All Business Registration posts

Re: Hobby ABN for a musician

TaxedoMask — Tue, 25 Feb 2020 05:55:55 GMT

Business vs hobby is based on a range of factors. I'd lean towards hobby in this instance (no ABN required).

You supply one of these to ensure the no ABN withholding is not applied when you get paid.

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

Re: myGovID

KylieS — Sun, 23 Feb 2020 21:21:24 GMT

Hi ,

This has worked for other users;

• Ensure your device ‘time and date settings’ are correct for your region or set to automatic
• Ensure your client’s device ‘language’ settings are set to English (Australia).

Once these settings are confirmed clear the cache and data as follows:
• Open phone Settings
• Select Apps
Select myGovID > Storage > Clear Cache and Data

Set up myGovID again using the same email, personal details and Identity documents that you used previously (try using an alternate internet connection that is strong).

KylieS

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?

Re: myGov ID application

Conmichaliadis — Tue, 18 Feb 2020 06:12:12 GMT

I did ring one of your tax officers and explained my issue in the end they said they could not help it was still a beta version and that I would still have to wait for my issue to be resolved thanks for all your help

Re: myGov ID application

NicolaC — Tue, 18 Feb 2020 03:11:09 GMT

if you're still experiencing this issue, we recommend contacting us like said. You can email support@mygovid.gov.au with the following information from your device settings and we'll do our best to help you out:

Client's name:
Preferred contact number:
myGovID email:
App version:
Device:
Model:
Android version:
Date/time zone settings on device:
Language settings on device:
Date/time myGovID app was last uninstalled/reinstalled:

Re: MyGov Email received by a client

JasonT — Tue, 18 Feb 2020 01:32:09 GMT

Hi ,

I believe the email your client received was most likely in relation to registering for myGovID versus MyGov.

Registering for ATO online services is not compulsory but can definitely be beneficial for the business even when they have a Tax Agent managing their obligations.

It can also depend on if you are managing all of the client's tax obligations i.e. Income Tax, Activity Statement, PAYGW, STP, Super.

Frequently I find that Tax Agents may be doing the Income Tax and Activity Statement related work but not Super.

With access to ATO online services a business can manage it's Super obligations online.

It also gives them the ability to review accounts, lodgements, STP data etc. to check for errors and then request you make an amendment or revision.

They can view statement of account and find their payment reference number (PRN) to make payments to the ATO.

The client can update their business registration details.

Online services

Having a myGov account or better yet a myGovID linked to Relationship Authorisation Manager (RAM) will give the business visibility on their ATO account which helps them better understand their obligations. This increased understanding helps the communication between client and Tax Agent reducing time for you providing detailed explanations.

Thanks and please continue to post your questions in ATO Community,

JasonT

Re: mygovid app on mobile phone shared by more than one person

KylieS — Sun, 16 Feb 2020 22:31:31 GMT

Hi ,

Thanks to for that great information.

We have some more information on another post that may help you when multiple people are sharing a device.

KylieS

Re: myGov ID application

Conmichaliadis — Sat, 15 Feb 2020 21:33:21 GMT

So here's the thing when I hit the app. It flickers. And nothing else happens i have cleared the cache and data and reinstall it then it works a couple more times and then it disabled itself again i don't have this issue on my older android phone what do you mean enabling the camera and by the way when you clear the cache a and the data you have to go through the re installation process again thank you

Re: myGov ID application

MCA_Accountants — Sat, 15 Feb 2020 10:06:03 GMT

+1 what NateH said - hard to give an answer when you don't give us any information around the problem you are having.

I had issues for a while, I couldn't even open the app, and when I could it would give me errors. Try two things:

1) Manually enable the MyGovID app to use your phone's camera. I worked out the app wouldn't open because it didn't have that permission (and it only asked for that permission after opening the app)

2) Clear the cache and data store of the MyGovID app

Otherwise, call the ATO and give them details of what your issue is instead of wanting a forum to read your mind

Re: myGov ID application

NateH — Fri, 14 Feb 2020 04:54:33 GMT

Hi ,

Thanks for getting in touch, can you please provide us with some details about what is happening when you try to log on?

