04 Feb 2020 01:21:30 GMT

Hi there,

I am a Tax Agent and the Treasurer for a Childcare Centre. I need help getting the staff of the Childcare Centre authorised to use their MyGovID for their business portal.

I know how the Access Manager works for staff of my practice but not me acting on behalf of a separate business (not my practice).

Cheers, Paul

Can't register error message OID000006

Vera — Sat, 01 Feb 2020 07:48:00 GMT

'system error' an error has occurred while processing your request. Close app & try again. error code OID000006.

When do I need to register

BM — Thu, 30 Jan 2020 23:52:07 GMT

Good Morning,

I would like to obtain confirmation of the following question:

Does a new business need to register for GST when their financial forecast is over $75,000?

I would really appreciate if you can provide me a statement from the ATO with confirmation.

Thanks for your assistance.

GST registration

harveyspec — Tue, 28 Jan 2020 08:47:36 GMT

Hi , I have started my online business , i got everything set up however I’m not sure if I should register for get. There is definitely a possibility of reaching 75k for the gst threshold but I’m not certain. How would I go about this. This is my first year in this business. Regards

Register MYGOVID PROBLEM

pngo — Mon, 27 Jan 2020 09:45:51 GMT

Dear Sir/Madam

Last time I did register MygovID (for my BAS Agent) already but I cannot lodgin untill now

After I put ID & Password to lodgin it shows tamplate as below

1. Open my GovID on your phone

2. Accept or enter the code

Eg: 9152

wailting............

3. Come back

it keep circle down load about 1' and then shows TIME OUT . Please guide me what I do now to access MyGovID. many thanks

Cash or accrual accounting method?

harveyspec — Sat, 25 Jan 2020 18:07:15 GMT

Hi I have started a new business but I’m not entirely sure on which method to use. Can you please differentiate between the two and clearly explain what each of them means and pros and cons if each of them. Any help will be massive.
I’m running a clothing business online. Thank you

Authorisation Request

Burkin_5426 — Fri, 24 Jan 2020 01:52:53 GMT

I received and email Authoristion Request however when I put the Authorisation Code in it was rejected

with Error Code REB.BR.0606

Can you advise

Gst registration for courier services

PakHim — Sat, 04 Jan 2020 00:26:16 GMT

I working as a Courier franchise. I bought this franchise at the end of August. I have my ABN but it show not registered for GST on my Invoice. Do I still need to register GST? or is there new policy for courier (Register GST is a must?)

Gst registration for courier services

PakHim — Sat, 04 Jan 2020 00:10:19 GMT

I working as a Courier franchise. I bought this franchise at the end of August and I expect my Total income will less than 75000$ per year. I have my ABN but it show not registered for GST on my Invoice. Do I still need to register GST? or is there new policy for courier (Register GST is a must?).

Sole trader work

Md06 — Sat, 21 Dec 2019 15:03:33 GMT

Just wondering with my ABN getting cancelled is there a way to keep it if my work has dried up for over 12 months? My dilemma is I've just picked up work recently and seen my ABN is no longer active, so do i just do a cash in hand job and pay no tax because my ABN has been cancelled or do I have to apply before being able to do this job and accepting work? I do investigative work being pro bono at first, but now picked up a trace job that I've recently quoted with a price. Its a free country i dont understand why ABNs get cancelled not everyone can get steady work for their own business while working full-time and everyone should be entitled to the one ABN number they apply for. Should only be cancelled if someone is deceased or they choose to cancel it.
Now if I reapply for it will I be rejected if i have a select few jobs? because I don't mind doing the job cash in hand for the month and losing my business phone account and email that I use to gain potential clients with a inactive abn. Fair enough I haven't been able to claim tax on the ABN for a while but wages have been stagnant for some time while people do their own investigation work on their social medias leaving me with limited work to begin with.
What I'm trying to say is do I renew my ABN and do this one job for a month or do I just do the job without the ABN since I'm not allowed to have it if it gets cancelled all the time. Government wonders why they lose out on revenue, because they use old systems that force people onto cash in hand work. And no I do not condone cash in hand work I'm just sick and tired of trying to justify my ABN everytime its up for review, all while the work is limited and for when i do pro bono work to gain experience. Thankyou.

MyGovID

Leon — Thu, 19 Dec 2019 04:46:39 GMT

The new sign-on requirements for the new Mygov.id is proving a nightmare for tax practitioners. We are a firm of tax accountants and need to log into the tax portal many times per day. However due to the portal timing us out we need to constantly re-log in. The new signing on verification requirements whereby we must verify a code on a mobile phone is already proving incredibly cumbersome and extremely time consuming. The previous system was slow but seemed to work ok. The original tax agents portal was quick and efficient. Surely there has to be a better way as it seems that each iteration of the protal is becomming a step backward in office efficiency. The requirement to log in via mobile phone is an enormous step backwards for busy practioners.

FBT

mdp — Wed, 18 Dec 2019 21:13:06 GMT

Hi ,

Hypothetical, if company has cars and we are paying for the instalments but car is just sitting ideal doing nothing is it still Considered for FBT purposes if yes then for what reason ?

Can we choose different method for employees by use of their car or is it has to be one method for all employees with car ?

Is there any exemptions for marketing employees and directors for car which is given by company under FBT ?

Thanks
MDP

RAM authorisation code not working....

tonynguyen — Wed, 18 Dec 2019 04:17:22 GMT

Hi there,

I tried to accept/enter an authorisation code (from the email) but everytime it gave an error code REB.BR.0607

I tried to type in the code, copy/paste the code/re-issued the code and none of them work.

Also tried to leave it overnight and re-do also not working. Now it locked me out for 2hr for too many attempt.

What can i do next?

Thanks in advance for looking into this.

Cancelled abn

Sammm — Tue, 10 Dec 2019 04:26:54 GMT

Hi, my friend didn’t realise that their abn had been cancelled quite some time ago. Can they still do a tax return if their abn is deactivated?

