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TFN - To get or not to get?

TFN - To get or not to get?

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Old Apr 28th 2006, 8:02 am
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Default TFN - To get or not to get?

I'd appreciate any advice on this one.

I'm in Australia as a student and am not working at the moment. This WILL change in time, but as we speak I am in full time study so think I don't need a TFN.

But I do!

I have some funds in a bank account over here which isn't gaining any interest as the bank need ........... guess what? ......

My TFN!

Can I get a TFN without employment can anyone tell me?

Thanks in advance ...
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Old Apr 28th 2006, 8:08 am
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Default Re: TFN - To get or not to get?

yes you can apply for your TFN within a few days of arriving here.

Lynn
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Old Apr 28th 2006, 8:13 am
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Default Re: TFN - To get or not to get?

Originally Posted by Paul&Nic
I'd appreciate any advice on this one.

I'm in Australia as a student and am not working at the moment. This WILL change in time, but as we speak I am in full time study so think I don't need a TFN.

But I do!

I have some funds in a bank account over here which isn't gaining any interest as the bank need ........... guess what? ......

My TFN!

Can I get a TFN without employment can anyone tell me?

Thanks in advance ...
Yes mate just apply online, ours took about 2 weeks to arrive in the post.

As you're probably aware the interest you make will be subject to a 10% withholding tax if you don't inform your bank of your TFN.

What are you studying and where?


Rich
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Old Apr 28th 2006, 8:17 am
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Default Re: TFN - To get or not to get?

Ok cheers

Originally Posted by rossifumi
Yes mate just apply online, ours took about 2 weeks to arrive in the post.

As you're probably aware the interest you make will be subject to a 10% withholding tax if you don't inform your bank of your TFN.

What are you studying and where?


Rich
Oh Rich, you forgot me already! ...

Oh and the bank said I'll get NO interest until I furnish them with the TFN! ...
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Old Apr 28th 2006, 8:18 am
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Default Re: TFN - To get or not to get?

Originally Posted by Paul&Nic
Ok cheers



Oh Rich, you forgot me already! ...

Oh and the bank said I'll get NO interest until I furnish them with the TFN! ...
Mate I hadn't forgotten you just what you were studying.
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Old Apr 28th 2006, 9:43 am
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Default Re: TFN - To get or not to get?

Originally Posted by rossifumi
Mate I hadn't forgotten you just what you were studying.
Ahhh, I C.

Ok, used to be a london cabbie, male, mid thirties, love PC's and all kinds of gadgets, the natural progression is .......................


Hairdressing! ... ...lol

Long story.
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Old Apr 28th 2006, 9:45 am
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Default Re: TFN - To get or not to get?

Originally Posted by Paul&Nic
Ahhh, I C.

Ok, used to be a london cabbie, male, mid thirties, love PC's and all kinds of gadgets, the natural progression is .......................


Hairdressing! ... ...lol

Long story.
Are you enjoying the course Paul?
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Old Apr 28th 2006, 9:48 am
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Default Re: TFN - To get or not to get?

Originally Posted by The A Team
Are you enjoying the course Paul?
The course is fine ... We're both enjoying it now. We had a rough patch in the 2nd week as nothing was coming together but we've settled now and all IS goin well surprisingly ...

20 years since I was at school but AM enjoying it I must admit.
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Old Apr 28th 2006, 9:52 am
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Default Re: TFN - To get or not to get?

Originally Posted by Paul&Nic
The course is fine ... We're both enjoying it now. We had a rough patch in the 2nd week as nothing was coming together but we've settled now and all IS goin well surprisingly ...

20 years since I was at school but AM enjoying it I must admit.
Lynn is a hairdresser. Are you both doing the course, is it in Brisbane?
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Old Apr 28th 2006, 10:23 am
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Default Re: TFN - To get or not to get?

Originally Posted by rossifumi
Lynn is a hairdresser. Are you both doing the course, is it in Brisbane?
Cert III in Wooly wussing at The Gold Coast.

BSOH?
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Old Apr 28th 2006, 10:32 am
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Default Re: TFN - To get or not to get?

I've got a TFN Paul and not employed as yet. You might as well get it now, because you can work 20 hours a week at some point if I remember rightly, so then you can jump right in and not get clobbered for higher tax.
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Old Apr 28th 2006, 10:37 am
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Default Re: TFN - To get or not to get?

Originally Posted by Paul&Nic
Ahhh, I C.

Ok, used to be a london cabbie, male, mid thirties, love PC's and all kinds of gadgets, the natural progression is .......................


Hairdressing! ... ...lol

Long story.
LOL indeed a natural progression

Hi Paul glad eveythings going ok is that offer of laying in your garden still on?? we will be there 5th June to 12th
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Old Apr 28th 2006, 11:10 am
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Default Re: TFN - To get or not to get?

Originally Posted by moneypen20
I've got a TFN Paul and not employed as yet. You might as well get it now, because you can work 20 hours a week at some point if I remember rightly, so then you can jump right in and not get clobbered for higher tax.
Cheers Penny, yeah I'm gonna sort one as our poor diminishing little pile is gaining no interest as we speak! ...

We CAN work 20 hours now as far as Immigration is concerned, but studying Mon - Fri, 9 - 4.30 it's gonna be hard when living to the 'I wanna relax at the weekend rule' ...

Time will SOON come tho at Coles prices ...

Originally Posted by possoms
LOL indeed a natural progression

Hi Paul glad eveythings going ok is that offer of laying in your garden still on?? we will be there 5th June to 12th
Oh of course it is! ... altho I hope you don't mind sharing with the odd Cane Toad ?????
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Old Apr 28th 2006, 11:12 am
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Default Re: TFN - To get or not to get?

Originally Posted by possoms
LOL indeed a natural progression

Hi Paul glad eveythings going ok is that offer of laying in your garden still on?? we will be there 5th June to 12th
What!!!!! Slumming it with a filthy tax dodging student!!!

Get a wash FFS.

Afternoon Kay.
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Old Apr 28th 2006, 11:53 am
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Default Re: TFN - To get or not to get?

Originally Posted by rossifumi
tax dodging


Hey I'm NOT getting my Interest on my account, I'm not avoiding anything thank you very much! ...
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