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Kaia(Initiate)Initiate
2 June 2023

Hello,

Can you sell a business and all its equipment, the clientele, basically the goodwill then keep the same ABN and trade into another business and utilise previous business losses?

Thanks

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416 views
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Most helpful reply

AlliATO(Community Support)Community Support
6 June 2023

Hi Kaia


Yes, you certainly can keep your ABN and start a new business under it, along with utilising the previous losses. 

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Can you sell a business and keep the same ABN to trade on another business? | ATO Community