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iampeter23(Enthusiast)Enthusiast
19 Apr 2024

Dear members,


I have a question about applying for TFN and filing tax return.

Let’s say I will be arriving in Australia in Mid-June 2024 and will apply for TFN. I know that it may take up to 28 days to process the application. If I receive the TFN in July 2024, which begins the new financial year for 2024-2025.

My question is, can I still file a tax return for 2023-2024 with zero taxable income (in which I only stay for 2 weeks from Mid-June 2024) even though I receive the TFN in the next financial year? I need to obtain a notice of assessment for 2023 to 2024.


Appreciate your advice. Thank you so much.

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722 views
6 replies

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Bruce4Tax(Taxicorn)Taxicorn
19 Apr 2024

My question is, can I still file a tax return for 2023-2024 with zero taxable income (in which I only stay for 2 weeks from Mid-June 2024) even though I receive the TFN in the next financial year?


Yes


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Bruce4Tax(Taxicorn)Taxicorn
19 Apr 2024

My question is, can I still file a tax return for 2023-2024 with zero taxable income (in which I only stay for 2 weeks from Mid-June 2024) even though I receive the TFN in the next financial year?


Yes


iampeter23(Enthusiast)Enthusiast
19 Apr 2024

Thanks for your reply. I still have two follow-up questions if you don’t mind


I would like to know the fact that I can / should file a tax return for FY 2023-2024 is because of the 2 weeks stay from Mid-June 2024 or simply because I apply for TFN before the end of FY ?


In other words, even if I apply for TFN a few months after arriving (September 2024 for example), I can still get a notice of assessment with zero taxable income for FY 23-24 because I arrive in Australia in Mid-June 2024 (2 weeks before the next FY begins) ?


Thank you so much.

Athens18(Newbie)Newbie
17 Sept 2024

Hi could you share if this was possible? We have done the same too. Our TFN will arrive in some weeks but wanted to file for 2023-2024 tax year

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Applying for TFN near the end of financial year and file a tax return | ATO Community