View Larger Image Franchising and tax Starting and running a franchise business is much like starting and running any other small business.You need to understand the different tax treatments for franchise-specific payments and transactions and how these transactions work between franchisors and franchisees. Franchise fees Royalties or interest payments Training fees GST Transferring or terminating a franchise The franchisor and each franchisee need to have separate Australian Business Number (ABN). A franchisor grants the right to use a business brand name or trademark and the right to produce or distribute their product or service. A franchisee, receives the right to use a business brand name or trademark and the right to produce or distribute the franchisors product or service. By Leigh Roberts|2021-07-02T14:51:31+00:00April 27, 2021|Franchisee, TAX|0 Comments Share This Story, Choose Your Platform! FacebookTwitterRedditLinkedInWhatsAppTumblrPinterestVkXingEmail About the Author: Leigh Roberts Professional Window Cleaner and Franchisor for kraken Window Cleaning on the Mornington Peninsula. Also Loves Surfing, Haloumi, and Family! Related Posts 16% of each paid invoice, why? Gallery 16% of each paid invoice, why? 3 unavoidable start up costs. Gallery 3 unavoidable start up costs. NEW FRANCHISE OPPORTUNITY Gallery NEW FRANCHISE OPPORTUNITY Volkswagon Caddy Gallery Volkswagon Caddy Leave A Comment Cancel replyComment Save my name, email, and website in this browser for the next time I comment.