TFN 28 Days Adjustment

Oracle Fusion Human Capital Management, Australia, provides the new Australian Manage tax file number (TFN) 28 Day Adjustment task, which lists employees that haven't provided their TFN to the employer 28 days after hiring. This list includes 28-day expiry date, current tax file number,

Use the Manage 28 Days TFN Adjustment task from the Payroll Calculations or Administration work area to adjust the TFN. The TFN 28 Days Adjustment process depends on these factors.

Special TFN

When an employee commences work with a new employer, as part of the hiring process, the employee must complete the Tax File Number (TFN) declaration form and store this information in the employees tax calculation card. In the absence of a valid TFN for an employee, the TFN defaults to 111111111.

For all employees whose default TFN is 111111111, a 28-day grace period is given to provide this information. If the employee fails to provide this information within the 28-day grace period, then you can change the TFN to 000000000. The ATO provides other special TFNs for specific employee situations listed in this table.

TFN

Employee Status

Description

000000000

TFN Not Supplied

Default TFN for employees who haven't provided a TFN, or who have allowed the 28-day grace period to expire.

111111111

TFN Required

Interim TFN for employees who have applied for a TFN, but haven't yet received it. The employer may change this to 000000000 if it crosses the 28-day grace period.

333333333

TFN Not Required

TFN for exempted employees. This includes:

  • Employees under 18 years of age

  • Employees earning less than the statutory threshold

This applies to employees whose average earnings (weekly, fortnightly, and monthly) are equal or less than the government-specified legislative amount.

444444444

TFN Not Required

This TFN is for pensioners, including recipients of:

  • Social security

  • TFN-exempt service pension

28 Days Expiry Date: This is the expiry date of the employee's 28-day grace period for providing a valid TFN to the employer. This value is applicable only to employees having a TFN of 111111111. This value remains blank for employees with a TFN of 333333333 or 444444444.

Employee type: The employee type is chosen based on whether an exemption from TFN can be provided. Though the default value is TFN Required, the parameter has these options:

Employee Type

Employee Code

TFN Required

Lists employees with TFN 111111111

TFN Not Required

Lists employees with TFN 333333333 and 444444444

TFN Not Supplied

Lists employees with TFN 000000000

All

Lists all employees with codes mentioned earlier.

Average Weekly Earning: The average earning is the total taxable earnings of an employee for a week. It is used for an employee having a TFN of 333333333, and is blank for all other employee types.