Invoice with NO ABN

RAVINDER — Thu, 10 Oct 2019 05:41:48 GMT

I have purchased a secondhand Ford Transit for my business from a person who is not registered for GST and doesn’t have ABN. Can I claim GST credit and which tax code should I use to enter this purchase in MYOB software?
What documents do I need to keep for this purchase?
What should I tick in the purchase window (tax inclusive/tax excluded) while entering purchase in the software?

ABN whilst residing overseas?

Angela13 — Thu, 11 Jul 2019 10:37:17 GMT

Hi all,

I am an Australian resident residing overseas. I want to apply for an ABN as i am creating childrens activity books and wish to sell them in book stores around the world including Australia. Am i entitled to an ABN? and what do i need to know in terms of Tax and GST? I really have no clue with all of this and am hoping for a point in the right direction.

Thanks a lot and I appreciate any advice and informaion.

Offsetting a loss against a different business, but under the same Soletrader ABN

Sam1989 — Tue, 12 Nov 2019 05:50:10 GMT

Hi there,

I have a client who has two different businesses and he operates both businesses as a soletrader under the same ABN. One business is a non primary production business and the other one is primary production.

In the last financial year the primary production has made a loss while the non primary production business has made a profit.

So, my question is, can I offset the primary production loss against the non primary production profit?

Do you register ABN on personal name or on Business Name in case of Sole Trader?

js24aus — Fri, 09 Aug 2019 02:54:14 GMT

1. Do you register ABN on personal name or on Business Name in case of Sole Trader?

2. Can I run 2 businesses with same ABN as a sole trader?

3. Can I register two different business names with same ABN (as a sole trader)?

3. or Do I need to apply 2 ABNs for two separate businesses (but remaining a sole trader)?

Removing old spouse details from my ATO business registration

donnalez — Tue, 10 Dec 2019 03:19:32 GMT

Hi I have been divorced for 10 years and actually remarried 4 years ago, but my old spouses name is showing up on my business registartion and there doesn't seem to be a way to manually remove it. Can you please advise.

Thank you

Donna

Two Sole Traders using Same Business Name

Tiffany_K — Mon, 25 Nov 2019 02:49:30 GMT

My partner and his friend want to open a business together, I was wondering because they both have ABN’s as Sole Traders can they still each operate as a Sole Trader but run under the same business name?

From Sole Trader to Full Time

vincent32 — Thu, 14 Nov 2019 19:26:33 GMT

Hello

Would love your help. I am a sole trader and I've just taken a full-time job. Does anyone know what do I need to do if I am no longer a sole trader? Do I need to cancel my Business Registration or ABN? Can I leave everything as is.

mygovid app on mobile phone shared by more than one person

gje747 — Wed, 13 Nov 2019 00:39:32 GMT

I have a situation where two people share a mobile number and device

With the mygovid app downloaded on the mobile device is there the ability to set both these people up on the app.

i.e. is there a way to access separate logins via the app

Thank you

Gaye

ATO Relationship Authorisation Manager link not working

Nikki1 — Wed, 06 Nov 2019 23:51:16 GMT

I've sent emails to my team to register for the new RAM but one of them is getting an error code: CR1000 when they try to accept the link, and it says that the account is not recognised. However she can log in to the MyGov account with the email?

Is this a common problem?

Thanks for your help!

ABN rereinstated

kirstan28 — Wed, 30 Oct 2019 19:43:49 GMT

Hi I have just had our ABN reinstated do I have to reregister for GST or should it be the same as when the ABN was cancelled when we were registered for GST thanks

ABN

snowhill1 — Thu, 24 Oct 2019 05:16:56 GMT

I want to get a 2nd ABN but when I try to fill in the online form, it just tells me that I already have a n ABN and doesn't let me go any further in the application?????

Can I get a 2nd ABN?

Setting up an ABN for an International LLC- so we can pay super and PAYG.

e11ablack8 — Mon, 21 Oct 2019 03:58:02 GMT

I have gone in and registered a log in to apply for an ABN- this is what i was told on the phone by the ATO I needed to do so I could pay my Australian Employees their super and tax.

Problem is they dont let me use my USA company LLC etc, it only lets me use an ASIC ACN number- none of which we have in the USA?

about question 7

hg2 — Thu, 17 Oct 2019 22:22:23 GMT

what box do i cross out in question 7 for tax file number declaration since im a new zealander

Do I need to have a business name?

kevincc334 — Mon, 14 Oct 2019 06:24:15 GMT

Hello, my name is Kevin. I am a community pharmacist and I plan on taking on some locum pharmacist works which I will have to invoice individual pharmacies with an ABN for payment. My question is do I also need to register a business name and a company when I register the ABN? Or can I just register for the ABN and put my name on the invoice with the ABN?

MYGOV ID

helen50 — Tue, 08 Oct 2019 02:40:35 GMT

How is the new mygov id going to work for people whol live in remote areas and do not have mobile phone coverage

Cancelled ABN, Current Business Name and Confusion

kami — Sat, 05 Oct 2019 10:36:37 GMT

Hoping someone can help, I just cant find the answers I need. So I have been working in a business for a while now but as I look into it, things are looking funny and I'm not sure it is legit.

The shop has a sign out the front (and stationary etc) that says 'Sample Shop' (just a dummy name for this purpose).

If I look up Sample Shop, it is associated to an ABN that was cancelled in 2016 by a previous owner.

I have some paperwork from my work there from August 2017 and it still displays the cancelled ABN .

One lady says she is the owner, however when I look it up, although she does infact have a Business Name registered in her name, it is not Sample Shop it is 'My Trading' with a different ABN to that which was previoulsy associated with Sample Shop.

So Sample Shop is running and is a registered business name however seems to have no ABN associated with it.

The current owner says "I am the owner of Sample Shop, trading as My trading" - but she is not, she is trading as Sample Shop.

In addition, neither the cancelled ABN assicated with Sample Shop or the ABN associaed with My trading is GST registered.

Does this sound dodgy?

