You should cancel your ABN if:
- The business has been sold
- It has closed down
- Your business structure has changed
- You are no longer operating in Australia
Prior to cancellation you must ensure that you are up-to-date with lodgements and reporting obligations, such as activity statements, PAYG and GST reports.
By cancelling the ABN you will also be cancelling GST, luxury car tax, wine equalisation tax, fuel tax credits and the Auskey attached in the same process. You must cancel PAYG before ridding of the ABN.
The easiest way to cancel your ABN is by using your Auskey on the ABR website. Alternatively you can call the ABR on 13 92 26.
This information is of a general nature only and does not constitute professional advice. You must seek professional advice in relation to your particular circumstances before acting.
Updated — Sep 13, 2015