Your ASF Guide to ABNs
Your ASF Guide to ABNs
November 24, 2023
An Australian Business Number (ABN) is a unique number that identifies your organisation to the Australian Tax Office (ATO) and other government departments and agencies.
It is not compulsory for a not-for-profit organisation to have an ABN unless it has an annual turnover of $150,000 or more (in which case it is required to register for GST, and must have an ABN to do this). However, even if your organisation is not required to register for GST, it can be helpful to have an ABN.
Organisations commonly choose to register for an ABN so they can:
- Interact with government departments, agencies and authorities,
- Claim GST credits (by voluntarily registering for GST), and
- Deal with businesses more easily (especially for ordering and invoicing purposes)
More information on ABNs, including who is entitled to apply, is set out on the Australian Business Register website.
If you have any further questions about whether your organisation is eligible to sign up with the Australian Sports Foundation, please get in touch with our friendly Fundraising Support Team on 02 5112 0990 or info@asf.org.au
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