Updating tax file declaration form

Leanne_7663246
Leanne_7663246 Member Posts: 148 Reckoner Reckoner

Hi,

Hoping someone can help. I have an employee who was claiming the tax free threshold. They have since got an additional full time job so they wont be claiming the tax free threshold thru us. I have updated in reckon so the code is 1-No TFT. On doing this I noticed a new TFN declaration box. If I tick lodge TFN declaration via reckon gov connect will this be the same as sending a manual Tax File declaration to the ATO and the ATO will receive the updated the details. If so do I wait until my next pay run when I am uploading to STP and that is when the information is sent to ATO. Is there a record to show it has been received correctly.


thanks in advance


Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,780 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    edited May 2021

    Hi Leanne

    That’s correct ☺️

    Both RA & RAH now contain this electronic declaration feature. Just ensure you tick the checkbox to include it, enter the date the employee signed the form & it will flow through in their next STP submission.

    There’s no confirmation as it’s automatic.

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Leanne_7663246
    Leanne_7663246 Member Posts: 148 Reckoner Reckoner

    Thanks Shaz. I was hoping that was the case. Do you need to keep that box ticked or after you have uploaded to stp do you untick it?

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,780 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    The tick includes it in every STP submission, so either is fine  (I would leave it ticked so you know which ones have been lodged via STP!)

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Leanne_7663246
    Leanne_7663246 Member Posts: 148 Reckoner Reckoner

    Thanks for that Shaz