Applying for GST, PAYG and business name for your client
To save time you're able to apply for other business registrations as a part of your client's Australian business number (ABN) application. If you want to apply for your client at a later stage, you need to register directly with the relevant government agency.
If your client's application is refused, you won't be able to apply for other business registrations.
For more information, see:
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.
Although not mandatory, you will be asked for your client's business banking details when applying for GST at the same time as an ABN.
For more information, see Goods and services tax.
Pay as you go withholding
Payers may need to withhold amounts from payments they make and send the withheld amount to the ATO. Payers may need to withhold amounts from payments to their:
- workers
- other businesses
- other payees.
For more information, see Pay as you go withholding.
Business name
A business name is the name your client’s business operates under. They'll need to register a business name with the Australian Securities and Investments Commission (ASIC) if they conduct business under a name other than their own.
Business names are not to be confused with the term 'trading name'. See Trading names are not registered business names.