Friday, July 13, 2012

Applying for a tax number

What is a Tax file number? It is a number that can be used for tax purposes. It is an individual number.

How to apply for one?
This is easy, but a legal requirement for all students.
You would need it for the:
           * Bank- to avoid being taxed at a higher rate
           * University- to help pay the fees especially for Higher Education
           * Work- so that you won't have to pay tax until your income reaches $6000
           * And to receive income in Australia when you work

To find out more and to apply visit: www.ato.gov.au .You can apple online for this.

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