Taxation issues
You must tell the Tax Office if you have ceased trading or your business has been sold. You must also cancel your various registrations, such as Australian Business Number; Goods and Services Tax; Luxury Car Tax; Wine Equalisation Tax; Pay As You Go; or Diesel and Alternative Fuel Grant Schemes.
Keep your details up-to-date to make sure that any activity statements the Tax Office sends you reflect your current situation. All activity statements that are sent to you must be lodged - even if this is a 'nil' report because you have not traded in that period - and paid by the due date.
What to do...
- Read the Tax Office changes in circumstances essentials.
- Tell the Tax Office your business has ceased.
- Complete the application to cancel registration form (PDF, 0.17MB).
- Phone the Tax Office on 13 28 66.
- Speak to your accountant, solicitor, or tax adviser.
- Contact your relevant state office for forms to cancel your payroll tax registration.
This content is supplied to Flying Solo via business.gov.au,
the Australian Government's principal website for business information and resources.
