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Daniel
Daniel, Solicitor
Category: Australia Law
Satisfied Customers: 5708
Experience:  Bachelor of Laws (dist) Graduate Diploma in Legal Practise. Admitted NSW Supreme Court / High Court
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Is a secondhand dealers license still the only legal

Customer Question

Is a secondhand dealers license still the only legal requirement to buy/sell/trade gold and silver?
JA: What state are you in? It matters because laws vary by location.
Customer: qld
JA: Has anything been filed or reported?
Customer: no
JA: Anything else you want the lawyer to know before I connect you?
Customer: only if the gst registration laws apply at the same level, or do you have to gst register no matter of the level of you rsales/
Submitted: 11 months ago.
Category: Australia Law
Expert:  Daniel replied 11 months ago.

Hello
Generally that is all that is required yes.

GST is applicable if you earn more than $75,000.00 per year.

Apart from that, you need an ABN and business entity.

I wish to help you in this situation.

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