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:

• registered with Australian Charities and Not-for-profits Commission
• a not-for-profit
• a non-reporting member of a GST or income tax group