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Disolving business

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Hi All


I set up an ABN for a party plan business I was doing last year. Now with the unexpected 3rd child due to arrive soon im not sure I can keep going with this and thinking about cancelling ABN etc.


Does anyone know what risk etc are involved, what happens to any assets if I close it down.


Ill see the accountant but not until after the EOFY so was hoping to get a little insight here. Thanks

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