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Ahti(Initiate)Initiate
31 July 2024

Hi Everyone,

I recently registered a PTY LTD company and have received the company number. I am the sole director and 100% shareholder. I currently hold a personal ABN and TFN and did not see an option to indicate this during the company formation process. My application for a company ABN was unsuccessful, and the rejection notice advised me to appeal or contact the ABR.

Could you please clarify if my personal ABN and TFN can be used for my PTY LTD, or is a new ABN or TFN required for the company? Additionally, could you provide an ABR email address where I can get a quick response, as I was directed to the appeal page when I called?

Thank you for your assistance.


@GregGrit @Bruce4Tax @Taxduck @macfanboy

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Bruce4Tax(Taxicorn)Taxicorn
1 Aug 2024

My application for a company ABN was unsuccessful, and the rejection notice advised me to appeal or contact the ABR.


You will not get a company ABN if you don't provide your own TFN as director.


Could you please clarify if my personal ABN and TFN can be used for my PTY LTD,


No


or is a new ABN or TFN required for the company?


Yes


Best to go to a local tax agent if you don't know what to do.





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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
1 Aug 2024

My application for a company ABN was unsuccessful, and the rejection notice advised me to appeal or contact the ABR.


You will not get a company ABN if you don't provide your own TFN as director.


Could you please clarify if my personal ABN and TFN can be used for my PTY LTD,


No


or is a new ABN or TFN required for the company?


Yes


Best to go to a local tax agent if you don't know what to do.





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