Applying for GST, PAYG and business names
To save time you are able to apply for other business registrations as a part of your Australian business number (ABN) application.
If you need to apply for business registrations separately, you need to register directly with the relevant government agency.
If your application is refused, you won't be able to apply for other business registrations.
Goods and services tax
Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia.
Pay as you go withholding
As a payer, you may need to withhold amounts from payments you make and send the withheld amount to the ATO. You may need to withhold amounts from payments to your:
- other businesses
- other payees.
Most business will need to apply for a registered business name with the Australian Securities and Investments Commission (ASIC). You can carry on a business in your own name if you don't change or add anything to your name.
Business names are not to be confused with the term 'trading name'.
If you are still using a trading name, you need to register a corresponding business name. Trading names will not be displayed in ABN Lookup from 31 October 2023.