Any individual who wants to work in Australia must have a TFN- Tax File Number. A Tax File Number is necessary for declaring the income and for paying taxes applicable on that income. Those who want to work as self-employed individuals must have an ABN- Australia Business Number.
The process for applying for TFN and ABN is quite easy and straightforward process. However, it is important to ensure that you read through all the provided details and provide accurate information about yourself as well as the necessary documents in order to get your tax file number or your Australia business number. Individuals will only be able to start working in Australia once they have been provided a TFN or ABN.
Our qualified accountant can assist you with the application and also with filling your tax returns (to claim the tax money you paid back) at the end of the financial year.
For more information and to apply for TFN online, please visit www.ato.gov.au.
For more information and to apply for ABN online, please visit www.abr.gov.au.