After applying for a Tax File Number (TFN), waiting can be a frustrating experience. Whether you're an Australian resident, a newcomer, or a temporary visa holder, here's what to do while you wait.
Can You Work While Waiting for Your TFN?
Yes, you can start working while waiting for your TFN, although it's essential to inform your employer that your TFN is pending. According to the Australian Taxation Office, employers can allow you to start work without a TFN, but you should provide it within 28 days of starting.
What If Your TFN Doesn't Arrive in 28 Days?
If your TFN doesn't arrive within this timeframe, your employer may have to withhold tax at the highest rate, so follow up promptly. For more on what to do if your TFN is delayed, check our article on TFN Delayed: Steps to Take After 28 Days.
Check Your Application Status
Monitoring your application status can give peace of mind. You can track your TFN application through the postal service if you applied by mail. Unfortunately, there's no online tracking for individual TFN applications through the ATO.
Keep Your Documents Handy
Ensure all application-related documents are kept safe. You'll need these if you need to follow up with the ATO or reapply due to an error.
Be Prepared for Employment
Use this waiting period to prepare for your job. Understand your tax obligations and how to fill out a Tax File Number Declaration. This form is essential once your TFN arrives.
Watch Out for Scams
Be vigilant about scams targeting TFN applicants. Scammers may pretend to be from the ATO and request your personal information. Always verify any communication with the ATO directly through their official website.
Consider Temporary Solutions
If delayed, consider seeking an alternative income arrangement, like freelance work, where TFN requirements may differ.
Final Thought
Patience and preparation are key while waiting for your TFN. Stay informed and ready with TFN Help for further assistance or explore our TFN in Australia page for more general information.