- Registration of Business Structures, such as Companies, Partnerships & Trusts
- ASIC Business Name Registration & Renewals
- Managing Changes
- TFN & ABN Registration
- GST Registration
What is Tax File Number (TFN)?
A tax file number (TFN) is your personal reference number in the tax and superannuation systems. If you don’t have a TFN, your employer or financial institution must withhold more tax from payments they make to you. Without a TFN, you:
- can’t apply for government benefits or allowances, such as JobSeeker
- can’t lodge your tax return online
- can’t apply for an Australian business number (ABN)
What is Australian Business Number (ABN)?
An ABN is a number that identifies your business. Its a unique 11 digit number that identifies your business to the government and community. You can use an ABN to:
- identify your business to others when ordering and invoicing
- avoid pay as you go (PAYG) tax on payments you get
- claim goods and services tax (GST) credits
- claim energy grants credits
- get an Australian domain name
Source: ATO