There is NO requirement to have an ABN. However, if you don't the businesses to whom you supply goods will deduct tax at 47% (plus medicare) and forward that amount to the ATO. You can then claim a credit for the taxes deducted when you lodge a tax return. >unless you have a cash business :-) > >-----Original Message-----Received on Fri Oct 03 2003 - 00:00:00 UTC
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