IanChait
23 days agoUltimate Cover User
Changing the ABN
Hi
AccountRight
Business is restructuring and will have a new ABN from 1/7/25.
Will the business be able to process payroll in the new year but not report for STP, then when 2025 is finalised, change the ABN, re-register for STP and report the unreported payruns?
Thanks
Hi IanChait,
Yep, you can start processing payroll under the new ABN from 1 July 2025 without jumping into STP reporting right away, but there’s a little checklist to follow first! Make sure you’ve wrapped up and finalized all STP reporting for 2024/25 with the ATO.In the meantime, check out these super handy links — they break it down really well:
ABN Changed – STP Reporting Issue
Changing ABN – What Happens to STP?
How to Update Your ABN for STP in MYOB
Regards,
Earl