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CallaughanPartners
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Hi,

I would keep different MYOB accounts for each as that way you can track the performance of each business to make sure they are making a profit and track their performance.

There is no requirement to do this though.

You can do two BAS’s under the one ABN if you wish or just put it all under the one ABN.

If you have it as a sole trader and the joint turnover is over $75,000 then yes both will have to be registered for GST.

Cheers,