Millions of small business owners could be forced to pay ABN renewal fees

SmartCompany, Friday, July 20, 2018

Millions of Australian small business owners could be forced to pay to renew their Australian Business Numbers under a government plan to reform the ABN system.

Approximately 7.7 million Australians currently hold an ABN, and there is no cost to apply for or continue to use the number.

However, that could change as part of the federal government’s ongoing work to take action against the black economy and fraudulent business activity. READ MORE: https://www.smartcompany.com.au/business-advice/millions-of-small-business-owners-could-be-forced-to-pay-abn-renewal-fees/?utm_campaign=SC&utm_medium=email&utm_source=newsletter