ABN cancellation for partnerships

The Registrar of the Australian Business Register (ABR) will soon start cancelling the ABNs of partnerships where there is evidence they are no longer carrying on an enterprise.

If your client has not lodged an income tax return or activity statement for the last two years their ABN may be cancelled.

If your client's ABN is cancelled and you don't receive a letter, it could mean your client's contact details are not up-to-date on their ABN record.

Partnership ABNs will not be cancelled if they are:

The ABN will also not be cancelled in cases where a known associate of the partnership has lodged an income tax return or business activity statement and declared business income or expenses.

Last modified
8 Jan 2020
ID
196