Exiting a business
You must tell the following agencies if you have ceased trading:
- the Australian Taxation Office to cancel your ABN, GST, PAYG and other tax registrations. You should also update your activity statements and arrange a final lodgment
- your local State Revenue Office to cancel your payroll tax registration
- your local government or licensing authority to cancel any business licences or permits. Find your local council in the directory of government and business associations.
For more information, visit the exiting a business page.
There are a number of requirements that need to be met before you can do this.
For more detailed advice and application forms, visit the Australian Securities and Investments Commission website or contact them on 1300 300 630.