Thanks!

reactvate an ABN

Robert2019 — Wed, 25 Sep 2019 23:26:32 GMT

Could you please advise the process to reactivate an ABN?

Regarding ABN registration for an Part time employee

Karthikeyan_R — Mon, 23 Sep 2019 10:24:33 GMT

I am an International student and also started working in a restaurant as Part time job. I have my TFN but the restaurant owner requires my ABN. My questions are:

1. In ABN Registration, Do I need to identify myself as "Individual/Soletrader" and for Business Address & Postal Address, Do I need to provide my current residential address or I need to give my restaurant's address?

2. Under "Individual/Soletrader main business activity", what I need to provide?

3. Which category I must select for the question: Why is the "Individual applying for an ABN"?

4. Finally, what should i give for "Postion Held" option?

Sole trader two business registration under one ABN

Aron — Mon, 23 Sep 2019 03:35:03 GMT

Hello,

I am a sole trader running a small interior decoration business. I am planning to start a bedding business as well. I am wondering what is the best business structure? Can I run multiple businesses as a sole trader by registering two different business names under the same ABN?

I was looking at setting up a company but feel like the cost and complexities are not worth it for me at this stage where I am not making enough money.

Appreciate your advise. Thanks

Linking ABN with my gov

Nebaras — Thu, 12 Sep 2019 01:40:34 GMT

I am attemping to link my ABN to my personal My Gov account. I get this error MC02.

Any suggestions?

Registering a Default on my Business partner

DeejaySmith — Tue, 10 Sep 2019 16:45:38 GMT

Is it possible to register a default against my business partner this is due to him draining all the accounts and with holding the

$200k from myself and the business. I lawyers involved but its been months and i need to act fast before its to late.

ABN Deactivation

Kerrie — Tue, 10 Sep 2019 09:40:50 GMT

Hello
We applied for an ABN 16 months ago, though we didn’t register for GST. Due to serious health concerns discovered immediately following our application, our plans fell over and we never started the business nor do we have plans to use it in the future.

What am I required to do to close down this ABN? Is there anything I need to do first?

ABN numbers required

MartinLloyd — Thu, 05 Sep 2019 03:00:59 GMT

Hi,

I manage an owners corporation which has 3 registered plans.

OC1 has an ABN

OC2 does not have an ABN

OC3 does not have an ABN

My question is does each Owners Corporation need to have an ABN?

Please note:

OC1 has no annual income/expenditure

OC2 has an anuual budget of approximately $5,000

OC 3 has an annual budget of approximately $10,500

ABN quoted but not registered

BrendaRobb — Thu, 05 Sep 2019 00:41:13 GMT

Good morning - I have a new customer, who has quoted his ABN - when I've checked his ABN lookup, I have found that he is not registered for GST. How does this effect my invoicing?

Do I charge GST to the customer? Do I trade with him?

Regards

NAT 2943 form

Ami — Mon, 26 Aug 2019 08:11:55 GMT

I have been contacted by the ATO to submit a NAT 2943 form to change details of my community organisation. I promised to have it done within the next day, but the only way I can get a copy of the form is through the online request and the form can only be sent to me by post. I noted that another person had a similar problem obtaining the form and the form took 3 weeks to arrive.

I am not the registered person for this community organisation as I had only taken over the position earlier this year. So I cannot do the changes on line, and the registered person has now retired and is currently travelling around the world.

Do I just wait for the form to arrive by post?

Thanking you

Ami

Error A918.26

Vandana — Sun, 25 Aug 2019 07:19:39 GMT

Hello All,

I am newly registered tax agent got my registration on 24the July 2019, previously I used to hold BAS agent registration for past 4 years.

After receiving my registration I was informed that my tax agent portal login should be working within 21 days of receiving the registration. Though I received acknowledgment from ATO about my registarion on 8th August 2019 I was unable to log into ATO portal. Calling the registration team ( 137286 fast code 3, 3) my queries were ignored saying I can raise the request only after 21 days hence after 15th August. Since 15th August I am calling ATO everyday with request to check why my ATO portal ( both TAX and BAS) is not working ( getting error A918.26 when I put my password in login screen) but I have received no help. This is causing my work to be very behind unable to lodge client BAS, super obligations. Please Please Please help

Below are the case ID's that I have received so far.

1. **TFN removed**7766

2.**TFN removed**4635

3.00411898

4. **TFN removed**4840

5. **TFN removed**3355

6.**TFN removed**2066

Thanks

Company Trading In Australia without any business details

bhassanein — Thu, 15 Aug 2019 01:39:41 GMT

Hi,

I have recently been dealing with a company who not probably provided a service to which they have fully promised.

I have now only found out that they have no business details, however I had transferred the individual a 50% deposit via their commonwealth bank details.

I would like escalate things further and make the ATO aware that this individual is participating in business here in Australia without any business information.

Thanks.

AUSkey hates me

Plonko — Tue, 06 Aug 2019 17:27:12 GMT

I'm trying to get my AUSkey installed. I've got as far as getting my Activation code. When I select the "Install AUSkey" Tab I am given the message "There is just one more step before you can install your AUSkey. You need to download and install the AUSkey browser extension software on your computer. When completed, please go back to your email and attempt to install your AUSkey again." So I did just what I was told, downloaded the AUSkeyInstaller.exe and installed the extension for my Firefox Browser. Then alas, I was in a loop getting the same message with no AUSkey installation. I've rebooted, uninstalled, reinstalled to no avail. Please help me I'm at a total loss.

Does Income from website (via Google AdSense) require ABN and Business Registration?

js24aus — Mon, 05 Aug 2019 13:18:48 GMT

I am running an informational and educational website. I provide free education worldwide through my articles. I work as an author for my own website.

I also monetize my website through Google AdSense (Singapore location). Personally, I don’t actively manage ads on my website and not responsible for them. I never deal with advertisers. All advertisements are served by Google. I also receive a small income from my YouTube channel – I also make educational videos.

I only concentrate on writing content for my website. Generally, I work 20 hours per week for my website.

