Are your ABN details up to date?
Emergencies, Government Grants, ABNs and your details
Did you know that your ABN is used for more than just invoicing?
Updating your ABN details is easily overlooked with the day-to-day demands of running a business, but it really shouldn’t be.
Keeping your ABN details up to date on the ABR, especially your business’s physical location, ensures your business is ready for new government services (i.e. grants) when they become available.
Your ABN details are used by emergency services and Government agencies to help identify and contact businesses during times of emergency and potential disaster.
For examples of how ABN details are used during emergency, visit the ABR website.
So, remember to update your ABN details such as:
- physical business location (not tax agent’s address)
- postal address
- phone number.
If you are no longer in business, you should cancel your ABN as well. All these can be done online and take effect immediately.
Stay safe this disaster season and make sure your details are up to date!
You can update your details by visiting the Australian business register website www.abr.gov.au/update-abn