1. Cannot cancel ABN before all government debt been paid off (e.g: super, ASIC fee, ATO fee)
  2. Remind client not to cancel bank account
  3. Lodge all outstanding BAS
  4. Cancel GST and PAYG
  5. Cancel Worker’s Compensation
  6. Obtain sale/purchase contract for CGT purpose
  7. Prepare final TR
  8. Prepare PAYG summary if applicable
  9. Check any outstanding debt:
    • Super
    • Income tax debt
    • GST payable
    • Request client to make payment for all the outstanding debt before cancel ABN
  10. Cancel ABN