|
|
|
Trading Post Member
 
Group: Forum Members
Last Login: 17/09/2008 2:23 PM
Posts: 9,
Visits: 3
|
|
| I have been making crafts at home in my spare time, do i need a business license to take my crafts to a market or craft show and sell them?
|
|
|
|
|
Trading Post Newbie
Group: Forum Members
Last Login: 12/06/2008 12:15 AM
Posts: 2,
Visits: 1
|
|
Hi
No, you dont need a business license to sell your crafts at markets or to enter craft shows or exhibitions even if you sell.
cheers
|
|
|
|
|
Trading Post Member
Group: Forum Members
Last Login: 30/10/2008 3:05 PM
Posts: 13,
Visits: 1
|
|
as far as I know, you can earn a certain amount from your hobbies in oz before you need to register as a business.
I think if you are earning over $5000 profit every year, then you might need to declare something to the taxman?!
|
|
|
|
|
Trading Post Newbie
Group: Forum Members
Last Login: 2/11/2008 12:50 AM
Posts: 1,
Visits: 1
|
|
| I also do crafts at home for sale at local markets & as I receive a centrelink payment was concerned about whether I'd have to register as a business which would mean applying for an ABN. I was told that unless I earned over $6000 pa it wasn't necessary as no tax or GST applies to under this amount. A single person on benefit can earn over $60pw without affecting their payment but C/Link still has to be informed. If you are living in government housing this may mean an increase in rental but not to any significant degree. At least that's the rule in WA. Keep on crafting!!!
|
|
|
|
|
Trading Post Member
Group: Forum Members
Last Login: 3/01/2009 11:42 AM
Posts: 3,
Visits: 2
|
|
| The post saying that you only need to after $6000 and you declare it through centrelink is correct. I have a small home craft business. I just keep all of my receipts and if I sell any thing I use a proper tax invoice book so I have a record. Then if I need to declare anything I have everything. I have registered a business name so I have to keep record, as I have an abn etc. If you are only selling at markets and that, I would just keep your records just incase. If you are going to use a name for your products you do need to register it though. Legally you cant trade under a business name without it being registered. If you use other peoples patterns you can sell them but not under your business name. You need to change the pattern at least 30% before you can put your name on it. If you are only going small I wouldn't bother with a name as it just creates more problems with pattern use etc. But like I said keep everything just incase. If you are really unsure contact the tax office, they will help you. Or contact a dept that deals with small business in your state. Then you will know for sure.
|
|
|
|
|
Trading Post Member
Group: Forum Members
Last Login: 3/01/2009 11:42 AM
Posts: 3,
Visits: 2
|
|
| The post saying that you only need to after $6000 and you declare it through centrelink is correct. I have a small home craft business. I just keep all of my receipts and if I sell any thing I use a proper tax invoice book so I have a record. Then if I need to declare anything I have everything. I have registered a business name so I have to keep record, as I have an abn etc. If you are only selling at markets and that, I would just keep your records just incase. If you are going to use a name for your products you do need to register it though. Legally you cant trade under a business name without it being registered. If you use other peoples patterns you can sell them but not under your business name. You need to change the pattern at least 30% before you can put your name on it. If you are only going small I wouldn't bother with a name as it just creates more problems with pattern use etc. But like I said keep everything just incase. If you are really unsure contact the tax office, they will help you. Then you will know for sure.
|
|
|
|