If your tax return doesn’t show any business activity, or if there’s no signs of it in other locations and third-party information, then your business may be flagged for cancellation.
In this case, you’ll be contacted via either email, letter, or SMS about the cancellation. However, if you still require your ABN, you will be given information on what you need to do.
For further information on the situation, check out the ATO’s post
Reach out to us for any further advice!
All information was sourced from ato.gov.au
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