How to file tax extensions?

I have a few questions about tax file numbers and tax?

  • 1. how can a student obtain a tax file number? 2. why do taxpayers need a tax file number? 3. are tax file numbers compulsory? 4. if an employee does not have a tax file number, what percent of tax can the employer take out of the employee's pay? 5. name five organisations that are allowed to ask for your tax file number 6. can you apply for newstart without a tax file number? 7. can two people have the same tax file number? explain. 8. for how long does a tax file number belong to a particular individual? 9. by what date must people lodge a tax return? 10. can a tax return be completed and lodged online? 11. which australians citizens are exempt from paying tax? 12. do you need to have an ABN before getting a tax refund? 13. what is the baby bonus? how is it? why is it paid? who recives that payment? if you could answer all of these questions or even just a few i would be super deuper greatful. THANKS YOUUU <33

  • Answer:

    1.http://www.ato.gov.au/individuals/content.asp?doc=/content/4716.htm&pc=001/002/001/009/002&mnu=42807&mfp=001/002&st=&cy=1 2+3: tax file numbers (TFNs)are issued to individuals and organisations to help the ATO administer tax and other government systems. You don't have to have one, but if you don't, you may have more tax withheld from your wages than necessary and be unable to receive some government benefits. 4.your employer must take 46.5% of your wages in tax if you do not have a tfn 5. the ATO your bank or other financial institution Centrelink your university your superannuation fund. 6.Centrelink will generally not pay you an allowance such as - Youth Allowance, Newstart or Austudy if you do not have a tfn 7.No, everyone has a different tfn 8.Your TFN is yours for life, even if you change jobs, move interstate or change your name. If you leave the country and later come back to Australia, you still use the same TFN. 9.You have from 1 July to 31 October each year to lodge your tax return. 10.Yes, go on the ATO website and download e-tax 11. 12.No 13.The Baby Bonus is a government payment to parents of a newborn baby or adopted child to assist with the costs of childrearing. .Baby Bonus may be paid to families following the birth (including stillbirth) or adoption of a child who is born or enters your care on or after 1 January 2009, if: * you are eligible for Family Tax Benefit for the child (disregarding the FTB income test) within 26 weeks of the child's birth or adopted child aged under 16 years being entrusted to your care, or * if you are claiming for a child other than your own, you started caring for the child within 26 weeks of the child's birth and you are likely to continue caring for the child for at least 26 weeks, and * you have care of the child for at least 35% of the time or more, and * you meet the residence requirements, and * you meet the Baby Bonus income test, and * you make your claim within 52 weeks of the child's birth or adopted child coming into your care.

rodenburger xD at Yahoo! Answers Visit the source

Was this solution helpful to you?

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.