Return to List of Tax Facts

Tax Facts - Australian Business Number

The Australian business number (ABN) is a single business identifier that allows businesses to deal with the Australian Taxation Office (ATO) and other government departments and agencies with one identifier.
An ABN is not compulsory and not everyone is entitled to an ABN. The following entities will need an ABN to comply with other tax obligations

  • Businesses with GST turnover of $75,000 or more must register for GST and need an ABN to do thi
  • Non-profit organisations with GST turnover of $150,000 or more must register for GST and need an ABN to do this
  • Entities seeking to be endorsed as a deductible gift recipient need an ABN to obtain that status
  • Charities seeking exemption from income tax need an ABN.

Other eligible entities may choose to register for an ABN:

  • Companies registered under the Corporations Law
  • Business entities carrying on an enterprise
  • Trustees of self-managed superannuation funds should obtain an ABN for the fund.

If an entity makes supplies of goods or services to a business, the supplier entity generally needs to quote an ABN. If the supplier does not quote an ABN, the payer may need to withhold tax from the payment.

Resources

We offer a range of free, easy to use online resources including:
  keyDates   Key Dates
 links  Internet Links  taxFacts  Tax Facts

Latest News

Click here to read recent articles, get the latest tips & tricks or find out whats new at The Rogers Group
Contact Us

Level 10 Suite 3
133 Castlereagh Street
Sydney, NSW 2000
Australia

Phone: 02 9267 7655
Fax: 02 9266 0243
map 
Testimonials
  • I have used The Rogers Group for financial and accounting advice over a period of 12 years, both at a personal and professional level. During this period I have found that they provide timely and courteous service at all levels of the organisation. - George M, CEO – Mining Industry

  • Thank you so much for your help in the last year – we really appreciate it and thanks for sorting out our lovely shoe box approach to accounting. Stephen, thank you as well for answering many questions and help with MYOB. We are grateful. Kind Regards - Anita & Shaun C

  • The Rogers Group has been working in conjunction with my clients and my firm for the last six years. In that time we have received nothing but excellence in service. The team at The Rogers Group led by Ms. Catriona Rogers applies a proactive approach to handling all Tax and financial matters. - Lachlan Schonfelder, MW Planning Pty Ltd

Copyright The Rogers Group © | Disclaimer | Site Map | Online software for accountants by Wolters Kluwer