I also have expenses for the running website as follow:

Website Hosting – Recurring payment every month.
Domain renewal.
2 premium plugin subscription – yearly payment.
I am paying for subscription charges for royalty-free photographs.
I am also paying for creating images or infographic designs on canva – yearly subscription.

I want to deduct these expenses from the money that I earn from my website. How can I do that?

Do I need ABN?

Do I need to register a business name?

I also want to do a job as an employee. Does ABN registration affect my employee status and unfortunately make me contractor? I don’t want to work as a contractor for any employer.

Can I provide details of income from business and salary differently in a tax return?

I would be new in Australia and my website work will be transferred from India to Australia next month. Please help me to gain accurate information.

GST

stuschony — Fri, 11 Jan 2019 01:55:40 GMT

Do I need to pay GST on the hire of necessary medical equipment? I am in a wheelchair and have had to hire a hoist to get me up a set of stairs in my home.

GST

nr — Tue, 24 Jul 2018 05:45:57 GMT

Does a purchase order need to display the GST amount payable or can we show just the purchase price excluding GST?

GST

brianchambers — Fri, 13 Jul 2018 09:38:05 GMT

Hello,

My question relates to the situation regarding GST payable on imports as from 1/7/18. I believe that GST is payable on the cost of an item purchased and not on the freight/postage cost of getting getting it into Australia? This is in reverse to postage stamps currently available both with GST included for home consumption but without GST for export.

If this is correct, then eBay is charging GST on the cost of goods and on freight/postage costs. The situation is made slightly more complex by the fact that the example under scrutiny was bought from a Malaysian identity using the American site (in US$), so eBay's site in the Philippines which handles Australian enquires has said it's nothing to do with them, but suggested I talk to the Americans.

This situation will bring in more tax (that's tax plus wrongly collected "tax") that the law allows them to collect.

Please can you advise to both the ATO's position and the course it will take in answer to this situation. Over but a short time this amount of incorrectly collected revenue will reach a fortune.........., which can be argued is good for the ATO and the Government but bad for the people who interests they serve.

Regards,

Brian.

Lodging GST

rting — Tue, 16 Oct 2018 22:04:34 GMT

Dear Sir/Madam,

We are lodging our BAS for July 2018 and August 2018. The following error message keep appearing and we have no way to fix it.

PAYG income tax instalment All fields marked with * are mandatory. The following errors need to be fixed before you can proceed: • Error 1 of 1You have provided values for a role that does not exist. Check the details below and edit where required. Period: Jul 2018

Thanks.

gst claim

Ray — Thu, 11 Oct 2018 21:38:06 GMT

Hi,

the government paid our tax invoice ( as drought fees waiver). There is gst amount in the tax invoice. Can we claim gst paid at this case?

thanks

Novated lease and GST

Mirjam — Fri, 11 Jan 2019 01:31:51 GMT

Hi,

I am trying to figure out why my deductions for a novated lease have a GST component. The cost of the vehicle included GST and I am sure that the fuel and servicing also have GST included, this to me seems as if I am paying GST twice.

Hoping someone can explain this to me

GST residential withholding

annas — Tue, 24 Jul 2018 11:07:46 GMT

My client has built a new duplex (2 units) and is now looking to sell as the building has been completed. The duplex is owned by an individual and the individual isn't registered for GST.

Two questions:

- Are they required to notify the purchaser that they have a GST withholding requirement under the new legislation? Or is this not required as they are not registered for GST.

- Should they be registered for GST as the intention was to make a profit on sale of the duplex units? The value of the sale will be above the GST threshold.

eBay GST voucher

PeterL — Thu, 13 Sep 2018 05:14:45 GMT

I bought a low-value item last week from an international seller. The purchase price was $62.48. I had a discount voucher from eBay, so was given a 5% discount ($3.13) taking the purchase price down to $59.36. The voucher was provided by eBay.

But the GST was calculated on the original purchase price, so I was charged $6.25 GST. This should have been $5.94.

This become impossible to account for. Is the voucher income from eBay to me? That's the only way I can get the GST to add up. Then I have to pay tax on the voucher?

Page https://www.ato.gov.au/General/New-legislation/In-detail/Indirect-taxes/GST/GST-on-low-value-imported-goods/

says that the reforms "treat the operator of an electronic distribution platform (EDP) as the supplier" which makes eBay the supplier, so the amount I pay to eBay must be the amount that GST should be calculated on.

Any help clarifying is appreciated.

Partition; GST; Partnerships

LucyB — Fri, 11 Jan 2019 04:43:24 GMT

I have a few questions about GST liability in a situation where a partnership is partitioning land. Presume four partners have a 25% interest each in a piece of land.

There seem to be two conflicting theories, reading GSTR 2003/13 and GSTR 2009/2 together.

The co-owner theory suggests that GST will be based on the market value of the interest received, apart from the interest the co-owner/partner already possesses. This would be 75% of the other three partners' interest in their quarter of the land (see pgph 49 and 93, 97-98 in 2009/2)

A second theory would result in GST being on 100% of the interest acquired, regardless of the partner's 25% legal interest, because the partnership is deemed to be the supplier and a partner does not have a right to any particular property of the partnership. This means a partner's 25% legal interest is illusory for GST purposes (see pgph 145-149 and 153-154)

1. What is the value of the consideration? 75% of the transfer, or 100%? Consideration is determined based on what is received, not what is given. But the partnership receives nothing. Unless the consideration is the resulting reduction in the value of the partner's interest in the partnership.

2. In the context of new residential property, does the partner give notice (where the recipient is liable for GST)?

GST on Exports

OS_builder — Tue, 23 Oct 2018 03:23:22 GMT

Hello,

I am a Builder with a company incoporated overseas who imports supplies from Australia.

Usually my suppliers within Australia will supply GTS free on thier products for export.

Many Australian businesses have no knoledge of this process which causes great frustraition and addidional cost to my projects as they charge GST on the invoice and then I get charged tax and duties on that GST when it arives at its discharge port.

