Work from Home & ABN?

[~Gee_Whizzy~]

I'm going to be doing admin based work from home but need to register for an ABN and not really sure what i need to do?. i had a look at the vic gov website and it just confused me even more! - I haven't commenced the work yet but the online agency im working through requires all employees to have an ABN prior to work being offered to us.

Can anyone help please? do i need to apply for the gst, tax credits etc?

TIA

[onthefly]

You apply through the ATO. Or your accountant can do it for you
gst will depend on the type of work and total income. I think generally you only have to register for gst if you earn more than 75k/year, for eg.

[~Gee_Whizzy~]

Thanks Marcellus

As it will only be adhoc work, not ongoing, i highly doubt ill be earning 75k! (i wish!)

So you can't apply online for it? if not, will contact my accountant tomorrow to get the ball rolling.

[Rainbow_Mumma]

I did my abn online on the Vic ATO website, technically you don't have to have on unless earning over 75k but if they require you to then I guess that's different, I don't earn that much but got an abn when I found out people only have to pay you 48% of what you charge if you don't have one and wothold the other 52% for tax

[starangelk]

The website is ABR - Home Page to apply for an ABN online.......you should get it automatically if you answer all the questions right

[Rainbow_Mumma]

I did my abn online on the Vic ATO website, technically you don't have to have on unless earning over 75k but if they require you to then I guess that's different, I don't earn that much but got an abn when I found out people only have to pay you 48% of what you charge if you don't have one and wothold the other 52% for tax

[~Gee_Whizzy~]

Thanks for your help lovely ladies!

[Brunette01]

How did you get involved in doing admin work from home? I really want to do something like that but can't find any contacts to get the ball rolling!

[Starfish]

Does anyone know if the ABN requirements vary from state to state? We are thinking about setting up a home business too and have no idea how these things work, so I am subscribing to this thread hoping to learn some things.

Good Luck Negrita.

Good Luck to you too Brunette.

[~Gee_Whizzy~]

I think and ABN is nation wide (but not 100 sure!)? im actually getting my accountant to set it up for me - it was too confusing for me

[Starfish]

I'm not sure if this is helpful to anyone, but I am signed up to a Career Mums newsletter that has all kinds of info about setting up home businesses, getting flexible jobs, etc. If anyone is interested, please PM me and I will give you the details.

[Rainbow_Mumma]

Starfish I don't know how to pm from my phone but I'd love the link


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