How to Setup Your ABN (Detailed Walkthrough)

Looking for stress-free, fixed-fee accounting services? Book a FREE consultation with us: https://www.boxas.com.au/book-a-consu... Need cloud accounting software? Sign up for Xero: https://xero5440.partnerlinks.io/boxas (this is an affiliate and I will make a small commission at no extra cost to you) Have you considered starting your own business but don't know where to start? Or maybe you've already taken the initial steps, but you're feeling a bit lost. Well, fear not because we've got your back! A couple of years ago, we created a comprehensive course covering everything from setting up your business from scratch to important tutorials. But, alas, life got a bit hectic, and we didn't want these videos to go to waste. So, we've decided to share them with you for FREE here on our YouTube channel! In the coming weeks, I'll guide you through topics such as getting your ABN, registering for GST and PAYG, lodging your BASs, and so much more. Although some parts may appear a bit outdated, the essential steps and important information are still applicable, especially for sole traders. So make sure to watch for more helpful and informative videos coming your way! In this lesson of our FREE course on how to start your small business, I'll show you how to set up your ABN or Australian Business Number, including what personal details you need to provide and more. — Thank you for watching this video. I post videos on this channel to provide the latest and most frequently asked business questions. Please take a second to say hi in the comments below. Also, if you enjoy the video and find it valuable, subscribe to the channel, like and share it with anyone who you think might find my channel useful! — ► Subscribe to my channel here:    / daviemach   — Davie has over 10 years experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients. Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses. He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales. — Follow Me: LinkedIn:   / davie-mach   Instagram:   / boxas_syd   Facebook:   / boxadvisory   Website: https://boxas.com.au/ — DISCLAIMER: Please note that every effort has been made to ensure that the information provided in this video is accurate. You should note, however, that the information is intended as a guide only, providing an overview of general information available to contractors and small businesses. This guide is not intended to be an exhaustive source of information and should not be seen to constitute legal or tax advice. You should, where necessary, seek your own advice for any legal or tax issues raised in your business affairs. Video produced by Social Wave https://www.socialwave.com.au