How can I easily make them aware of the process to save my self some costs?

Also, From time to time I will come to Australia and purchase itemas and pack an export container myself. When purchaseing items I have to pay the gst on the items. Is thier any way or facility to claim the GST portion of the invoice back from the ATO once the goods have been exported?

Cheers

OS Builder

GST charged by guest Lecturers

Lauren1 — Tue, 24 Jul 2018 23:29:12 GMT

We are registered for GST as we run a Building Company. I appeared as a guest lecturer at a registered training organisation to conduct a 5 day course and monitor an exam. Am I required to charge GST on my invoice issued to the registered training organisation for this work?

Can a State Govt Dept waive GST?

Selene — Fri, 11 Jan 2019 00:09:41 GMT

was concerned that I received an invoice from a State Govt Primary School without a GST charge for advertising/sponsorship? are they able to waiver GST if invoicing on behalf of the School Council?

Claiming GST credit on Cash Shortfalls which are expensed

AngPav — Wed, 07 Nov 2018 02:20:19 GMT

Can you claim a GST credit on cash receipt shortfalls which are expensed using accrual method accounting? There is not a tax invoice to support this expense.

Are awards and bonuses counted as income and subject to GST when you are a rideshare driver

Tesori — Mon, 08 Oct 2018 05:25:34 GMT

Hi,

Can anyone tell me if I need to count the bonus and awards that you get from DIDI and OLA ride share as income and do I have to pay GST on it. The customer is only paying a discounted fare and the rideshare facilitator pays the bonus to me.

BAS

BigKev — Fri, 11 Jan 2019 06:23:55 GMT

Consulting work in PNG (thats NOT Australia) whilst income is GST Excempt is it not ???

Withholding Tax on New Residential Properties or Potential Residential Land

Jen_MPC — Fri, 07 Sep 2018 12:06:44 GMT

Withholding tax on potential residential land. My clients, a young couple are onselling a piece of vacant residential land purchased off the plan. They are not registered for GST. Pre 1st July this sale would have not normally attracted GST,. If the purchaser withheld 1/11th of the purchase price, my clients have no way of claiming it back as they do not submit BAS statements. I cannot find anywhere on the ATO website that this would be an exce exemption to the rule. ATO said that their vacant residential land they are selling is not a taxable supply and therefore the withholding provisions do not apply but I cant get anything in writing nor find any evidence to support his advice. Im not having much luck with their accountant either. Can anyone please clarify this for me?

Thank you.

Primary Residence Subdivision and Sale Tax Implications

yeahnah — Thu, 18 Oct 2018 06:18:58 GMT

Hi,

My partner purchased a house on a 1000m2 block in June 2013. At the time he intended it to become the 'family home.' This is his only property, and has been his primary place of residence since purchase. Due to a change of circumstances, we wish to sell this property and move out into the country. The sale of this house will assist in purchasing our next permanent residence. The housing market has been fairly stagnant since he purchased the property, and we have been examining our options to best realise the value of the asset. Due to the size of the block, we have the option to demolish the existing dwelling, and subdivide into 3 blocks, which we would then sell as vacant land. Could you please advise as to the taxation implications of this sale? (CGT, GST etc.) More generally, is the income from the sale of an asset such as a house then also taxed as income tax on top of CGT/GST etc.?

Thanks for your help!

subdivision 14-E schedule 1 Tax Administration Act 1953

Jim1 — Tue, 20 Nov 2018 05:58:45 GMT

Question 1: is the penalty in section 16-30 of Schedule 1 to the Tax Administration Act in addition to, or in place of, the payment required under section 14-250 (1) (in sub-division 14E) of that schedule?

Under section 14-250 (1) "You must pay to the Commissioner an amount if…"

There is no explanation in section 14-250 of what happens if you don't.

Section 16-30 (1) provides that an entity failing to pay an amount under Division 14 "is liable to pay to the Commissioner a penalty equal to that amount".

Section 16-30(2) provide some exemptions where the supply was of new residential premises but, interestingly, not if the supply was potential residential land.

On the face of it, there is no relief whatever for failing to make the payment under section 14-250. Seemingly the only relief is limited relief against payment of a penalty equal to, and in addition to, the required payment.

Question 2 – If in the contract the vendor and purchaser agree that the margin scheme will apply, but under section 75-5 (3) of the GST Act the supply is ineligible for the margin scheme does 14-250 (6) (a) actually apply?

There are plenty of situations where a supply is ineligible for the margin scheme– for example where the vendor paid GST on the purchase of the property without applying the margin scheme – and the possibility of a vendor not realising it's ineligibility is not remote. In our practice we see any number of situations where conveyancers and solicitors do not understand the detail of GST.

The section does not say "if the supplier and the recipient agree the margin scheme applies "or something similar. It simply says "if the margin scheme applies". But the margin scheme can't apply if the supply is ineligible, despite what the contract says.

Supplier invoice amendment

axavier — Tue, 21 Aug 2018 05:32:29 GMT

Based on ATO review one of our suppliers was asked to change their previous NON-GST invoices to GST invoices. The invoices in question were 2 years old. These invoices were paid back in 2016. Now the supplier has issued us a credit note for the paid non-gst invoices and a new tax invoice including the GST. Effectively we won't have any cash flow impact as the additional amount we have to pay to the supplier can be claimed from the ATO. Just want to confirm the following:

- Do we require an ATO ruling for this?

- Can we record this transaction in the current period and claim the GST?

- Any special disclosures required in BAS?

- Do we require any proof/documentation from the supplier?

Thanks

Tax Invoices

Murrayf — Mon, 15 Oct 2018 02:40:01 GMT

If we issue tax invoices to customers 'on the road' and then raise an invoice through our accounting system for the same sale does this have any GST implications? Do we need to be issuing an Adjustment Note to cancel the original?

ride share bonus or top up

Tesori — Thu, 04 Oct 2018 05:03:26 GMT

Hi, I know there is no GST on bonus or top-up payments received from an overseas facilitator because the service provided is not consumed in Australia. When I receive the bonus etc is this counted as income that I must declare on my tax return? Thanks

Setting up voluntary PAYG

acasey09 — Tue, 02 Oct 2018 23:29:31 GMT

Hello!