Let us know any error codes or messages that are coming up, that way we can try and work out exactly what is happening.

Thanks, NateH

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

Re: MyGovID -- No pin sent

KylieS — Mon, 10 Feb 2020 20:53:26 GMT

Hi ,

Glad this was sorted out for you.

KylieS

Re: MyGovID -- No pin sent

PeterAccess — Mon, 10 Feb 2020 04:59:08 GMT

Thanks Jason

Seems to be an email issue between ATO and my Main Domain address

we have managed to get the pin by using a hotmail email address

Peter

PS did call the gov help hotlinethey will call me back within a Week.

Im assuming they must be busy

Re: MyGovID -- No pin sent

JasonT — Mon, 10 Feb 2020 14:10:10 GMT

Hi ,

Sorry to hear of the issue you're experiencing with the app.

If you have the myGovID login page bookmarked it can cause this particular issue:

myGovID Help

Thanks for your post and I hope this helps,

JasonT

Re: Find out address of an ABN

JasonT — Sun, 09 Feb 2020 23:53:19 GMT

Hi ,

Receiving a search result on ABN Lookup that shows an individual's name indicates the ABN is registered as a sole trader (entity type).

The address for an ABN is not publicly available information.

Information publicly available on the Australian Business Register:

ABN
Business name
Date of effect and registration status of the ABN
Legal name
Trading name
Entity type
state or territory and the associated postcode
ACN or ARBN
GST registration status and date of effect
DGR status and date of effect, and
Tax concession status from 1 July 2005.

ABN Lookup see Main Business Location

If the business has a website they may provide an address in their "contact us" section.

Thanks for your question and I hope this helps,

JasonT

Re: Registering for GST part way through financial year

Biggiesmalls — Fri, 07 Feb 2020 05:45:10 GMT

You can backdate your GST registration if you needed to be registered before now (e.g. you're over the threshold)

If you register now and select to report quuarterly you will report and pay GST from now onwards starting on your next BAS (Jan - March).

Theres some information on the website that might help you https://www.ato.gov.au/Business/GST/Registering-for-GST/

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

JasonT — Fri, 07 Feb 2020 04:17:50 GMT

Hi ,

Thanks for your question.

This can be done in three easy steps

Set up your digital identity
Link your business
Authorise others to act online for your business

Please visit the Relationship Authorisation Manager website to get it set up.

Hope this helps,

JasonT

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

Re: When do I need to register

Biggiesmalls — Tue, 04 Feb 2020 22:26:33 GMT

There is lots of information on the ATO website that you can use as your statement from the ATO. If you expect your turnover to exceed the 75k threshold you should register for GST as soon as possible. You can also voluntarily register for GST. https://www.ato.gov.au/Business/GST/Registering-for-GST/

Re: Can't register error message OID000006

MarkA — Tue, 04 Feb 2020 07:58:07 GMT

Welcome to your first post.

Our online information indicates this error will occur when a client resets/uninstalls and reinstalls their app so they will need to set up myGovID again. The recommended solution says: Advise the client to reset the app by selecting the I forgot my password link on the opening page of the app (they may need to cancel the Touch/Face ID login to see the link).

Hopefully this will now get you underway (:

Thanks

MarkA

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

Re: GST registration

macfanboy — Mon, 03 Feb 2020 23:34:43 GMT

If you collect $500 in GST you pay that to the ATO, you are basically a collector of GST for the government, you don't get any of that back.

You then, however, claim back GST on any work-related expenses that you incurred.

Re: GST registration

harveyspec — Mon, 03 Feb 2020 12:29:46 GMT

Great , is there like a gst threshold for each quarter? Let’s say I report 500 gst collected for an quarter, would I get that all back?

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.

Re: GST registration

DuncanS — Fri, 31 Jan 2020 09:39:50 GMT

Harvey,

Once an entity is registered for GST, they charge their customers GST ie an $80 Invoice becomes a $88 Tax Invoice.

In each case, the revenue on your P&L is the same.

If your income is less than the threshold, the GST has been remitted to the ATO.

The advantage of being GST registered is the ability to claim Input Tax Credits on Purchases.

Once registered for GST, an entity lodges a quarterly BAS remitting GST Collected and claiming GST Paid.

