If you are a sole trader (individual) please enter your full name.
A sole trader is an individual running a business. If you operate a business as a sole trader, you are the only owner and you control and manage the business. All the assets and liabilities of the business belong to the individual personally. Profits and losses cannot be split with others, and the individual owner is personally responsible to pay tax on all income derived from the business.
A company is a separate legal entity capable of holding assets in its own name. It has a separate legal existence from its officeholders and members. A company has the same rights as a natural person and can incur debts, sue and be sued. The business operations of a company are controlled by directors and owned by the shareholders. Companies have increased legal and reporting obligations to regulators and the tax office, and are registered with the Australian Securities and Investments Commission (“ASIC”).
A trust is a relationship where a trustee (an individual or a company) carries on business for the exclusive benefit of other people (the “beneficiaries”). A trust in itself is not a separate legal entity.
If you do not have a formalised partnership agreement you may jointly own the rights in the sound recording. If you do jointly own the rights, please indicate below. A partnership is formed when 2 or more people (the maximum of numbers partners is usually 20, however there are exceptions) carry on a business activity together. Unlike a company, for example, a partnership is not a separate legal entity which means that depending on the partnership structure, each partner may be liable for all obligations and debts of the business.
Please note, at the time of payment, PPCA may be required to deduct tax at the highest marginal rate.
Must be a valid 11 digit ABN and be linked to the Legal Name entered above.
Must be a street address
Your file must be a doc, docx, xls, xlsx or pdf under 3MB.
