BSB 805 050

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BSB 805 050

Sole Trader

What is a sole trader?

A sole trader is a person who is the exclusive owner of a business and entitled to keep all profits after tax has been paid. Sole traders are liable for all business losses.

What is a sole trader

To get started with your business account, follow the steps below.


Step 1. Setting up your business membership

Got a personal membership with People's Choice?

Great! If your ID has been verified in a branch you may be able to open your business membership from the comforts of your office. Please continue with the next steps.

If you have not been verified in a branch or are not a personal member, no worries. Click here to have one of our Business Membership experts get in touch with you for next steps.


Step 2. Get a head start with your business account

Click the button below to download and fill in a membership application form for Sole Traders. To get a head start on your business account have these forms handy when you get in touch with us.

Business Membership Application for Sole Traders
To get a head start, simply click the button below to download and fill in the form and take it with you when you call us or visit a branch.

Sole Trader application

ABN (if your business has one)
Advise us of your Australian Business Number (ABN).

Not sure where to find your ABN?
You can look up your ABN with the Australian Business Register at this link: http://abr.business.gov.au/


Step 3. Finalise your business account

To complete your business account, give us a call at 13 11 82.
If you already prepared some of the application forms, please have them handy.

Alternatively, you can drop in to a branch to open your business membership.
Find your nearest branch at this link.

Contact us to complete your sole trader account

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