Duncan

Re: GST registration

harveyspec — Fri, 31 Jan 2020 08:12:00 GMT

Duncan THANKS however if my turnover ends up let’s say 60,000 , do I get all the gst back?

Re: Register MYGOVID PROBLEM

JasonT — Fri, 31 Jan 2020 05:15:44 GMT

Hi ,

Sorry to hear the issue you're experiencing logging in to the myGovID app.

If you experience the timeout error again, please close the app completely (not minimise it), reopen the app and try again.

If the error persists contact myGovID.

Hope this helps!

JasonT

Re: Authorisation Request

JasonT — Fri, 31 Jan 2020 02:03:45 GMT

Hi ,

Thanks for your patience while we looked in to that for you.

The error code indicates that this is possibly an incorrect authorisation code or a name mismatch. Please confirm that the details from the authorisation request matches.

code must be exact and is case sensitive.
ensure the name on the Authorisation request email matches the name that appears on the top left hand side when you log in to RAM.

Authorised users and administrators

Accepting an authorisation in RAM video

If your authorisation code has expired contact the principal authority or authorisation administrator to re-issue a code.

Hope this helps!

JasonT

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.

Re: GST registration

NicolaC — Thu, 30 Jan 2020 22:28:34 GMT

and are all over it There's some more info on Registering for GST on our website that you might find helpful.

Re: GST registration

DuncanS — Wed, 29 Jan 2020 08:31:44 GMT

As macfanboy mentions, if either projected or current turnover is greater than $75,000 then GST registration is required.

The difficulty is projected turnover.

I recall you state there is definitely a possibility of projected turnover being more than $75,000.

In that case, I would register for GST.

Duncan

Re: GST registration

macfanboy — Wed, 29 Jan 2020 00:19:01 GMT

GST registration is required if your expected "Gst turn-over" will exceed $75,000

If you're not registered for GST, check each month to see if you've reached the threshold or are likely to exceed it. You need to register within 21 days of your GST turnover exceeding the relevant threshold. You can backdate the registration.

Your GST turnover is your total business income (not your profit), minus any:

GST included in sales to your customers
sales that aren't for payment and aren't taxable
sales not connected with an enterprise you run
input-taxed sales you make
sales not connected with Australia.

GST Turnover Threshold

You reach the GST turnover threshold if either:

your 'current GST turnover' (your turnover for the current month and the previous 11 months) totals $75,000 or more ($150,000 or more for non-profit organizations)
your 'projected GST turnover' (your total turnover for the current month and the next 11 months) is likely to be $75,000 or more ($150,000 or more for non-profit organizations).

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

Re: Authorisation Request

BreeH — Tue, 28 Jan 2020 08:31:38 GMT

We'll look into this and get back to you as soon as we can.

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

Re: Cash or accrual accounting method?

Biggiesmalls — Mon, 27 Jan 2020 03:36:17 GMT

I'd suggest using the cash method if you have a small online business selling clothes. is correct - when your business gets bigger accounting systems and methods are very important but you can always change to accurals in the future. I agree that you should be doing your bookkeeping etc each month as a minimum to ensure you know what's going on - it also helps you manage cash flow and easily prepare your BAS and income tax return when the time comes.

To give you an example - if you are reporting GST quartely on a cash basis and you invoice someone in the last month of the quarter (e.g. June) and you don't get paid until July you don't need to report and pay the GST until you receive the money (so the next July - Sept BAS). If you were on accruals you would need to report and pay the GST in the June BAS regardless of the fact that you haven't actually been paid for the invoice.

The method determines when you need to report and pay the GST, so:

Accurals - when you receive an invoice or you invoice someone

Cash - when you actually receive or pay the money

Re: Cash or accrual accounting method?

DuncanS — Mon, 27 Jan 2020 01:23:11 GMT

Harvey,

This question can cause contention for Business Owners and Tax Accountants.

I believe the main question is does a Business Owner wish to track Receivables and Payables within the Accounting Software. Each type of business is different.

As a business becomes larger, Accounting Systems becomes more important.

One can use the Cash method for GST and Non-Cash for Income Tax/Management Accounting.

