TFN Declaration
Hi all, I was just after some clarification on the TFN Declaration for employee onboarding. I understand that STP Phase 2 reports directly to the ATO so the employer no longer needs to lodge ...
Forum Discussion
Hi Kel4,
Thank you so much for your post and welcome to the Community Forum! I'm sorry to hear that you are having issues with FN (Tax File Number) Declaration. I really appreciate your patience and understanding about this issue, and I do apologize for the delayed response. It's important to ensure compliance with the ATO's record-keeping requirements when it comes to tax declarations. Based on the information you provided, the ATO website states that the employee still needs to provide a completed TFN (Tax File Number) Declaration (NAT 3092) in addition to any other declarations.
In this case, the MYOB declaration alone may not be sufficient to meet ATO requirements. The TFN Declaration is a standard form provided by the ATO, and it is a legal requirement for both employers and employees in Australia. While MYOB's declaration may be part of your internal onboarding process, it's essential to ensure that you also collect the official TFN Declaration form from your employees.
To remain compliant with ATO regulations and to meet record-keeping requirements, you should continue to request that employees complete and provide the NAT 3092 Tax File Number Declaration form in addition to any internal documentation or declarations used by your organization, such as the MYOB declaration. This will help ensure that you have the necessary documentation for tax purposes.
Please do let us know how you go on this.
Regards,
Earl
