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How to apply for an ABN in Australia

What is an ABN

Your ABN is an 11-digit number that represents your business to the gov, other businesses and the public in Australia. Legally you are required to have an ABN if you want to start an enterprise in Australia, or if you want to register for GST (Goods and Services Tax). 

You are required to register for GST if your business has a GST turnover of $75,000 or more ($150,000 for not-for-profit businesses). 

If you don’t have to register for GST, you are still expected to have an ABN.

How to get an ABN

There are three ways to apply for an ABN in Australia. The following are the methods. 

    • Registered through the ABR, for free (Australian Business Register)
    • Through your Tax agent
    • Download the form, complete it, mail it

You have to be a business entity to apply for an ABN. There are 4 types of entities. 

    • Individual/ sole trader 
    • Partnership
    • Company
    • Trust 

11 Things to note when applying an ABN

These questions are some that you should ask yourself before you apply for your ABN. Your answer will relate to your ABN application as these are the details that you have to give to the government.

  • Do you have a previously registered ABN?

In the case that you have applied for an ABN at a previous date, you must provide the details of your previous application. Use this link to see if you have an ABN already.

  • Are you using the services of a tax agent? 

Tax agents are representatives that can resolve any issues with the ATO on your behalf. If you are currently being represented by a tax agent, you can provide their registration number, which is usually found on an income tax return.

  • Do you have an ACN or Australian Registered Body Number?

All companies and registrable Australian businesses must register with ASIC before applying for an ABN. Once registered, ASIC will give you an ACN or an ARBN (Australian Registered Body Number). 

  • The name of your business 

If you are a business organisation, you must give the legal name of your business entity, which will be shown on all official business documents and legal papers. If you’re an individual, use your own name will suffice.

  • What is your TFN 

You TFN can allow quick application for an ABN online. During the application, you can give your own TFN and/or the TFN of any of your business associates. Without a TFN, your ABN application may be stalled.

  • Where is your business location 

Details such as the following

    • Street address
    • Business activity details 
    • Phone and email contacts 
  • What are your contact details 

You have to nominate a contact during your application to deal with all issues related to the business’s ABN, make changes and updates when required. This could be yourself, or a person who you nominate who will bear this responsibility. 

You have to give these following details for this person.

    • Name 
    • Position held
    • Mobile, phone and fax numbers (if applicable)
    • Email address 
  • The details of your business associates 

Based on your entity (Sole Trader, Partnership, Company and Trust), your business associates may be Individuals or Organisations

    • If your associates are Individuals, then you must provide their 
      • Date of birth 
      • Gender 
      • Position held 
      • TFN 
      • Residential address
    • If they are an Organisation, then you must provide their
      • ACN or ARBN (if applicable)
      • ABN 
      • TFN or address 
      • Date of formation 
  • Describe the main activity of your business 

You will be required to give out what your main income-generating activity is for your business. 

If you work in multiple locations, you may be required to give out the main business activity for each locale.

  • When do you need your ABN 

You have to specify the date when you need your ABN. Typically, it should be on the date that you want to start your business. 

  • Are you providing the correct information 

At the end of your application, you must declare that all the information you have provided is true and accurate. This is to ensure you can be held accountable for dishonesty. 

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Comparison on business structures in Australia

At BOA & Co., we pride ourselves in our ability to give you the best financial advice for your business, so that you can have the ease of mind when opening a new business venture, or when you are planning on expanding your business to the next level. Therefore, this article is dedicated to educate you on the different business structures in Australia and to see which one is most suitable for you. 

The 4 main business structures in Australia are the Sole Trader, Partnership, Company (Private/ Public), and Trust (Discretionary Trust/ Unit Trust). 

With each having their own advantages and disadvantages, and distinct characteristics, we will highlight the key features and issues of each to give you an overall understanding of each structure. 

But first, we believe that for each business it is crucial to have certain key elements, as follows. 

  • You should maximise your personal asset protection 
  • Minimise your tax exposure 
  • Comply with all legal requirements 
  • Allow new partners and investors to enter 
  • Have future access to Discount Capital Gains Tax Concession 

Sole Trader 

Typically in Australia, Sole Traders are small scale business operated by its owners directly, usually by family members and close friends. 


