What is an ABN?
An Australian Business Number or ABN is a unique 11 digit number that identifies your business to the government and community.
You can use an ABN to:
- identify your business to others when ordering and invoicing
- avoid pay as you go (PAYG) tax on payments you get
- claim goods and services tax (GST) credits
- claim energy grants credits
- get an Australian domain name
Do I need an ABN?
You deliver your services directly to the clients so you're employed by the client as a self-employed freelancer / independent contractor for the duration of the treatment - just like you would do to your own private clients.
You work under your own business number (e.g. ABN) and are solely responsible for your own business expenses, your tax obligations, and entitlements & benefits such as annual leave and superannuation.
How to apply for an ABN?
You can apply for an ABN for free and the registration process normally takes only 5 minutes where you will be asked questions to determine if you are eligible to apply for an ABN. Once you determine that you are eligible, you will need to make some declarations, and provide identifying information. You will need to provide:
- Your business’ details ( Please note: that it is important to consider what entity you will be applying for the ABN, and to complete the application under the correct entity’s name); and
- proof of identity information.
If your application is successful, you will receive your ABN immediately, and your details will be added to the Australian Business Register. You will then receive a confirmation within 14 days which you can also check by visiting ABN Lookup to see if it's live.