ABN registrations under scrutiny: does yours stack up?
Have you run a small business that has ceased or paused operations? Or perhaps you’ve been hired as an ABN contractor? The ATO is cleaning up the Australian Business Register and is on the lookout for people who may not be entitled to hold an ABN. This year, the ATO has been focused on improving the integrity of the Australian Business Register (ABR). You may have even heard that the ATO has been “bulk cancelling” a large number of ABNs. Only entities that “carry on an enterprise” are entitled to hold an ABN. An enterprise includes running a business, … Continue reading ABN registrations under scrutiny: does yours stack up?
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