Alan Lee wrote:
...snip.....
> >
> > If you want to buy a new card from a legitimate Australian business,
> > complete with invoice containing ABN (which is the only type good for
> > getting your GST back and not having to pay it a second time), then fax
> > me an order on letterhead.
> I think its illigal to not provide a ABN etc isn't it? If your in
> retail/service etc and doing more then $10,000 a year in sales, you are
> required to be registed and so forth?
>
> Im not accountant or anything, just goin on what ive been told.
Don't worry. It was a dig at our pro-markets mob that like businesses
with their here today and gone tomorrow business plans, so long as they
get a good price.
I think you will find that it actually is legal to do business without
an ABN, but there are all sorts of disadvantages.
For the business buyer, you can not claim the GST as a credit on GST
already paid and the goods are then counted as non-gst, which is
deducted from your GST credits on your BAS. So you end up paying twice.
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