After moving to Australia, it is imperative that you will earn money for your living. And when you earn money, you will also have to pay tax on it.The Australian Taxation Office (ATO) identifies each taxpayer with a unique ID and that ID is a Tax File Number commonly known as TFN. It is absolutely necessary that you must get a TFN as soon as you come to Australia. Here is everything that you need to know about TFN, how to apply for a TFN, where you need to provide your TFN etc.
Know More About Tax File Number (TFN) Before Applying For It
A Tax File Number (TFN) is a unique identifier issued by theAustralian Taxation Office(ATO) to each taxpaying entity — an individual, company,superannuation fund, partnership, ortrust. (Source Wikipedia)
Your TFN becomes your identifier for life for everything related to taxes.
Your TFN does not change in case of change of name, job change, or when you move interstate or go overseas.
The TFN is very similar to the AmericanSocial Security Numberor Permanent Account Number (PAN) in India.
Check Your Eligibility For Getting A TFN
You could start working immediately or you might take a break, but you still need to apply for a TFN if you fall into any of the following categories –
- You are a permanent migrant – which means you hold a PR visa
- Your visa gives you right to work – for working or bridging visa holders
- You are an overseas student.
- Your visa allows you to stay (and work) in Australia indefinitely
- You are a citizen of New Zealand and you have been granted a visa on arrival.
How to apply for TFN
You can apply for TFN online or you can send a completed application to the Australian Taxation Office.
Applying Online –
It is easy and recommended to apply for TFN online.
Fill and submit the online application form.
Click here to Apply Online For TFN.
you’ll receive a confirmation and acknowledgment.
You’ll receive your TFN within 28 days by post.
Alternatively, you can visit your nearby Australia Post retail store;
confirm your identity and apply for TFN online from there.
Applying Directly At ATO –
You have three options to get the TFN application form –
1. Order it online (NAT 1432) from here
2. Call on1300 720 092 (This number is available 24*7)
3. Visit your nearest CentreLink office
Fill this form and send it with certified copies of identity documents to ATO.
You’ll receive TFN within 28 days from your application received.
Click here to find the nearest ATO from your location.
This is all that you need to know about TFN.
If you have any more queries your Chalo Australia Buddy is just a click away.