Technology is improving so more Business Owners have accounting software and use the software to track their Receivables and Payables.

My preference is to use the Non-Cash method for Management Reporting.

It may be that a Business Owner gets both a Non-Cash and Cash P&L from the accounting system.

I do suggest to Business Owners that monthly Accounting is important tracking margins, trends etc.

Tax Accountants historically have been interested in the annual Tax Return.

Hope this helps.

Duncan

Re: Cash or accrual accounting method?

macfanboy — Sun, 26 Jan 2020 23:27:58 GMT

https://www.business.gov.au/Finance/Accounting/Choosing-between-cash-and-accrual-accounting

Re: Cash or accrual accounting method?

harveyspec — Sun, 26 Jan 2020 16:56:49 GMT

perhaps you can help me with this one? regards

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

Re: MyGovID

NateH — Tue, 14 Jan 2020 05:48:13 GMT

Hi ,

We are working on a solution for people who do not have the necessary identity documents to obtain a myGovID with 'standard' strength. This will be available in March this year.

Thanks, NateH

Re: MyGovID

bgroper — Thu, 09 Jan 2020 06:13:02 GMT

ATO is clearly making this up as they go along.

Any details yet regarding mygovid's for employees of accounting firms who don't have any Aussie passport, driver's licence or Mediscare card/s ?

There's plenty more work needing to be done before this mygovid system is fit for purpose.

Re: Gst registration for courier services

macfanboy — Sat, 04 Jan 2020 00:30:35 GMT

Previously asked and answered

https://community.ato.gov.au/t5/Business-Registration/Gst-registration-for-courier-services/td-p/32640

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?)

Re: Gst registration for courier services

macfanboy — Sat, 04 Jan 2020 00:13:22 GMT

No obligation to register for GST if income will not exceed $75,000.

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?).

Re: FBT

TaxedoMask — Wed, 01 Jan 2020 23:49:10 GMT

FBT on cars is dependent on their use and availbility for use by employees (including directors).

ie. if it's parked at the director's house and available for him/her to use. Then it's still treated as subject to FBT as it is available for their use. If it is parked in at the business premises then no FBT.

If you have multiple cars - you look at it on a car-by-car basis.

Re: Sole trader work

DuncanS — Mon, 23 Dec 2019 04:24:20 GMT

Md,

A ABN is available if someone is in business.

The ATO has various ways of keeping track if someone has a ABN and not in business eg business income/expenses on a individual Tax Return.

It is the ATO's responsibility to cancel ABN's when someone is not in business.

I understand that it is ATO policy to write before cancelling a ABN.

There is a long standing discussion in tax as to when a hobby becomes a business.

I understand that someone with a hobby may be able to provide a Statement by a Supplier.

As macfanboy correctly states, a taxpayer must declare all assessable income.

Duncan

Re: MyGovID

NateH — Mon, 23 Dec 2019 03:31:22 GMT

Hi ,

To make the sign-in process for myGovID fast and simple you can select the ‘remember me’ option when you log in for the first time. As long as you are using the same browser you won’t need to enter your email each time you sign in. By choosing to use the ‘remember me’ option you also won’t need to type the four-digit access code into your phone, you will receive a notification, then all you need to do is click accept and you’ll be logged in.

We’re continuing to consult with the tax profession and small business on ways we can improve the new services and we’ll keep you updated on any changes through the Tax professionals newsletter.

Thanks, NateH

Re: RAM authorisation code not working....

NateH — Sun, 22 Dec 2019 22:52:50 GMT

Hi ,

Error code REB.BR.0607 means that you’ve reached the maximum authorisation code attempts. You will need to wait at least two hours before you will be able to re-attempt.

There are a few things you can try in order to resolve your issue:
-   Ensure you have downloaded and set up your myGovID (available from the App Store or Google Play)
-   Check that you’re entering the code exactly as it appears as it is case sensitive
-   Ensure the name on the Authorisation request email matches the name that appears on the top left hand side when you log into RAM. If the names don’t match, you will need to be authorised using the exact name that you used to set up your myGovID.

Thanks, NateH

Re: Sole trader work

macfanboy — Sat, 21 Dec 2019 23:18:50 GMT

Reapply for your ABN.

