Home – New Forums Starting your journey Running 2 businesses – Partnership & Sole Trader

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  • #990659
    chris010
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    Hi All,

    I am currently in a partnership business and am looking to start a separate Sole Trader business as well. Can anyone give me some advice on what to do regarding ABN?

    For example when registering the new business name, can I use the existing ABN used by the partnership? Or am I better off registering for a new ABN altogether?

    Thanks,
    Chris

    #1178046
    NickKaro
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    • Total posts: 226
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    You should obtain a separate ABN. As a sole trader you can use the same TFN that you have been using personally.

    Regards
    Nick

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