Hi all, I have a company and Iām wanting to register another business name using the same ABN. My question is does the new business name need its own TFN or will I use the same TFN as the company and do all the tax returns through the company?
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Hi @Jacobk,
You can have more than 1 business name for your company. The entity name will remain the same, but the business names will be visible on the ABN look-up.
You would use the same TFN and lodge the one tax return for all of the business's income/expenses for that year. That means if you have multiple business's; you include all of them in the one return. š
All replies
Hi @Jacobk,
You can have more than 1 business name for your company. The entity name will remain the same, but the business names will be visible on the ABN look-up.
You would use the same TFN and lodge the one tax return for all of the business's income/expenses for that year. That means if you have multiple business's; you include all of them in the one return. š