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❤🎉 thanks

Love this. Thank you for the tips. It was seen in 2024. Even though the video was 4 years ago.

wah

Hi, Thanks for your info. What if I just starting out as an online business and wanted to set up a company for my business structure, can I be either shareholder and director? Thanks

Hi Patrick I am sole trader at the moment I'm Sydney Australia Looking to become a Pty ltd And registered with gst How much do you charge if you set it up for me? Alex

Geat. Didnt answer a key part of GST tough. Is it done on top of income tax? or ia it aprt pf income tax. In other words, am I going to be paying 28% income tax + 10% GST? Is my total tax (38%)?? If so, that seems absurdly high. Id be looking at moving countries if thats the case.

Hi there, thanks for the informative video. I was wondoring do I charge GST if I'm providing IT services to overseas clients ? or does GST only apply to consumers within Australia ?

My sister and I created a company and the accountant put her as a public officer alone. I asked to be added as one ? Is that possible and is it possible to add a person even after creating the company? Thanks

احب العربيه واحب الانجليزي

Great job

Left side of politics corrupt think rich don't pay taxes, they pay Alot of taxes when they spend like upper class & middle class

How much minimum capital is required for registering a construction company?

Where 8s the link to the Business Ready Package? There is nothing in the comment and I searched your site too.

Hello i nead your help how can i contact you. Plz send me a contact number.

Great info

Gst slowly ruining my business trade, never ending payment for every 3 months then the end of the year massive income tax to pay, by the way every 3 months you pay gst and income tax plus end of year.

Do you have to register for GST in this scenario? If you buy a privately-owned car for 49.5k, and re-sell it at 40% profit on gumtree for 82.5k cash. If you register for GST, you pay 7.5k GST and keep 25.5k profit. If you don't register for GST, you pay ZERO GST and keep 33k profit. That's a 7.5k GST savings. Let's assume you don't earn any other income that year.

wtf get a better mic

hi i need your help if my income is 2000 my expenses is 400 much tax i have you ?

Very well explained. Thank you so much. GOD bless you

Thank you very informative.

Awesome! Well explain.

Good explanation

kdmanojkumarkd@gmail.com ,pls i want to start a business in australia. Pls send me a mail.

This is why everything we buy in Australia is expensive. You buy a $4000 car in Japan + shipping costs + 5% custom duty + compliance costs+ 10% gst + 10% Import duty + 3% stamp duty = $9300 in Australia.

You buy a $120000 c43 in Australia it tax $35000 = $85000 before you apply custom duty tax 5% , 10% gst , 5% tariffs, 33% lct, 5% stamp duty, Rego and ctp ) Goveernmevt totally corruot in Australia since Bob Hawke was in power 80s

There also 5% custom duty tax, 10% Import duty . The reason why products much cheaper in usa there no federal sales tax in USA = no taxes on retail price of cars, food, goods, fuel, liquar ) but Alp in Australia blame Capitalsm for high prices not socal democracy bullshit

Thank you for this important information. Could you explain me that how to get a contract to a company ? What are the websites and basic requirements etc..

Can't believe what I'm hearing. To state asset protection as the first key benefit to starting a company is abysmal. It encourages and condones many irresponsible director behaviours such as phoenixing, knowing full well they won't be held personally accountable. The laws need changing to allow directors to be charged and be personally and financially accountable for the failure of a company.

This is so good... i opened my business for the first time on my own and dint real understand the GST SYSTEM.. but now I do... thanks for the support

Cashout $10,419 on weekly basis with the help of @tradefx_with_tulio on IG

Hi friends, I am Arise from Shenzhen, China. I am working on international voice and sms position. I am lookin for business vendors who can provide local sms service with sim cards in Australia! To start business, you need to buy one sms gateway--the device to send sms via sim cards. You need to prepare internet and sim cards. That's the basic to start sms business. Regarding to the sim cards, our business may need a lot of sim cards to change. The most important is that you need find the cheapest local sms plan to send countless sms. I will collect countless sms and use your sms plan. I'll pay you for using your sms service so that you can make good profits! I promise that you will get very good money! If you're interested and have resource on sim cards, pls find my contacts. Skype: skyline_arise WhatsApp/Phone/Wechat: 0086 17688733622 Thanks for reading! Arise Chiu #Australiasmsbusiness #australiasimcards #australiasms

Hey hire me POP I am a professional Consultent from India....

A farmer buys some watermelon seeds and pays gst on the seeds , he gets charged for the water he uses and pays tax on it , the soil enhancers he pays gst , the fuel to take it to market he pays gst , the workers pay tax aswell and pay gst to spend the money they earned , then the whole saler pays gst on the melons he bought from the farmer and pays gst to send them to market , the market buys the melons and pays gst on them , and eventually the customer buys them and pays gst on the melons , so by the time 1 melon has made it to a customer its been taxed multiple times , no wonder farmers are struggling

Lets take a look at farmers

Its blatant theft and should be illegal

So for those who arent real smart , say i earn 1 dollar , i pay 20c tax on that and get 80c pay , now to spend that money will cost me 8c gst , so in total ive been stung 28c in tax

And at the end of the financial year i get my tax return which is taxed and i have to pay gst to spend it

Get this i work and pay tax , the money i earned and payed tax on ,i have to pay tax again (gst) to spend the money i already was taxed on , basically gst is a spending tax

Gst is about robbing us twice

Hi Pat thank you for uploading this great tid-bit of knowledge. I think we have both grown up in an country with a goods and services tax. But I sometimes wonder what would life be like without a GST...

Can we claim GST for the registrations and insurance of the business? OR is it a GST free purchase?

Hi Can a foreigner open company in australia without visiting australia ?

Another problem. There is a popular product selling for $ 1000 to $2000 and is rapidly growing. There are only a couple of companies in Australia Importing from China not producing. How can you get into the business building in Australia without buying parts from China? There is a producer in Europe but won't sell to Australia/Asia. All I can see is a brick wall or emigrate.

This is SO helpful for someone learning for the first time. Thank you so much🙌🏻

Pls advise how to download a guide to get more details about opening a company

Hi i am GST practicetioner from India, working in a CA firm, nice to see your video, Australian GST system is slightly different than it's indian counterparts, actually much easier i think

Great feed!

what is gst turnover for 1 month rougly?

quite simple than that of india