Is there any automated process to update 111 111 111 Tax File Numbers after 28 Days To 000 000 000?
Last updated on JULY 14, 2016
Applies to:Oracle HRMS (Australia) - Version 12.0.6 and later
Information in this document applies to any platform.
The Australian Taxation Office (ATO) rules are that if an employee has not made a Tax File Number (TFN) declaration within 28 days, the TFN should be set to 111 111 111. After the 28 days the TFN should be set to 000 000 000.
Is there an automated process that will update the TFN after the 28 days, or is this a manual process?
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