I do not recommend resigning from your current job, until you have been consistently earning 3 X+ your monthly wages each month for the previous 12 months.
Every person 18+ can be self employed, either partly or fully.
As an Individual/Sole Trader, using your Full Name as your Business Name.
Having an ABN is beneficial, Tax Benefits: Most expenses related to the business, can be claimed as a deduction:
Part Vehicle Running Costs.
Part Utility Bills.
Part House Cleaning.
Business Drinks/Meals.
Stationery, Technology Expenses.
I recommend checking out the ATO link below.
https://www.ato.gov.au/Business/Income-and-deductions-for-business/Deductions/Deductions-for-home-based-business-expenses/Sole-trader-or-partnership-home-based-business/
Many Businesses have discounts to ABN holders.
Please obtain Financial Advice before deciding and conduct research too, includes speaking with the Owner of the business you plan to invest with.
Please enjoy the video and you are welcome to subscribe to my channel too.
https://youtu.be/t_RpLJPFIIk
This is a recent video I made.
Australian
Business
Number.
Every winner can be a business.
If you live in Australia, I highly recommend checking out this informative ATO link
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I'm a Transfemale, whose life has not been great, lied to about various things.
I've also been lied about, which is very unfair.
Hatched in Sydney, New South Wales, Australia.
Knew at 4, in 1970, that I was a gurl, but unable to do anything about it.
Used & abused by others, including being molested from 6-14 by a relative, viciously assaulted, and left to die at 16, I was left infertile, & little interest in anything remotely physical.
Wanted to be a Journalist, but because of assault, unable to continue my schooling.
Because of molestation and assault, I have major trust issues.
To keep the peace & make my father happy, did what he wanted, except join Defence Forces, Guns Scare ME.
I have written & Self-Published 11 eBooks, Link below.
I moved to Melbourne Australia February 2015, which has been good.
Have since left there.
My 2022 goal is to raise enough funds to finally Establish MCC.
I plan to employ Humans & Train them in Transferrable Skills.
I also plan to employ humans suffering from illness & disease, so they have flexibility for appointments.
MCC will observe COVID safe practices long after they have been discontinued by others.
All Team Members will be required to wear PPE when in the Production area.
Shares are $5 AUD each. The reason why they are low, is to allow all everyday winners the chance to share the wealth and help create MCC.
Shareholders will share 80% of Annual After Tax profit, paid early November each year, hopefully starting late 2023.
Multiple Incomes are the way of the future.
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