Im earning supplementary income as a sole trader (sporadic contract work). I would like to set up voluntary PAYG payments in myGov to help me plan for my tax. (Note, Im not GST registered).

Last financial year I earned more than $4000 in income as a sole trader. However, after deductions my tax payable was less than $1000. So, from what I've read on the ATO website, the automatic PAYG payments have not been triggered for my tax account.

I dont know how much i'll earn this year, but i'd like to just pay my tax as soon as I recieve the income as opposed to putting it aside for EOFY. How do I do this? The ATO website says go to ATO account in MyGov. But I cant see an option to set up voluntary PAYG.

Thanks

ABN application

raych — Mon, 24 Sep 2018 09:04:07 GMT

Hi my question is not really tax related as such, i am trying to reapply for an ABN for my husband, he already has an existing number which he cancelled in 2007, when i try to reapply i get the message that the number is already active or in the process of being made active again?? also is it possible to use the same one number for three entities, mechanical, labour hire and equipment hire? thanks

Abn income

Sar42 — Sat, 22 Sep 2018 12:09:54 GMT

Does the ato keep track of what income is earnt on a abn and if yes how?

ABN quoted but GST not registered

adminaceopen — Mon, 24 Sep 2018 01:18:04 GMT

One on my suppliers has supplied me with an invoice where he has quoted and ABN but is not registered for GST. Do I pay the total amount owed that includes GST or do I take the 10% off the amount?

thanks

No ABN or WPN from Employer

billysmith — Wed, 15 Aug 2018 05:46:16 GMT

Hi ATO,

How can I submit my tax return if one of my Employers does not have an ABN or WPN?

MyTax is giving me errors if I leave that section blank. Didn't have this issue last year.

Many thanks,

Bill

Supplier invoice has a cancelled ABN

ConnectingUp — Mon, 29 Oct 2018 22:56:13 GMT

Hi, I have received a Tax Invoice from a supplier quoting a Cancelled ABN number (as per ABN lookup they have been cancelled since June 2016). There is GST on the invoice.

Do I withhold 47% tax from their invoice? Or do I not pay the invoice until they update their ABN details (after I have informed them that the ABN is cancelled)?

Many thanks.

Please help!! ABN & PAYG

RHUK13 — Thu, 09 Aug 2018 01:15:22 GMT

Hi all...

I have been charged PAYG for an innactive ABN I obtained in June 2015, that never ever traded , even though I have been employed full time and paid tax through my employer since then. I wrote notes on the first couple of PAYG notices and explained the ABN was inactive. They stopped coming so I presumed the matter was sorted. I did a search on the ABN and it had been cancelled - today it has been reactivated?? Now they are demanding all the backdated PAYG even though my returns have all my employer details pre filled. How is this possible?

Any answers would be much appreciated!

tax return and abn number

omar — Thu, 12 Jul 2018 23:50:45 GMT

hi if i drive with uber eats do i need an abn number also if i only make 200 dollars on top of my normal income with my tax file number above 50000 do i still apply for an abn tax return?

Tax return and ABN of a non-resident

Summit1 — Fri, 07 Sep 2018 07:38:06 GMT

Hello everyone. I have this issue I cannot figure out and couldn't find any person who could help me.. I also tried to search many forums and google but didn't find an answer. Also my accountant couldn't answer me clearly. I will be grateful for any advice

I'm a non-resident and non-citizen living outside of Australia (I used to live there but not anymore). I still do some work for some Australian companies so I still use my ABN for the invocies. I would use my international/national business number for invoices but the problem is some Australian businesses don't accept international business numbers which is why I have to use an ABN. I'm not really sure how it works whether I'm entitled to still use my ABN or not. I don't have a problem filing the tax return and paying the taxes - just not sure I'm suppose to be doing this since I don't live and work in the country and not going to result in some problem? What happens with the invoices that I issued to the company?

My business consists only of myself and with a turnaround of 35 000 – 45 000 per year.

Thank you.

Cancelling ABN for a past date - does this affect payments received?

MellyLala — Mon, 29 Oct 2018 17:29:16 GMT

Hi,

I left Australia in 2017 and didn't cancel my ABN. I now realise I should as I am not carrying on an enterprise in Australia anymore. I did receive some payments for freelance work from an old client after I left Australia and I have paid Canadian tax on that income since that is where I now live.

I see when cancelling my ABN I can back-date my cancellation. Should I backdate the cancellation to when I left Australia? What about the payments from my client where I quoted my ABN. Can I provide a statement retrospectively outlining that I am not entitled to an ABN?

Thanks!

Working as an Independant Control without BAS Agent registration

Debbiesap — Fri, 11 Jan 2019 01:39:08 GMT

I am a qualified bookkeeper but do not have my BAS Agent registration / certificate.

Please advise if I will be able to do transactional work (A/R, A/P invoices, Month End etc) without this certication.

A company wishes to engage me under an ABN to do their transactional work, and I have heard that legally this is not allowed?

Appreciate your insight?

Thank you

Babysitting next to Part-Time work

vjulia — Fri, 27 Jul 2018 06:28:25 GMT

Hi there,

I did some babysitting (less than $400) last financial year. I also work part-time.
How do I include this in my tax return. I don't have the ABN of the parents who paid me. Don't even know if they have one?

Thank you

Charging GST when earnings are under 75k

davaig — Tue, 23 Oct 2018 00:45:03 GMT

I am registered for GST due to being a registered UBER driver (although very casually) therefore I have to be registered for GST despite my income being under the threshold. I also contract my services (event staff/labouring, not transport related) to major events using the same ABN. My question is do I have to charge GST on the non UBER related invoices then claim it back at a later point?

Am I better off having two ABN's. One with GST registration for UBER and one without for other income? Is that even allowed?

