Credit: John Shieldsmith
MetaDescription: Sometimes it seems like tax agencies have numbers for everything, and the ATO is no exception. Find the ATO number you need — from your TFN to your ABN.
As a small business, there are a number of, well, numbers you need to keep track of. You have your phone number, your business address, insurance policy numbers, and you can add Australian Taxation Office file numbers on top of it all. Every number makes up a different part of your business.
Taxes are an annual responsibility for every person and business, and your ATO numbers will play a pivotal role in fulfilling your tax obligations. Whether you’re a permanent migrant or an Australian resident, small business or sole trader, you will have to pay taxes to the Australian government if you do business in Australia. And this is where your ATO tax file numbers come in.
Before diving into ATO tax file numbers and their role in your business, let’s take a look at what ATO numbers are. Then, we’ll cover specific numbers and their role in properly filing your taxes.