what does one actually do to register as a primary producer
Hi @AtcatFinancial,
For tax purposes you'll need to use an appropriate Business Industry Code, (BIC). You can let us know what it is on either a tax return or if you've an ABN via the Australian Business Register.
The code for example 01420 lets us know the business is in beef cattle farming, which is a primary producer business.
We've some fantastic information on our web site that talks about who is a primary producer and BIC codes.
All replies
Hi @AtcatFinancial,
For tax purposes you'll need to use an appropriate Business Industry Code, (BIC). You can let us know what it is on either a tax return or if you've an ABN via the Australian Business Register.
The code for example 01420 lets us know the business is in beef cattle farming, which is a primary producer business.
We've some fantastic information on our web site that talks about who is a primary producer and BIC codes.