Changes to ABN application process

The ATO has made changes to their Australian business number (ABN) application process to help safeguard its integrity.

The changes focus on:

• identifying people going through the application process multiple times
• confirming entitlement and helping people understand their obligations where there may be some doubt
• ensuring only those who are entitled to an ABN actually receive one.

The changes will help your business understand what it means to have an ABN and run your own business, as opposed to being an employee.

Flor-Hanly works with commercial and agribusiness clients to help grow their businesses. We help you focus on your goals and develop plans of action, and we meet regularly to help keep you focused.  We can help you understand your ABN obligations, as we may talk to you about your ABN entitlement and application. Contact our accounting team on (07) 4963 4800 or email to arrange a complimentary discussion.