Hello morning Team,
We would like to move away from sending ATO new starters paper TFN declaration forms TO lodging it online/ electronically. Found some really useful information but still not quite sure whether it contains the entire thing we will need to be doing or if a different more complex way is required.
The link we found is here and it is extremely simple:
Because it is extremely simple to do in employee setting, my question is: is this the only thing we need to do? As in, is this automatically done for the staff and we will not be required to do anything with the submitted paper forms (other than just keeping them in our records)?
Also and equally important, in the same snapshot above, do we need to do anything with our current staff members since it says 'if ticked, the TFN declaration will be added to future exported STP submissions'?
As always, any feedback at all if one has the experience will be greatly appreciated. Thank you very much.
Regards,
Nita