ABN regulations finalised

Regulations to remake and improve the operation of the A New Tax System (Australian Business Number) Regulations 1999 (existing regulations) before they sunset have been finalised.

The A New Tax System (Australian Business Number) Regulations 2020 remake and improve the existing regulations by repealing redundant provisions, simplifying language and restructuring provisions for ease of navigation. The changes do not affect the substantive meaning or operation of the provisions.

The regulations commence on 1 April 2021.