When did you last check your details on the Australian Business Register? If you’re not sure, it’s time to check your details are up to date.
Emergency services and government agencies use ABN information to identify businesses in affected areas during emergencies. This helps them determine who might need help or support during and after a disaster.
If your ABN details are out of date, you risk missing out on important assistance, updates or opportunities such as financial grants.
Check and update your ABN details including:
- authorised contacts
- your business’s physical location
- postal address
- email address
- phone number
- business activities.
If you’re no longer using your ABN, you need to cancel it. The ATO may cancel your ABN if there are no signs of business activity.
Remember, registered tax agents like the team at Paris Financial can help, feel free to get in touch with us on: (03) 8393 1000.
Source: ATO Newsroom
