Ling Lee
Ling Lee, at Digital Marketing and Personal Branding

Online business

Do I need an ABN for an auction company?

Hi all,

I want to start an antiques online auction business, but do I need an ABN for that?

Thank you,

Ling

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1 Answer

James Norquay

James Norquay , Consulting Director at Prosperity Media

The general rule is you need an ABN number if it is a "Business" if it is a "Hobby" then you may not need an ABN number, but that is a grey area.  I got an ABN number when I was 18 to sell on eBay the right way and pay tax. Now a few years later ive moved to a company and pay GST. My advice is if the businesses not a hobby set up and ABN number it just looks more processional when you send invoices to clients ect. 

Ling Lee

Ling Lee , at Digital Marketing and Personal Branding

Thank you so much for your advice!
Thank you so much for your advice!
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