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Abn Cancellation Form PDF

Abn Cancellation Form PDF

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[Music] [Applause] hello everyone back here from when is accounting finally an important change with a BIA numbers that is applying from the first would you like 2019 Jude Abyan must be active if you want to pay with a BA so what is this new change so what happened is if the person that is paying you find out that your ABN is not active that person won't be entitled to claim a deduction for that payment and they we had the obligation to we call 47% of you payment so it's very vital that you ensure that you had an active ABA so who this change affect you you are sending invoices to campaign obviously you have to handle enact a be inactive so you can receive your payment and if you are an employer our company pays of contractors you have to ensure that you know that person is active so you can claim that as an expense and your tax return so what is the one recommendation we are living here the website what you will go and check is your a B and it's active and please ensure you do this be

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