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RetailRegister now from $6.00
What may be affected? :
- if you acquire goods from your wholesaler on retention of title terms
- if you acquire goods regularly from suppliers for you to sell on consignment
- any goods that you sell in your retail business (including software licences, motor vehicles, watercraft)-
- if you sell these goods other than for full payment and
- if you have retention of title credit terms, or you lease them out to customers for two years or more.
What is not affected?:
- licensed pawnbroking where debts and market value of property is less than $5000.