Tax file number declaration form
Dec 13th 2010, 10:44 am
#1
BE Forum Addict
Thread Starter
Joined: May 2006
Location: In the tree across the road, watching you with binoculars.
Posts: 1,556
Tax file number declaration form
Hi all,
My other half has just started some gainful part-time employment.
She has to complete the aforementioned form and we aren't sure what to put in reply to the question (9) which asks,
"Do you want to claim family tax benefit or the Senior Australians tax offset by reducing the amount withheld from payments made to you ?"
We aren't seniors yet and we have a school-aged child, so I presume we tick 'yes'. Oh, we are currently on a 457 visa by the way, so are Aus residents for tax purposes.
I'd like to find out tonight if anyone knows. Failing that she'll have to call the ATO tomorrow.
Anyone know ?
My other half has just started some gainful part-time employment.
She has to complete the aforementioned form and we aren't sure what to put in reply to the question (9) which asks,
"Do you want to claim family tax benefit or the Senior Australians tax offset by reducing the amount withheld from payments made to you ?"
We aren't seniors yet and we have a school-aged child, so I presume we tick 'yes'. Oh, we are currently on a 457 visa by the way, so are Aus residents for tax purposes.
I'd like to find out tonight if anyone knows. Failing that she'll have to call the ATO tomorrow.
Anyone know ?
Dec 13th 2010, 11:05 am
#2
Guest
Posts: n/a
Re: Tax file number declaration form
Sometimes it is safer to Answer ‘NO’ and claim your entitlement as a lump sum at the end of the income year.
If you answer 'YES' you will need to calculate your estimated entitlements and if you get it wrong, you either get the difference later, or pay them back some later.
A lump sum at the end of the year can be nice
Most people actually claim FTB via Centrelink and not via the tax office anyway.
If you answer 'YES' you will need to calculate your estimated entitlements and if you get it wrong, you either get the difference later, or pay them back some later.
A lump sum at the end of the year can be nice
Most people actually claim FTB via Centrelink and not via the tax office anyway.
Dec 13th 2010, 1:06 pm
#3
BE Forum Addict
Thread Starter
Joined: May 2006
Location: In the tree across the road, watching you with binoculars.
Posts: 1,556
Re: Tax file number declaration form
Sometimes it is safer to Answer ‘NO’ and claim your entitlement as a lump sum at the end of the income year.
If you answer 'YES' you will need to calculate your estimated entitlements and if you get it wrong, you either get the difference later, or pay them back some later.
A lump sum at the end of the year can be nice
Most people actually claim FTB via Centrelink and not via the tax office anyway.
If you answer 'YES' you will need to calculate your estimated entitlements and if you get it wrong, you either get the difference later, or pay them back some later.
A lump sum at the end of the year can be nice
Most people actually claim FTB via Centrelink and not via the tax office anyway.
Okay, thanks. I think we'll have to read up on it some more. "No" it is, then.
Dec 14th 2010, 5:46 am
#4
BE Forum Addict
Joined: Mar 2009
Posts: 1,289
Re: Tax file number declaration form
Hi all,
My other half has just started some gainful part-time employment.
She has to complete the aforementioned form and we aren't sure what to put in reply to the question (9) which asks,
"Do you want to claim family tax benefit or the Senior Australians tax offset by reducing the amount withheld from payments made to you ?"
We aren't seniors yet and we have a school-aged child, so I presume we tick 'yes'. Oh, we are currently on a 457 visa by the way, so are Aus residents for tax purposes.
I'd like to find out tonight if anyone knows. Failing that she'll have to call the ATO tomorrow.
Anyone know ?
My other half has just started some gainful part-time employment.
She has to complete the aforementioned form and we aren't sure what to put in reply to the question (9) which asks,
"Do you want to claim family tax benefit or the Senior Australians tax offset by reducing the amount withheld from payments made to you ?"
We aren't seniors yet and we have a school-aged child, so I presume we tick 'yes'. Oh, we are currently on a 457 visa by the way, so are Aus residents for tax purposes.
I'd like to find out tonight if anyone knows. Failing that she'll have to call the ATO tomorrow.
Anyone know ?
