ARE YOU ENTITLED TO AN AUSTRALIAN BUSINESS NUMBER (ABN)?

You are not entitled to an ABN if the activity you carry out is as an employee.

If you intend to carry on a business with a view to making a profit, then you are entitled to an A.B.N.

Australian business numbers were introduced to enable businesses in Australia to deal with government departments and agencies using a single identification number.

The ABN is a public number that does not replace your tax file number.

You will need an ABN when:

  • registering your business,
  • registering for  G.S.T.,
  • registering for  P.A.Y.G. tax,
  • registering for Fuel Tax Credits Scheme.

Please contact me if you need assistance.