    • Can have direct control over the business and all its success
    • Low costs and minimal legal requirements to start up 
    • Easy to change the business structure
    • Greater privacy
    • Easy to disband 


    • Owners have to bear full responsibility for liabilities (unlimited liabilities)
    • Owner’s personal assets may be used to pay business debts 
    • Pay tax for all profits (Business income are taxable, included in their ‘annual personal income tax return’ and taxed at marginal rates)


Partnerships are formed by 2 or more business ventures. Once the partnership is formed, both sides become Owners or Principles of the business. In a Partnership, it is required to have a TFN of its own, since it is considered a new entity. They also bear profits and losses together, as well as set terms and conditions for the duties each side will have to follow. Under the Business Name Act, the name of the partnership must also be registered. 


    • Allows combination of different skills from each side
    • Partnerships are able to receive tax advantages 
    • Usually, partnerships dissolve if one partner passes away 
    • Taxable income or loss of Partnership is shared, according to Partnership Agreement; if not, is still divided between parties 


    • Unlimited liability spread between Partners, their property and assets
    • Required to lodge Income Tax Return 
    • Each Partner is responsible for other’s share of business liability


Companies can be divided into private and public companies, are run by directors and owned by shareholders. They can also be listed and unlisted on the ASX (Australian Stock Exchange) 

Similar to a Partnership, companies are required to have their own TFN, the business is operated by directors and owned by shareholders. 


    • Liabilities are limited to the Company’s assets, will not extend to the owner’s assets (within a limit)
    • All profits are taxed at a fixed rate 


    • Hard to set up and costly due to compliance costs 
    • Additional legal and financial reporting obligations
    • Not for all business start-ups 

Trust (discretionary and unit trusts)

There are two types of Trusts- discretionary and unit trusts. Trusts are required to have their own TFN, and to have a Trust Deed. The purpose of a Trust Deed is to set out the powers of the Trust, making it legally binding for the parties involved and create asset protection. 


    • Can hold properties for beneficiaries
    • Flexible in income distribution (discretionary trust only)
    • Discretionary Trust offer the greatest level of asset protection 


    • Can be difficult to dismantle
    • Need to lodge a separate Tax Return for the Trust 
    • Beneficiaries pay Personal Income Tax on their income from the Trust 

Should you have any questions about setting up your own business, feel free to contact us

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Negative gearing ‘scalpel’ will cool apartment demand: experts

The changes mean owners of any property not bought brand new will no longer be able to depreciate items like air-conditioners, cooktops and dishwashers, or shared equipment such as lifts and gyms in apartment complexes. Quantity surveyors and analysts said these form up to 50 per cent of depreciation deductions for investors.

If these changes were legislated, investor demand would fall or flatline and result in a cooling in the up until now resilient Sydney and Melbourne markets, SQM Research’s Louis Christopher said.

So far, federal Treasurer Scott Morrison has confirmed the deduction benefits of those who owned secondary properties before budget night would be grandfathered.

To prevent “double dipping” in depreciation, only the first investor of each new investment property can claim these deductions.

The federal government has also confirmed to that subsequent investors of residential investment properties would not be able to claim depreciation to existing plant and equipment even if that equipment had not reached the end of its effective life.

Investors could only claim depreciation on plant and equipment they had bought subsequent to purchase.

It was the implications to future demand from these changes that could soften the market, experts agreed.

Investors who own current properties, particularly newly built ones, would be hard pressed to find future buyers and might have to agree on lower selling prices. Supply of investor-type products like apartments could slow because developers depend on depreciation benefits as a selling point, they said.

With less rental dwellings, rents, which were already rising above the consumer price index, could rise even more, affecting tenants, Mr Christopher added.

“This change will have a major impact on investors, essentially reducing the annual deductions they can claim therefore reducing their cash return each year. This could lead to investors being in a tighter financial position and may discourage future investors from purchasing a second hand residential property,” according to quantity surveyor BMT chief executive Bradley Beer.

“It’s irrelevant if the properties are positive and negatively geared properties. For the second hand market there will be definitely be less demand.”

“The risk areas are those one-year old properties which will have a perceived lower value…this could have a negative impact on housing approvals and investors especially in the short term,” property advisory firm AllenWargent director Pete Wargent said.

“The investors [in housing] with the lowest rental yields will be affected by this change. This is a horrible change fo the industry.”

“The budget speech championed the role of investors in keeping rents down and providing accommodation to millions of Australians. This measure will increase the after-tax cost of holding a residential property and that cost will either be passed on to renters, or the supply of affordable rental properties will drop placing upwards pressure on rents due to demand,”  director Mike Mortlock said.

