Hi all
I have set up a family trust with a corporate trustee and have applied for an ABN.
ato has sent back an Australian business register with an ABN but it is addressed to " the trustee for ABC trust" and the Business name: " the trustee for ABC trust"
Is this correct? There is no mention of the corporate trustee.
Have I registered it incorrectly?
Should the business name be " XYZ pty ltd ATF for ABC trust" or should it be generic like " the trustee for ABC trust" ?
Thanks
I have set up a family trust with a corporate trustee and have applied for an ABN.
ato has sent back an Australian business register with an ABN but it is addressed to " the trustee for ABC trust" and the Business name: " the trustee for ABC trust"
Is this correct? There is no mention of the corporate trustee.
Have I registered it incorrectly?
Should the business name be " XYZ pty ltd ATF for ABC trust" or should it be generic like " the trustee for ABC trust" ?
Thanks