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  1. #1
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    Default Shop on Facebook?

    Hi, I was hoping someone could help me.
    Im interested in setting up a (very) small business. I would primarily use a Facebook page to show and sell my products. I believe I would make very little money out of it. It's more like a hobby and sale price would cover costs and my time (nappy cake business).

    Do I need an ABN? Do I need any licenses? Do I need to pay tax?

    Any help would be greatly appreciated!

  2. #2
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    DITTO! (A small business that might just make enough to cover costs and, if I'm lucky, a bit of 'pocket' money.)

    I already have an ABN. I got it years and years ago. I don't remember it being terribly difficult to get one, and it's been useful.
    Licenses - no idea sorry.
    Tax - no idea, but I guess there is a limit of how much you could make before you have to pay tax and you might fall under that.

  3. #3
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    Have you checked out the ato website? I recall reading a while ago about hobbies and tax, where tax would come into it.

    Sent from my GT-I9100T using The Bub Hub mobile app

  4. #4
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    I think you have to be earning $15000 a year off it before you need an ABN etc etc? It's definitely a limit I know my wahm business would never reach lol


 

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