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Use of Tax File Number 111111111

KylieD1799

If an employee is waiting for their TFN & has submitted their Tax File Declaration, I understand you can use TFN # 111111111.

In Myob Account Right, what option do I select in the box underneath that titled "Tax Table".

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Accepted answers

gavin12345

Hi @KylieD1799

Or you could look at the TFN Declaration the new employee completed. In addition to providing the TFN, the purpose of the TFN Declaration is for the employer to be able to determine which tax table to use. Resident, non-resident, claiming Tax free threshold, not claiming, has a student loan, does not have etc.

If the employee is claiming the tax free threshold, then the most likely tax table is Tax Free Threshold.

Regards

Gavin

All comments

gavin12345

Hi @KylieD1799

If the employee is claiming the tax free threshold, then the most likely tax table is Tax Free Threshold.

Regards

Gavin

Doreen_P

Hi, @KylieD1799

Thanks for your post.

When selecting which tax table to use, we highly recommend speaking with your accountant, as they can provide you with more information regarding your concern.

Should you require additional assistance, please do not hesitate to contact us. Feel free to start a new post in the future.

Best regards,

Doreen