Personal service income ABN has no income for this finanical year

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 · Accepted Answer

TonyATO · Answer

Hi there If you didn't earn any PSI in 2023, you can simply ignore the PSI questions in your tax return. As for your ABN, you need to cancel it within 28 days (https://www.abr.gov.au/business-super-funds-charities/updating-or-cancelling-your-abn) if you have stopped using it. You can apply to reactivate it in the future if you start operating again.

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