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How to Change Your ABN Details Online (2019 Update)

How to Change Your ABN Details Online (2019 Update)

Have the circumstances of your business recently changed? If this is the case, it's important that you let the ATO know. Read all about it here.

25th March 2019

Owning an ABN means that you have to ensure that your details are up-to-date. Read this guide to find out what you need to know about changing your ABN details online.

Have the circumstances of your business changed? Have you changed address, email, or any other important details? If so, you must do this within 28 days of the changes occurring.

Thankfully, you don’t have to worry about filling in multiple forms and undertaking an arduous process to get this done. By using the online portal, you can report your changes to the following:

  • The legal name of your business
  • Addresses including postal locations and email
  • Whether the business is public or private
  • The business structure
  • The industry code and main activities of the business
  • Other contact details

How to Change Your ABN Details Online

There are a few possible ways the Australian Business Register (ABR) lets you update these details online. They include:

AUSkey

An AUSkey gives you a secure login for online Government services for businesses. These services are more than just changing details, it also is a pathway for business to lodge their business activity statement (BAS).

Obtaining an AUSkey requires a business to verify their eligibility. Essentially, an AUSkey requires an ABN and an eligible associate. Once created, this person will have an administrator AUSkey, businesses are able to apply for subsequent AUSkeys.

You can register for an AUSkey through the ABR.

Manage ABN Connections

An alternative to AUSkey, Manage ABN Connections lets someone connect ABNs to their myGov account where they are given the ability to update the ABN details after securely logging in. The ABR gives details on how to set this up.

Contacting the ABR

The ABR provides other methods, business can contact them directly. Alternatively, there is a form that can be submitted by mail after an order is placed.

Failing to update your details

If you fail to update your details within 28 days, you will face penalties by the ATO. Under section 8C of the Taxation Administration Act 1953 (Cth), failure to comply carries a $3,400 fine. An increased fine may apply if you have previously failed to comply with ATO obligations.

Conclusion

As a business owner it is important that these details are kept up-to-date. If you have recently change your business structure or your business is no longer active, consider our guide ‘How to Cancel Your ABN’. If you need further guidance concerning changing ABN details, then it is best to consult with LawPath where we can help register an ABN.

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Author
Adam Lewis

Adam is a Legal Intern at Lawpath working with the content team. With an interest in consumer and commercial law, he is currently completing a Bachelor of Commerce and Bachelor of Laws at Macquarie University.