Do I need an ABN if I am now a share trader?

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 · Accepted Answer

MarkATO · Answer

You can start your business without an ABN. Its only compulsory if you hit the $75k mark and are then required to register for GST. The only issue with not registering is that the any payer to you may be required to withhold PAYG for non disclosure of ABN.That may not be applicable to you anyway. See our Community post also ABN Registration Backdated. It provides some useful links to our website to get going. Also the 6 months only applies to future dating not backdating.

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