Measuring the integrity of the ABR

From September, the Australian Business Register (‘ABR’) will contact a random sample of ABN holders across all entity types to:

• confirm their business information;

• discuss how they use the ABN, and check their understanding of how ABNs are used;

• find out about their registration experience and ask for suggestions for how they can improve it; and

• if applicable, confirm their entitlement to the ABN (although the ABR will not cancel ABNs unless requested).

The ABR is trying to understand and improve the experience for clients applying for, maintaining and cancelling an ABN, and will use the information to measure ABR data quality.

Disclaimer
This publication is intended as a general commentary only and does not purport to be comprehensive. It should not be regarded as tax advice and you should not act solely on the information contained herein. Please contact AscendPoint to further discuss about your circumstances or concerns.