Home – New Forums Starting your journey Selling on ebay Sole Trader or Partner. Reply To: Selling on ebay Sole Trader or Partner.

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I agree to the above, you can get a lot of good information from the ATO website and you can contact them for assistance as well.

As you haven’t provide much details on who you might be partner with this business, it’s hard to suggest sole trader or partnership for you. There are a lot of things to consider when it comes to choosing a structure.

As for tax matters, just as the above post, keep all your records and receipts and keep them in an organised manner and categorised them as well, it will make the bookkeeping side easier. Do it from the beginning and keep at it to make it a habit to be organised.

You should also start finding an accountant that you are comfortable and happy with, as your accountant should provide youw advise about your business performance and help you get better with your compliance matters and help you find ways to improve your business. Accounting is a lot more than preparing number and lodging tax returns.

Should you need any assistance feel free to ask.

Besh wishes to your business.