Business Bookkeepping & IT Solutions

Keeping ABN details up to date

We find businesses tend to forget to update their Australian business number (ABN) details in the Australian Business Register (ABR) when their circumstances or details change.

You can do a few things to help keep your clients’ ABN details up to date and reduce unnecessary contact from us.

Check ABNs are still in use

Many partnership and trust ABNs are not in operation, or their business structures have changed. Talk to your client and if their business:

  • is no longer in operation, cancel their ABN
  • structure has changed, cancel the ABN for the old structure before you apply for a new one.

Check the authorised contact details

Sole authorised contacts cannot be removed from the ABR, but you can update contact details. If you are the sole authorised contact for a former client, your details can only be removed once a new contact is added.

We recommend that you add alternative contacts to your client’s ABN record, and update the ABN record for any new clients.

Next step:

  • Update your client’s ABN details

See also:

  • Authorised contact details

Register trading names with ASIC

Check your clients have registered their trading names as business names with the Australian Securities & Investments Commission (ASIC).

By 31 October 2018, businesses will need to register any existing or old trading names as a business name with ASIC in order to continue operating with it. ABN Lookup will reflect these changes and will only display business names registered with ASIC from this date.

Next steps:

  • Search ASIC business name registerExternal Link
  • Register a business name with ASIC

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Business Bookkeepping & IT Solutions