A range of taxes affect small business, so before you begin operating you'll need to know what you must do to comply with government taxation regulations.

• Register for an Australian Business Number (ABN)
  The Australian Business Number (ABN) is a unique 11 digit identifying number that businesses use when dealing with other businesses.

• Register for Fringe Benefits Tax (FBT)
  FBT is a tax payable by employers for benefits paid to an employee or the employee's associate in place of salary or wages.

• Register for Goods & Services Tax (GST)
  The Goods and Services Tax (GST) is a broad-based tax of 10 percent on the sale of most goods and services and other things in Australia.

• Register for Pay As You Go (PAYG) withholding
  Pay As You Go (PAYG) withholding is a legal requirement to withhold amounts for income tax purposes.

• Register for a Tax File Number (TFN)
  A Tax File Number (TFN) is a unique number issued by the Tax Office to individuals and organisations.

• Register for Pay-roll Tax
  Pay-roll tax is a state tax on the wages paid by employers. It is calculated on the amount of wages you pay per month.

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