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.