A TFN is a number issued by the Australian Taxation Office to individuals, partnerships, trusts or companies. Each taxpayer has unique TFN which must be declared when you:
- loge a tax return,
- apply for certain income assistance or support payments,
- make or receive payments under Prescribed or Reportable Payment System,
- start or change jobs,
- have savings accounts or investments that earn income, or
- study at a tertiary institution under the HECS Scheme.