Declare all your income, even 'cash-in-hand'

Pay tax, do not 'claim' tax.

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.

Re: MyGovID

Biggiesmalls — Thu, 19 Dec 2019 07:16:27 GMT

Its not a perfect system but it seems like they are trying to improve the experience. I guess we just have to keep giving feedback so they know what's working and what's not 🤷‍♂️

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.

Re: Cancelled abn

macfanboy — Tue, 10 Dec 2019 21:00:48 GMT

@Sammm

Tell them to reactivate it if possible.

It all depends on why it was deactivated.

Call the ATO and find out.

Re: Removing old spouse details from my ATO business registration

macfanboy — Tue, 10 Dec 2019 21:01:31 GMT

@donnalez

Call the ATO and ask.

Was she also listed under the ABN?

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?

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

Re: Two Sole Traders using Same Business Name

macfanboy — Thu, 28 Nov 2019 07:23:11 GMT

Whether it is set up as a company or as a partnership really boils down to individual circumstances and the business’s goals.

Re: Two Sole Traders using Same Business Name

DuncanS — Thu, 28 Nov 2019 01:31:39 GMT

Seek some professional advice.

It is important to have an Agreement.

I have never advised business owners to have a Partnership - It is clear that some Accountants do.

Either structure, I strongly recommend you have a Shareholders Agreement or Partners Agreement.

Duncan

Re: Two Sole Traders using Same Business Name

KylieS — Thu, 28 Nov 2019 00:55:35 GMT

Hi Tiffany_K,

The partnership would need to apply for its own ABN and use it for all its business dealings.

Thanks

KylieS

Re: Two Sole Traders using Same Business Name

DuncanS — Tue, 26 Nov 2019 11:50:54 GMT

Tiffany,

Have a talk to a Tax Accountant.

I prefer a Company Structure over a Partnership.

Duncan

Re: Two Sole Traders using Same Business Name

macfanboy — Mon, 25 Nov 2019 04:09:10 GMT

Sounds like a Partnership.

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?

Re: Can a State Govt Dept waive GST?

christ123 — Mon, 25 Nov 2019 04:45:43 GMT

Thats for sure right and that is why i upvoted your comment because recently the government had earlier waived late fee for delayed filing of the maiden returns for the month of July under the Goods and Services Tax (GST) regime

Re: Offsetting a loss against a different business, nut under the same Soletrader ABN

macfanboy — Tue, 19 Nov 2019 01:27:56 GMT

Wish you luck with that, I doubt it will go in your favour.

But you can only try..

Re: Offsetting a loss against a different business, nut under the same Soletrader ABN

Sam1989 — Mon, 18 Nov 2019 22:38:07 GMT

Thank you very Much Duncan..

Re: mygovid app on mobile phone shared by more than one person

Biggiesmalls — Sun, 17 Nov 2019 11:42:58 GMT

Hmm good question. You can set up multiple people to have access to business services on your behalf. It looks as though they should be able to log in and out of the same app using their own personal details to set up their own log ins etc.

https://info.authorisationmanager.gov.au/

Re: Offsetting a loss against a different business, nut under the same Soletrader ABN

DuncanS — Sun, 17 Nov 2019 08:27:03 GMT

Sam,

I would be writing to the ATO for a Private Ruling noting all the facts and circumstances.

Duncan

Re: From Sole Trader to Full Time

vincent32 — Fri, 15 Nov 2019 05:31:02 GMT

Thanks a billion! I couldn't find any info until you pointed out. Thanks.

Re: From Sole Trader to Full Time

macfanboy — Fri, 15 Nov 2019 05:23:53 GMT

You need to cancel GST registration or they will expect a BAS Statement Quaterly (even with $0 income).

https://www.ato.gov.au/Business/GST/If-your-business-changes-or-ceases/Cancelling-your-GST-registration/

You should back date it to the last day that you operated the Buiness.

