ABN

Question

Hi @Genrev@"Genreve_S"

Thank you for getting back to me, I figured that would be how it should be done. I will check with accountant anyway. Just another question he contracted for a short time using our Partnership ABN at Anytime Fitness how and where would that income be allocated.

Thanks

Chez

Genreve_S · Accepted Answer

Hi @ChezL,

I’m not in a position to give tax advice, but generally, if he did some transactions under your partnership ABN, you can record it in the partnership MYOB file; anything not under that ABN stays separate. Best to double‑check with your accountant to be safe.

Regards,
Genreve