Quantity surveyor Washington Brown has even gone as far as saying the rules would affect off-the-plan investors who cannot depreciate plant and equipment purchased originally by the developer.

“I suspect that the legislation will be worded such that if the plant and equipment was in situ at the time of purchase, you can no longer claim it,” director Tyron Hyde said in his note to clients.

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Policy Changes for SMSF Customers & Those Requesting Interest Only Lending

Policy and Process Changes for SMSF Customers & Customers Requesting Interest Only Home Lending.

Today we are implementing policy and process changes for when we lend to Self-Managed Super Funds. These changes will apply to both Home Lending and Business Lending products.

On Saturday 1 July 2017 some additional changes will be implemented for Interest Only Home Loans to ensure we continue to apply responsible lending practices when assessing a customer’s ability to service existing and proposed debts.

These changes will help us protect the interests of our customers and ensure we continue to meet our regulatory requirements.

What’s changing?

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1. 什么是WET?

WET,全称Wine Equalisation Tax,是澳洲政府面向所有酿造葡萄酒,往澳大利亚进口葡萄酒,或者以批发的形式销售葡萄酒的产商征收的以葡萄酒价值为基准计算的税款。


2. 什么时候需要计算WET?


原则上,WET发生在最后一次批发销售的过程中,比如说批发商把酒卖给零售商的时候。当然也有例外情况,比如厂商用作品尝或者测试的酒,以及以酒窖销售形式卖酒(Celler  Door Sales)的店,也是需要为酒支付WET的。







3. 属于WET范围的酒类

  • 葡萄酒,包括气泡酒和部分强化葡萄酒
  • 葡萄酒产品,比如玛萨拉酒
  • 水果葡萄酒和蔬菜葡萄酒
  • 部分水果酒
  • 蜂蜜酒
  • 清酒


4. WET的计算方式

  1. 在不包括GST的批发价上加上29%的WET
  2. 用加成了WET的合计价格计算GST


1打葡萄酒 $120.00

(120 × 29% = 34.8

等于 $154.80

(154. 8 × 10% = 15.84

总价 $170.28



5. 如何上报葡萄酒税

在BAS(Business Activity Statement)上报GST的同时可以上报并支付WET,可以选择按月,按季度或按年支付,如果采用了年度支付的方式,则需要在进行了年度GST返还之后再上报WET。应缴税额和抵免税额需要分开上报。WET和GST的计算需要采用相同的会计方法和会计期间。对于自用的葡萄酒,WET应该分配到你饮用了葡萄酒的会计期间。


BOA & CO. 是一家总部设置在悉尼北岸金融中心(Chatswood)的综合性专业咨询悉尼会计事务所,在财务,税务,融资和信贷领域拥有深厚专业知识和广泛合作伙伴的咨询服务企业。BOA & CO. 拥有澳洲特性注册会计师(Chartered Accoutant),注册理财师 (Financial Planner),澳大利亚税务局注册税务代理(Registered Tax Agent),注册信贷经纪人(Mortgage Borker)的专业资质并且为 Intitue of Chartered Accountant, The Tax Institute and MFAA的专业会员。点此了解更多。


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澳大利亚联邦政府规定,从2018年7月份开始,四大银行将被强制要求使用综合信用报告(Comprehensive Credit Reporting)体系来记录并上报借贷人的信用记录。

我们知道,在最开始的时候,信贷机构普遍使用负面信用报告体系(Negative Credit Reporting),即在记录和上报借款人信息的时候,仅公布和参考借款人过去的负面信用记录,例如破产记录,法律纠纷,或者是两个月以上逾期未偿还的债务。后来,为了降低信贷风险,提高信用可信度,澳大利亚政府提出非强制性综合信用报告体系。


然而,各银行和金融机构面对政府的呼吁表现相当冷淡,从2014年新体系推出至今,金融机构提供出来的正面信息寥寥无几,四大银行更是没有给出任何的综合评价要求数据。在这种形势下,政府坐不住了,决定强行引入综合信用报告体系,不再给四大银行选择的余地(引自Sydney Morning Herald, 2018)。







财政部长Scott Morrison认为,在新的体系下,小型信贷机构或者新的入场者将变得更有竞争力。因为银行即将公布的这些综合数据能够帮助他们更好地评判贷款人的还贷能力,以及设计出满足各种不同需求的新产品。这将改变小型企业或者家庭贷款的格局。


