Why you need TFN

Why you need a TFN

Most individuals can apply for a TFN. Having a TFN will help if you:

lodge a tax return
ask us about your tax affairs
apply for income assistance or support payments, such as pensions or benefits from either Department of Human Services (Centrelink) or the Department of Veterans’ Affairs (DVA)
claim family tax benefit (FTB) – your FTB tax claim cannot be processed without one
make or receive payments under the pay as you go (PAYG) withholding system
start work or change jobs
submit a Tax file number declaration (NAT 3092) or a Withholding declaration (NAT 3093) form
have savings accounts or investments that earn income
receive payments under the Higher Education Loan Program
join a super fund
want to keep track of your super
want to receive a super co-contribution (if you are eligible)
have an active Child Support Agency case.

If you don’t have a TFN you could have more tax withheld from your pay, or be unable to receive the government benefits you are entitled to.

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