Browse Forums Owner Builder Forum 1 Jul 02, 2015 9:40 am Hi, Some companies will offer a discount to an owner-builder but only if you have an ABN. What do I need to do? Do I need to register a business under my name with the Department of Fair Trading? Then apply for an ABN with the ATO? Thanks! Re: How to get an ABN 2Jul 12, 2015 3:32 pm Hi Build74 As a true owner builder, you cannot claim the GST component of building your own home, and this is all the 'discount' often is. Ask why they require an ABN and what they intend to do with GST. According to the ATO 'You can claim a deduction for the construction costs of buildings and other capital works – such as structural improvements – that are used for producing income.'. Building your own home is not for producing income. https://www.ato.gov.au/business/income- ... eductions/ If, for whatever reason, you decide to go ahead with obtaining an ABN, you can do it here (as an individual): https://secure.abnregistration.com.au The Owner Builder magazine - take your owner build project from idea to reality with our help. http://www.theownerbuilder.com.au Re: How to get an ABN 3Aug 04, 2015 12:53 am Bunnings has a Powerpass card for ABN holders that gives approx 5% off a lot of products. I hear that they have something similar for owner builders - you need to show an OB cert. You can't claim the GST as Lynda pointed out. There is also a cost to getting an ABN. Builders can get good discounts for volume, bit it is harder for owner builders to access this as you won't be putting the volume of business through. I think the proposal that a supply and demand curve are a natural law are well exaggerated. Wages never seem to follow this curve, and also prices for supply are sticky… 18 20190 Go to an actual paint store, not bunnings. Dulux even have trade centers. Don't have to be a trade to but their paint. 1 14058 Depends how much direct sun it gets. Is there any shading (eaves or trees)? If the sun hits a window directly it doesn't matter too much if it's double or single… 1 10106 |