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The TFN withheld amount becomes a prepayment of tax by the taxpayer whose funds have been withheld. When the taxpayer files an income tax return he or she would need to claim the so-called "TFN amounts" against his or her final tax liability, and any excess is refunded. The taxpayer needs to file an income tax return to get back the excess of tax.
The Australian Business Number (ABN) is a unique 11-digit identifier issued by the Australian Business Register (ABR) which is operated by the Australian Taxation Office (ATO). The ABN was introduced on 1 July 2000 by John Howard 's Liberal government as part of a major tax reform, which included the introduction of a GST .
The Google Drive software development kit (SDK) works together with the Google Drive user interface and the Chrome Web Store to create an ecosystem of apps that can be installed into Google Drive. In February 2013, the "Create" menu in Google Drive was revamped to include third-party apps, thus effectively granting them the same status as ...
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The ABN facilitates and streamlines many Australian business-to-government and government-to-business processes, such as Australian Tax Office transactions involving the collection and remittance of GST. If a company has an ABN, it may use the ABN in place of the ACN on documents, preceded by the letters ABN.
A digital business card is an electronic version of the traditional paper business card. It is essentially a digital profile that contains contact information and other relevant details. [ 1 ] These cards can be shared electronically, often through QR codes , links, or NFC tags.