Oct 21, 2024
1222
The 28 Day Period has ended Alert (Modal) is displayed when the Status Icon is selected for Payee using Exemption TFN 111-111-111 where the 28 day period has ended.
To resolve this alert, enter the Payee's Tax File Number as supplied by the ATO.
If the Payee has not applied for a Tax File Number, they must do so now. If you do not enter a TFN, Exemption TFN 000-000-000 will be used. Depending on their residency status, the payee will be taxed 45% or 47%.
If Exemption TFN 000-000-000 is used, the Tax Treatment may also be changed based on the Payees Resident for Taxation Purposes setting. If the Payee is
- an Australian Resident
- Tax Treatment is changed to No TFN. Until a valid Tax File Number is entered, any payments made to the Payee will be taxed per Schedule 1, Scale 4.
- a Foreign Resident
- If the Tax Treatment was Foreign Resident, this is changed to No TFN. Until a valid Tax File Number is entered, any payments made to the Payee will be taxed per Schedule 1, Scale 4.
- If the Tax Treatment was Seasonal Worker Programme, this remains as previously set per the ATO's requirements.
- a Working Holiday Maker
- If the Tax Treatment was Working Holiday Maker, this remains as previously set per the ATO's requirements.