Self-Employment Assistance program - Small Business Coaching and Self-Employment Allowance. If I cancel my ABN is there any tax implications? Would this change if I do not have an active ABN? i.e. Do I need to have full tax deducted?
Hi @kazlev
If you need more information about your eligibility for the allowance, you will need to speak with the Department of Employment and Workplace Relations.
We can give you some general information. If you cancel your ABN and continue to operate a business your clients will be required to withhold tax at the highest rate on all of your sales over $75.
6 Feb 2026 · 4 min read time
24 Aug 2025 · 3 min read time
15 Apr 2026 · 3 min read time
31 views
1 replies