Spouse Detail

dhruvap — Sat, 15 Sep 2018 11:38:04 GMT

Hello there, is there any specific place to mention spouse ABN income while lodging tax return??

Claiming

kenrob2037 — Wed, 18 Jul 2018 21:59:08 GMT

Hello,

I work part-time and I'm a musician, I have an ABN, and I sell my music online. Last year I had no sales at all, can I still claim expenses for being a musician, even though I made no money from it?

Regards

Rob

Taxable income

Zacwebb1990 — Sat, 04 Aug 2018 00:27:07 GMT

Hey there,

I currently have a job that roughly earns $100000 a year, however I have started a second job as an ABN holder. I am wondering is the first $18200 i make from my second job tax free because I am now an ABN holder or do I pay tax straight away? And if I do have to pay straight away what is the tax rate I have to pay ? Because I know if it was a second job as a non ABN holder it would be nearly 50cents to the dollar.

Thanks for your time.

General tax

Sar42 — Mon, 24 Sep 2018 05:24:56 GMT

My car loan was done using my ABN and is 100% used as a work vehicle can I claim any deductions for the loan

PAYG instalments

Fractalmyth — Sun, 22 Jul 2018 01:56:42 GMT

I am having difficulty understanding how PAYG works with my tax return and want to make sure I am getting this right! I have changed all the numbers below to remove financial data but it helps me understand if I can see the calculations.

I am a sole trader. I do not have any employees.

My gross income from my business - the amount invoiced under my ABN - is $30,000.

I have $14,000 in expenses, giving me a net business income of $16,000.

I have $9,000 in income from casual employment making my taxable income $25,000

$18,200 of that is tax free, leaving $6,800 that is taxable at 19%.

19% of $6,800 is $1,292.

I have offsets of $445 available, which would reduce the amount of tax payable to $837.

I have paid $1200 per quarter in PAYG instalments making a total of $4800.

My employer has withheld tax of $2,000.

My understanding was that PAYG functioned in the same way as tax withheld by an employer, and that any amounts not needed to meet your tax burden were refunded. Is this wrong?

I am using ETax to lodge my return this year (for the first time - I have always done it myself before). They suggest the refund estimate on my return is $2,000, which is the amount of tax withheld by my employer.

I can also see that the accountant has deducted my PAYG instalment amount from my net business income, giving me a net income from my business of $11,200, but I don't understand why?

It seems as though they are counting the PAYG instalments as a business expense that I have paid to the ATO, which suggests I don't get any of it back. Is that how it works?

My understanding is that I have paid $6,800 in tax already, that my tax obligation is only $837, so I should expect to get $5,963 back... No?

I am sorry if this is a dumb question, I am just really confused! Thank you for helping explain this to me clearly!!!

Subcontractor Expense Claims submitted directly ... are they subject to Withholding Tax?

jcarson — Fri, 11 Jan 2019 01:50:53 GMT

I have a number of subcontractors that are trying to obtain reimbursement by just giving me their expenses and not 'invoicing' me through their employing agency or ABN entity and requesting that I pay directly to their personal bank accounts.

The question is, in this case are these claims subject to withholding tax in this instance? It is my understanding that they would be as no ABN is being quoted. However, there is the argument that why could they not claim expenses incurred doing the job that the company has subcontracted them for.

Any assistance or direction pointing would be really appreciated.

Linking Mygov to ATO

Akeel — Tue, 18 Sep 2018 09:41:50 GMT

Good Day everyone,

I am struggling to link mygov with ATO. I want to file my Tax returns for the first time.

I am currently out of Australia for some work and will not return before November, so I need to get my ATO linked to Mygov soon.

When I choose, use questions specific to me, I enter the following details

PayG Summary Gross Income in 5 digits without spaces or decimals or comma.

Superannuation account details as below:

The Super Fund ABN without spaces, comma or any other character. Only numbers.

Member account number ??? On my Super Fund statement, I have a member Number and an Account number.

Which one should I enter? Or is it member number and account number both to be entered?

I have tried but it fails to identify any records in the ATO.

I can't call ATO as I'm out of Australia. I can't chat as well, since chat is only available for Mytax users, who have linked Mygov.

Kindly assist.

Akeel

Overseas Charity Donations

TAP — Sat, 14 Jul 2018 08:03:35 GMT

Hi ATO community

I am so glad to find you! My question is this. I run a charity here that is registered with an ABN and also has ACNC approval. Through an overseas company, that is registered in the USA for tax deductibility, we are running a campaign to sponsor "Shoes That Grow" (they really grow 5 sizes, come in 3 different shoe ranges, and last 5 years) for over 100 pairs of shoes that I will pick up in Uganda when I am there to fit onto their little (and not so little feet) of the fee-free school that we have just opened in rural and remote Uganda.

My question is, and I have rung the ATO when I have not been infront of a computer, and apparently there is a place on their site that I can check to see if the charity in the USA is also a registered charity with DGR. I have tried many times over the last few days to remember what I was told however i cannot seem to do a word appropriate search to find it on their site. (I asked if they could email me out the link but sadly they do not have that capacity, which I find a little strange but have to accept.

So dear community, would you be so kind to point me to the approprate search.

Kiindest regards and thanks for this service.

TAP

TAX return

SV — Mon, 13 Aug 2018 11:49:54 GMT

Hi there,

I need help with filing my tax return on-line.

I have had a combination of two employers : one as a casual, one as a permanent full time. Prior to that I was receiving Newstart Allowance.

In between all of that I had recieved a few odd payments through my ABN for performance related work. *This included accepting the full payment on behalf of a band and then having to pay other members in the group.

I have also received money through my ABN on behalf of a project that was awarded an arts grant. None of this money was for wages and has been successfully acquitted.

I am not sure of how and where to record this infomation, in particular on the H&R on-line forms that I have chosen to use. Is it best that I make an appointment to see someone instead of attempting on-line?

Regards,

remote work tax

MAS — Fri, 24 Aug 2018 00:58:25 GMT

hi,

I am working for a company outside of australia remotely, I have PR and I want to know how can i pay my TAX?

and how can i register for ABN?

