Oct 29, 2024
545
The 28 Day Period has ended Alert (Modal) is displayed when editing a Payee using Exemption TFN 111-111-111 where the 28 day period has ended.
Once Ok is selected, the Payees Tax File Number is automatically changed to 000-000-000.
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.