BOA & CO. 是一家总部设置在悉尼北岸金融中心(Chatswood)的综合性专业咨询悉尼会计事务所,在财务,税务,融资和信贷领域拥有深厚专业知识和广泛合作伙伴的咨询服务企业。BOA & CO. 拥有澳洲特性注册会计师(Chartered Accoutant),注册理财师 (Financial Planner),澳大利亚税务局注册税务代理(Registered Tax Agent),注册信贷经纪人(Mortgage Borker)的专业资质并且为 Intitue of Chartered Accountant, The Tax Institute and MFAA的专业会员。点此了解更多。

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01. 什么是资本利得税(Capital Gain Tax)

依据澳洲税务局(ATO)的说法,当业主在处置(销售)一项个人资产时,将会产生资本利得(Capital Gain)或者资本损失(Capital Loss)。这是由于业主在购买资产时的花费和处置资产时的收益不一致造成的。低买高卖产生资本利得,高买低卖则造成资本损失。

当业主产生资本利得时,需要把这部分额外的收益算入个人应税收益(assessable income)里面,这将会大大增加业主最终需要缴纳的税额。而这部分税收,就是资本利得税(CGT)。

02. 自住资本利得税减免(Main Residence Excemption)





  • 业主和业主家庭在里面居住。
  • 业主的私人物品存放在房屋内。
  • 业主的信件投递到该房屋地址。
  • 该地址被登记为选民地址。
  • 电路,煤气等基本生活用度接通。



  • 在业主拥有该资本的所有时间里,业主和业主家庭都必须把它当成家使用。
  • 该资产从未被用来产生应税收入(比如说进行商业活动,或者出租等)。
  • 该资产所属土地面积少于2公顷。



03. 自住资本利得税新规



04. 新规的反响

据Financial Review报道,随着新政的落实,越来越多的外籍人士对在澳洲投资感到忧虑。他们很可能会出售澳洲的资产并把目标转移到其他国家。

Atlas理财公司董事Brett Evans提到,许许多多的外籍人士都向他表达了对新政的担忧,最近和客户的大部分业务对话都是围绕这方面的内容展开。基于此,他预测在2019年年中,也就是政策豁免截止日期之前,可能会有一轮的资产抛售行为展开。同时,众多计划前往海外的屋主也会出售名下房产。

而税务机构高级税务顾问Bob Deutsch则认为新的规定会产生“误伤”。他质疑说,有许多在澳洲生活了大半辈子,而在近几年才前往海外发展的澳洲人同样会受到新政的影响,而他们本不该是新政要针对的人群。


BOA & CO. 是一家总部设置在悉尼北岸金融中心(Chatswood)的综合性专业咨询悉尼会计事务所,在财务,税务,融资和信贷领域拥有深厚专业知识和广泛合作伙伴的咨询服务企业。BOA & CO. 拥有澳洲特性注册会计师(Chartered Accoutant),注册理财师 (Financial Planner),澳大利亚税务局注册税务代理(Registered Tax Agent),注册信贷经纪人(Mortgage Borker)的专业资质并且为 Intitue of Chartered Accountant, The Tax Institute and MFAA的专业会员。点此了解更多。

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近日,我们收到了来自澳新银行商业发展高级主管Tom Clarke的一封邮件,邮件对澳新银行关于自雇贷款申请人(self-employed borrowers)收入证明文件要求的相关调整进行了介绍。

据统计,17%的澳洲人属于自雇人士,其中包括了近一百万的独立承包商(Independent Contractor)。众所周知,因为没有一周四十小时的“标准工作”,自雇人士自然也不会有“标准收入”(Standard Income)的证明。而这就造成了自雇人士申请贷款时候会遇到很多困难。

调查数据显示,在所有因为工作状态使得贷款申请遭到拒绝的澳洲人里面,有54%是不知道其实他们有第二条路可以选择。也有一些人认为因为他们是自雇人士,他们只能去申请少文件贷款(Low Doc Home Loan),也即意味着更高的利率。然而事实并非如此。因此,对政策不了解的自雇人士,最好及时寻求专业人士的帮助,做好规划


情景 1 缺少评税通知书(Notice of Assessment)

1、 贷款人的个人退税单(需由注册的税务代理准备)以及以下文件之一:—— 一份ATO的递交凭证(lodgement receipt)和一封会计师信(accountant letter) 或者—— 之前几年的评税通知书(NOA)和会计师信2、两年的ABN/ACN注册确认信息3、ACN检索结果(用以确认贷款人为公司的董事和股东之一)


