Black economy crackdown: 8 million ABN holders face fee slug

Up to 7.7 million individuals who hold Australian Business Numbers could be slugged with renewal fees as part of federal government reforms to tackle the black economy.

Unpaid super given amnesty treatment for SMEs

Revenue and Financial Services Minister Kelly O’Dwyer will release a consultation paper on Friday to guide a revamp of the 20-year old ABN system. An ABN is unique identifier that allows the holder to run a business.

Read the full article at the Sydney Morning Herald.

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