Australian Tax & Accounting system
If you are looking to establish your business in Australia there are various registration requirements for business. Some of the necessary compliances are obtaining an Tax File number and registration for Goods and Service Tax. Tax Aspects: The handout also explains various forms of tax applicable for small businesses.You need to pay 10% GST for goods and services sold.
Choosing a form of business Entity: You can choose a business Entity which best suits your business needs and volume of your business.
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