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Dropshipping

Newbie

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Replies 1

Hey all, I am wanting to start a dropshipping store, but I have no idea on the tax based in Australia. I have tried to do my own research but there is so much information that it is confusing. Can someone help me for example what I need to do for my dropshipping store to be legal and anything else. Thank you

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

Taxicorn

Replies 0

@Businesstax 

 

Tax will be based on your total taxable income.

You will need an ABN and probably don't need to be registered for GST as your sales won't exceed $75,000 initially.

 

As regarding what,how and who of Dropshipping, this forum can not help you.

We can only advise rom a "tax' point of view as it is a tax forum.

 

1 REPLY 1

Most helpful response

Taxicorn

Replies 0

@Businesstax 

 

Tax will be based on your total taxable income.

You will need an ABN and probably don't need to be registered for GST as your sales won't exceed $75,000 initially.

 

As regarding what,how and who of Dropshipping, this forum can not help you.

We can only advise rom a "tax' point of view as it is a tax forum.