情景 2 证明公司董事费收入

1、作为董事/股东的个人退税记录(需由注册税务代理准备)以及以下之一—— 18个月内ATO的评税通知书,—— ATO税务递交凭证 和 会计师信 —— 前几年的评税通知书 和 会计师信2、公司退税记录,损益表(Profit & Loss Statement), 和十八个月内的资产负债表(Balance Sheet)


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不过好消息是,政府给了六个月的时间,让信托受托人更新信托契约(Trustee Deed)。只要在新的信托契约中,没有外国人获得收益,那么受托人就可以申请退还附加费。

01 什么是土地税和附加费

政府规定,土地价值超过$629,000的部分要缴纳土地税,主要住所用地除外。而外国人(Foreign Person),包括外国公司(Foreign Company)和外国信托(Foreign Trust)持有的土地,需要额外缴纳应税土地价值2%的土地税附加费(从2018年开始)。

02 如何定义“外国人”

政府给出的本地人定义是:澳洲公民,持有特定签证的新西兰公民,或者在过去一个公历年度内,在澳洲居住满200天且未来居住时间不受限制的居民。除此之外其他人都算作是外国人。而在一个公司或者信托中,外国人占有可观利益(Substantial Interest)的时候(至少20%),这个公司或者信托就属于外国人(Foreign Person)。

03 对市场的影响


Homeloanexperts网站的董事Otto Dargan认为,相比以往,今年来自中国买家的生意将会继续低迷,而更多投资者都会把目光转移到没有引入外国公民印花税政策的地方。OttoDargan反应,他们公司最高的时候5%的客户来自中国,现在却维持在不到1%。

地产中介Knight Frank的澳洲住宅研究主管Michelle Ciesielski总结道,许多开发商认为,比起悉尼,现在在墨尔本投资的性价比要更高。去年,维州38.7%的房地产交易额由中国买家贡献,而新州紧随其后,为35.6%。

另外,Knight Frank亚洲市场主管Dominic Ong也透露,随着中国开发商在高密度住宅项目上的探索加深,他们开始往中低密度住宅区项目上投资。他说:“低密度项目越来越受到开发商的喜爱。特别是在新州,政府发布中密度设计指引(Medium Density Design Guide)草案鼓励中低密度房产开发。”同时,这类项目受到贷款限制更少,从而降低了开发商们的风险。

BOA & CO. 是一家总部设置在悉尼北岸金融中心(Chatswood)的综合性专业咨询悉尼会计事务所,在财务,税务,融资和信贷领域拥有深厚专业知识和广泛合作伙伴的咨询服务企业。BOA & CO. 拥有澳洲特性注册会计师(Chartered Accoutant),注册理财师 (Financial Planner),澳大利亚税务局注册税务代理(Registered Tax Agent),注册信贷经纪人(Mortgage Borker)的专业资质并且为 Intitue of Chartered Accountant, The Tax Institute and MFAA的专业会员。点此了解更多。

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SMSF即自管退休基金(Self Managed Super Funds),也就是说这种基金的用户通常也是受托人。这就意味着SMSF的用户在遵守养老金和税法条款的前提下自己管理自己的基金。


  • 在如今价值2.3万亿的澳洲养老金市场中,自管退休基金占据其中的30%。
  • 截止到17财年的五年时间里,自管退休基金的数量增长26%到597,000,资产总值6970亿澳元。
  • 在15-16年度,自管养老基金资产回报率为2.9%,等同于当年受澳洲审慎监管局(Australian Prudential Regulation Authority,简称APRA)监管的基金公司(APRA Fund,一般为大型基金公司)的资产回报率。而且这是自管养老基金连续五年录得正收益。
  • 在2017年6月30日,57%的自管养老基金选择公司作为受托人之一。
  • 过去五年中,自管退休基金用户的退休金余额(Member Balances)增长了26%,其中女性用户余额增长了30%,而男性用户余额增长了22%
  • 在2016年,成立自管养老基金的人员年龄中位数是47岁,而在2012年为50岁。因此,相比以往,更多的年轻受托人加入了自管退休基金行业
  • 7%的自管养老基金以“有限追索借款”的形式持有财产,略高于去年的6%。

  • SMSF的数量增长到了598,620
  • 会员数为1130721
  • SMSF资产总价值估算为7016亿澳元
  • SMSF的资产组成为:上市股票 29%,现金和短期存款 23%,非居住用房地产和非上市信托11%

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