Legacies
Australia is a multicultural country and laced with natural splendor. If you are coming first time in Australia as a student, visitor or migrant, here is some information about Australia which we tried to jot down.
Get your legacy done:
Very first thing in Australia is being able to earn money by work. For that you MUST need to have a valid TFN and/or ABN number. If you get a job and your tax gets deducted, you need to apply TFN only. But if you intend to do a business or a job on contract, you MUST have ABN too.
A TFN is a unique nine-digit number that is yours for life no matter if you change jobs, work interstate or move overseas; it’s always yours. Everyone who works in Australia is required to have a TFN.
if you are going to earn money in Australia, you need to get a TFN. It is just like PAN (Permanent Account Number) in India/Nepal/Bangladesh.
Australian Business Number (ABN) is a unique identifier 11-digit number that is used to recognise your business or organisation to the government and community issued by the Australian Business Register (ABR) which is operated by the Australian Taxation Office (ATO). If you are running your own business like Driving Uber, doing job on Contracting. you would need to apply this.
The Australian Taxation Office ( ATO) is an Australian statutory agency and the principal revenue collection body for the Australian Government. The ATO has responsibility for administering the Australian federal taxation system, superannuation legislation, and other associated matters.