View Single Post
  #2 (Link to this post)  
Old 03-07-09
peppie's Avatar
peppie peppie is offline
Power Member
 
Join Date: Dec 2008
Location: Sydney NSW on the south side
Posts: 366
View Member's Facebook Profile
Default Re: 1 ABN, 2 business names?

A bit of common misconception and one which I fell for some time back. Even a business course I did was not aware of the difference for a solo trader.

If you work solo the ABN you have is linked to your name first and not your business name. The ATO regards you as the entity and your business name/s is one or more of your identities.

If your were working under a company structure the company is the entity and thus has it's own ABN. Which is totally separate from any ABN you may personally have.

If you go to the ATO site and you search for an ABN you should find it listed against your name and your trading/business name as well. You an also register any other business names against the same ABN and a search would show all of them under the same ABN.

I know this to be the case because I have 2 business names and only one ABN for both.
__________________
Paul Perry

Recovering and preserving the recorded history of the last century to be seen and heard in the next.

Aureola Productions
www.aureola.com.au
Reply With Quote