do you want to claim the tax-free threshold from this payer ?

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do you want to claim the tax-free threshold from this payer ?

Here are some links that might be useful to you:

https://www.canstar.com.au/superannuation/tax-free-threshold

https://www.canstar.com.au/superannuation/tax-free-threshold
What happens if you don’t claim the tax-free threshold? – Canstar
12 avr. 2022Generally not – standard practice is to only claim the tax-free threshold on one job at a time. The ATO says that in the case of people with two or more income sources in the same financial year, we generally require that you only claim the tax-free threshold from the payer who usually pays the highest salary or wage.

https://www.reddit.com/r/AusFinance/comments/6ctgsn/what_does_do_you_want_to_claim_the_taxfree

https://www.reddit.com/r/AusFinance/comments/6ctgsn/what_does_do_you_want_to_claim_the_taxfree
What does Do you want to claim the tax-free threshold from this payer …
The tax-free threshold is an amount that you pay no taxes on. I believe it is $18,200. The payer (Coles in this case) takes deductions from your paycheck in order to pay your tax burden. When you elect to claim the tax-free threshold, Coles will reduce the deductions from your paycheck to adjust for the 0% pay on the first $18,200 …

https://www.ato.gov.au / individuals-and-families / jobs-and-employment-types / working-as-an-employee / income-from-more-than-one-job

https://www.ato.gov.au / individuals-and-families / jobs-and-employment-types / working-as-an-employee / income-from-more-than-one-job
Income from more than one job | Australian Taxation Office
14 juin 2023You can usually claim the tax-free threshold on the first $18,200 of income you earn in the income year. This is called the tax-free threshold. Your income may be from one or more payers, such as an employer or government agency or work you do under an ABN. Claiming the tax-free ($18,200) reduces the amount of withheld from your …

https://www.ato.gov.au/forms-and-instructions/withholding-declaration

https://www.ato.gov.au/forms-and-instructions/withholding-declaration
Withholding declaration | Australian Taxation Office
27 nov. 2023Answer yes if you want to claim the tax-free threshold, you are an Australian resident for tax purposes and one of the following applies: You are not currently claiming the tax-free threshold from another payer. You are currently claiming the tax-free threshold from another payer and your total income from all sources will be less than the …

https://community.ato.gov.au/s/article/a079s0000009Gmu/how-much-tax-should-i-pay-on-a-second-job-claiming-the-taxfree-threshold

https://community.ato.gov.au/s/article/a079s0000009Gmu/how-much-tax-should-i-pay-on-a-second-job-claiming-the-taxfree-threshold
How much tax should I pay on a second job? Claiming the tax-free threshold
22 nov. 2023Go to Question 5 ‘Do you want to claim the tax-free threshold from this payer?’ Select whether you want to claim the tax-free threshold or not. If you stop working for an employer, you don’t need to do anything. You will automatically stop claiming the tax-free threshold from them when they stop paying .

https://cleartax.com.au/tax/personal-tax/tax-free-threshold

https://cleartax.com.au/tax/personal-tax/tax-free-threshold
Making Sense of Australia’s Tax-Free Threshold
18 juil. 2023The tax-free threshold is the amount you can make in one fiscal year before being subject to income tax. As per the Australian Taxation Office (ATO), this threshold is currently $18,200. So an Australian resident (for tax purposes) will not have to pay tax on the first $18,200 of the annual income of a fiscal year.

https://www.taxwarehouse.com.au/what-is-the-tax-free-threshold-and-how-to-claim-it

https://www.taxwarehouse.com.au/what-is-the-tax-free-threshold-and-how-to-claim-it
What is the Tax-Free Threshold and How to Claim It
If you earn $35,000 a year, for instance, you will be subject to taxation of $16,800 because this is the first tax bracket; this means that you will be responsible for paying 19 cents of every dollar that is earned above the threshold. The tax-free level of $18,200 is equivalent to the following:

https://www.taxwarehouse.com.au/a-beginners-guide-to-the-tax-free-threshold

https://www.taxwarehouse.com.au/a-beginners-guide-to-the-tax-free-threshold
A Beginner’s Guide To The Tax-Free Threshold – Tax Warehouse
All you need to do is answer Yes to the question Do you want to claim the tax-free threshold from this payer? on the form. After that, the form will be sent back to the appropriate department for processing. … You have the option to claim the tax-free threshold from each payer if you are convinced that the sum of your income for …

https://www.ato.gov.au/forms-and-instructions/tfn-declaration/how-to-complete-the-paper-form-payee

https://www.ato.gov.au/forms-and-instructions/tfn-declaration/how-to-complete-the-paper-form-payee
How to complete the paper form – Australian Taxation Office
5 juin 2023Answer yes, if you want to claim the tax-free threshold, you are an Australian resident for tax purposes and one of the following applies: You are not currently claiming the tax-free threshold from another payer. You are currently claiming the tax-free threshold from another payer and your total income from all sources will be less than the …

https://www.noddle.com.au/tax-free-threshold

https://www.noddle.com.au/tax-free-threshold
Should I Claim the Tax-Free Threshold? | Tax and Super – OIYO
In a year, the $18,200 tax-free threshold works out to be: $350 a week. $700 a fortnight. $1,517 a month. When you start a new job, you’ll have to fill out a Tax File Number Declaration Form for your employer. On this form, you’ll be able to opt in for the tax-free threshold by answering ‘Yes’ to the question …
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