Australian Business Number:

The Australian Business Number (ABN) is a single identifier for all business dealings with the tax office and for dealings with other government departments and agencies. It is beneficial to have an ABN to:

–      help you claim goods and services tax (GST) credits

–      let you claim fuel tax credits you qualify for

–      avoid, if not quoted to businesses you deal with, amounts being withheld from payments to you under pay as you go (PAYG) withholding

–      allow businesses to easily confirm your details for ordering and invoicing.

–      get an AUSkey to transact online with government agencies

–      be endorsed as a gift deductible recipient or an income tax exempt charity.