Re: From Sole Trader to Full Time

vincent32 — Fri, 15 Nov 2019 04:58:56 GMT

Thanks so much for your response! By business registration I meant the one where I register to pay GST. I registered for GST earlier this year on the Business Portal and have to pay GST quarterly. They send out a BAS statement every 3 months. So not sure what to do about that bit

Re: From Sole Trader to Full Time

macfanboy — Fri, 15 Nov 2019 04:46:29 GMT

You can keep your ABN if you beleive that you will need it in the future, if you cancel it and re-apply you will getthe same ABN.

What do you mean by "Business Registration"?......Business name....?

If so then Yes as you will get charged to renew it.

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

Re: Offsetting a loss against a different business, nut under the same Soletrader ABN

macfanboy — Tue, 12 Nov 2019 05:51:10 GMT

Then they can not be used to offset losses.

https://www.ato.gov.au/Business/Non-commercial-losses/

Re: Offsetting a loss against a different business, nut under the same Soletrader ABN

Sam1989 — Tue, 12 Nov 2019 05:47:51 GMT

Two Business Activities are not similar. But both businesses operates by the same soletrader under the same ABN.

Re: Offsetting a loss against a different business, nut under the same Soletrader ABN

macfanboy — Tue, 12 Nov 2019 05:33:36 GMT

No, because they are not 'related', are they....

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?

Re: ATO Relationship Authorisation Manager link not working

JodieH — Mon, 11 Nov 2019 01:48:33 GMT

Hi ,

Welcome to our Community!

This error occurs when a user attempts to log in using the myGovID app, but hasn't installed it yet, or the email address provided doesn't match the registered email address.

If the myGovID app has been installed have them check the:

myGovID app icon will include the name of the app and an image of a fingerprint
myGov Access app will show an image of a padlock.

Alternatively, have them check the spelling of their email address, as it may not match the spelling of the registered email.

Hope this helps, JodieH.

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!

Re: ABN rereinstated

macfanboy — Wed, 30 Oct 2019 21:26:33 GMT

You should have to re-apply for GST but once your ABN is active you can check by looking up the ABN here

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

Re: ABN

tnewman11 — Thu, 24 Oct 2019 05:25:11 GMT

Hi Snowhill

To get a second ABN you would have to be in a different business structure as they will only issue one per entity carrying on a business.

If you wish to run a second business you do not need two ABNs as you can run multiple business' using the same ABN

Hope this helps

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?

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

JodieH — Wed, 23 Oct 2019 02:30:18 GMT

Hi ,

Thanks for getting in touch!

The ACN field on the ABR only needs to be completed if your entity is registered with ASIC. If the entity does not have an ACN then leave this field blank.

The field ACN field isn't mandatory; however the legal name of the organisation does need to be completed.

Hope this helps, JodieH.

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?

Re: about question 7

macfanboy — Thu, 17 Oct 2019 23:06:38 GMT

Question 7:

On what basis are you paid?

Full-time, Part-time, Labour Hire, Superannuation or annuity income stream, Casual employment

Only you would know the answer to that one.

Question 8:

Are you: (select only one)

An Australian resident for tax purposes, A foreign resident for tax purposes, A working holidaymaker

You would be "An Australian resident for tax purposes".

https://www.ato.gov.au/uploadedFiles/Content/IND/Downloads/TFN_declaration_form_N3092.pdf

Re: about question 7

hg2 — Thu, 17 Oct 2019 22:43:25 GMT

No I'm a kiwi and I've been here for 6 years and we dont need a Visa so what box do I cross out thku

Re: about question 7

macfanboy — Thu, 17 Oct 2019 22:31:56 GMT

Do you mean Question 8?

How long are you here for?

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

Re: MYGOV ID

KylieS — Thu, 24 Oct 2019 04:14:21 GMT

Hi ,

Thanks for your patience.

Currently, only those accessing government online services on behalf of a business need a myGovID. For example, someone logging in to our Business Portal to lodge BAS. Your myGovID needs an internet connection just like our online services. So if someone with limited mobile coverage has access to internet to deal with us online they will be able to connect their smart device to that same internet to use myGovID.

For more information or assistance, visit:

myGovID for more info about the Australian Government's digital identity provider.

Thanks

KylieS

Re: Do I need to have a business name?

kevincc334 — Mon, 14 Oct 2019 06:38:18 GMT

Thank you