Hello,
If I buy a secondhand item off ebay or Gumtree from a seller who doesn't have an ABN what kind of information does the ATO need to accept it as a valid purchase? (for depreciation)
Do I need to have the seller complete the ATO form about this being a hobby and not a business so as to not take withholding tax for not providing an ABN?
Thanks in advance,
Bec.
If I buy a secondhand item off ebay or Gumtree from a seller who doesn't have an ABN what kind of information does the ATO need to accept it as a valid purchase? (for depreciation)
Do I need to have the seller complete the ATO form about this being a hobby and not a business so as to not take withholding tax for not providing an ABN?
Thanks in advance,
Bec.