n2m,
It costs money to keep a company current and it is almost impossible to kill when you decide not to carry on in time.
My guess is about $2500 pa
The only advantage I can see is that if you are married you can split the income with your wife before 12 months have elapsed by getting her to do the cash book.
So in short I wouldn't bother with a company until your accountant said it was worthwhile. Unless of course you are a top gun trader with a 5 year track record.
- Forums
- General
- tax and trading through an abn
n2m,It costs money to keep a company current and it is almost...
Featured News
Featured News
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online