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business ABN and pay $1100 annually

Thats a new one on me, an ABN is free to anyone who wishes to register even a business name or company name an ABN is free however once you have a PTY LTD company there is a gavernment body calles ASIC who want to take some money of you to register and trade annually but this is only around the two to three hundred dollar mark.

I would get a second opinion however in case you are being ripped off.

Talk to a Chartered Accountant, someone like ‘Fletcher Tax” they are very good.