February 6, 2023

Why do I need a Tax File Number?

You need a Tax File Number as soon as you can acquire one if you are opening an Australian bank account or are earning money in this country. When starting a new job in Australia, your employer will provide you with a Tax File Number declaration form. This form will be returned to the ATO. You can even check how much your employer will take from your salary on the ATO website here https://www.ato.gov.au/Calculators-and-tools/Tax-withheld-calculator/

Tips from the True Blue Studies team –

Do this as soon as you arrive in Australia! This will save you a lot of stress.