Remote Work Based in Australia For a US Company

Pedro-Nobre — Fri, 19 Oct 2018 22:13:29 GMT

I'm a Software Developer, temporary resident and Australian resident for tax purposes. I have recently received an offer to work for a US based software company as a contractor. Our agreement is clear in that I am not an employee in the company. I will receive my payment through Veem, an online international payment system that would automatically go to my Australian bank account.

My questions are the following:

1. How much are the taxes and do I need to register for PAYG?

2. Do I need to open an ABN? Do I need to let ATO know that I'm starting this income stream in any way?

3. Do I need to pay superannuation?

4. Since Australia has a tax treaty with the US, does the company need to pay taxes in the US, or am I exempt from double taxation?

5. Does the company I work for overseas need to do anything here in Australia?

Thanks in advance for your help.

Best regards,

Pedro

Email notification from ATO regarding employee tax rate change

marco9974 — Fri, 11 Jan 2019 01:17:12 GMT

Hi ATO,

The email notififying of a tax rate change for an employee, ie working holiday maker, where the employee has selected the incorrect tax rate are great. However, your email doesn't quote the employer name or employer ABN, which would be useful as we complete a large number of payrolls within our firm and locating the employee can be quite time consuming.

Thanks

Marco.

Tax while working from home for an overseas company

bhprashant — Thu, 25 Oct 2018 01:53:49 GMT

Hello,

I am working with US based company, who does not have an office in Australia. I have 12 month contract with them and work from home. The way they pay me is I raise the invoice for the month in my name (no company/business) and amount gets transferred my aus bank account.

I have below questions:

- Do I need to have ABN or TFN to file a tax

- Do I need to file tax at the end of year or monthly/quarterly

- Do I also need to have GST

- If I purchase vehicle ans use for commuting, can I claim vehicle deprectiation cost.

- What all expense I can take for tax break.

Thanks.

Contracting for overseas company

justin1 — Wed, 12 Sep 2018 11:55:15 GMT

Hi, I am an Australian resident, and I am doing work for an overseas company (all online) where I invoice them every quarter based on the amount of work I've done.

Do I need to setup an ABN?

If I don't, I understand they would be required to withhold 49% and give it to the ATO, however in reality this wouldn't happen because they do not know anything about Australian tax, they simply email me the work, I email them the invoices, and they pay into my (Australia) bank account. I would then declare it as foreign income on my tax return.

GST is irrelevant as it is all GST-exempt anyway.

Thanks in advance for you advice.

Regarding my previous 4-5 years tax losses

humbleTrader — Mon, 30 Jul 2018 23:27:55 GMT

Hi,

I have been trading CFDs/Binary Options( with both Australian brokers and ofshore brokers) ON and OFF since several years( part-time trader, got a day job) but never made money on an annual basis, so never bothered to claim any losses. I recently started making some money from July-2018 and thus started thinking about my tax liabilities in a case if I am profitable for the year (2018-2019). So my question is:

1) I have accrued losses since July 2014- June 2018 (each year), so can I claim total losses as offset in my next year 2018-2019 returns. Or do i need to claim losses against my assesable income in this year returns ie..2017-2018.

2) Do I even have to put these losses( or future profits ) in my returns as sometimes I trade heavily, while at times I am trading once in a month. Intention obviously is to make secondary money from trading but is not happening. ( I don't have any ABN nor am I claiming any deductions for carrying out my trading activity so far )

Please advise as I am really confused.

Thanks

GST

ronbarb77 — Tue, 21 Aug 2018 23:38:32 GMT

GOOD MORNING . I HAVE A CONTRACTOR/ GST QUESTION

I WAS A TAX AGENT FOR MANY YEARS BUT HAVE NOW RETIRED. A FAMILY FRIEND RUNS A CAFE AND HAS REQUESTED AN OPINION ON THE FOLLOWING SCENARIO.

MY FRIEND WANTS TO ENGAGE A CHEF FOR NIGHTIME MEALS ON THE FOLLOWING BASIS.

THE CHEF WOULD EMPLOY HIS OWN STAFF IN THE EVENINGS TO PREPARE MEALS AND WAIT ON TABLES.

THE CHEF IS A SOLE TRADER, HAS AN ABN NUMBER AND IS REGISTERED FOR GST. I AM TOLD THAT AS THE CHEF IS TO EMPLOY HIS OWN STAFF AT THE CAFE , HE COULD BE A LEGITIMATE CONTRACTOR PROVIDED IT IS DONE THROUGH HIS COMPANY OR PARNERSHIP BUT NOT AS A SOLE TRADER.

THE NEXT PART OF THE QUESTION CONCERNS GST. DUE TO LIQUOR LICENCING RULES, ONLY ONE BUSINESS CAN OPERATE AT THE SITE AND ALL SALES NEED TO GO THROUGH MY FRIENDS BANK ACCOUNT.

THIS MEANS THAT GST FOR SALES IS THE RESPONSIBILITY OF MY FRIEND .

THE EVENING SALES BELONG TO THE CHEF AND HE WOULD BE REIMBURSED EVERY DAY FROM THE BANK ACCOUNT LESS GST COLLECTED.

THE NET PAYMENT DAILY TO THE CHEF WOULD ACTUALLY BE AN EXPENSE (CONTRACTOR ) IN THE BOOKS OF MY FRIEND.

UNDER WHAT CIRCUMSTANCES (IF ANY) CAN MY FRIEND CLAIM THE GST BACK FROM THE TAXABLE SUPPLY PAID TO THE CONTRACTOR. I ASSUME THE CONTRACTOR WOULD NEED TO ISSUE A TAX INVOICE FOR THESE AMOUNTS (OR COULD A RECIPIENT GENERATED INVOICE BE PREPARED.

IT IS MESSY TO SAY THE LEAST. YOUR ADVICE ON THIS OR FURTHER UESTIONS TO ME WOULD BE GREATLY APPRECIATED.

THANK YOU