Updating your TFN declaration details
Are you new to foundU? Even if your employer has imported your details to foundU, you may be notified through a pop-up prompt on your home page to sign your Tax File Number declaration.
You are responsible for ensuring that all your details are true and correct as they are reported to the ATO.
From your Employee App, you're able to update your ATO Documents, at any time. Sections that can be updated include:
- Your Tax File Number (TFN)
- The answers to your Tax File Number Declaration
- Withholding Tax information
- Medicare Levy information
Your ATO Documents a lot of your private, sensitive information, such as your address, date of birth, etc. For your added protection, you will need to enter a unique security code, which you will receive either via SMS or email, before you can edit your details.
Make a change or update an ATO document
Updating your TFN can save you time! - If you update your personal details (name, date of birth, or address) on your tax file declaration form, it will automatically update your details in the following places:
- In your Profile in your App on your phone
- In your employer's records
- and, with the ATO
To begin:
- After logging in, select View Profile from the main menu.
-
In the Profile, Confidential Details section, select ATO Documents.
- Using the tabs across the top, select which of the following sections you'd like to update.
- TFN Declaration
- Withholding declaration
- Medicare levy.
- You will need to select 'Update and Save' after signing if you make changes to any section.
Below, we will go over the changes that can be accessed in each section.
TFN declaration
Within the TFN section, you can make changes to:
- TFN - If it has changed or if you've made an application to the ATO or are claiming exemption options.
- On what basis are you paid - (Full Time, Part Time, Labour Hire or Casual).
- Your residency status - An Australian resident, a foreign resident for tax purposes, or a Working holiday maker.
- Relevant changes to your TFN questions - Claiming the tax-free threshold and student loans.
- Need help with this section?- Check out this ATO document!
Withholding tax declaration
Within the Withholding Tax Declaration section, you can make changes to:
- Whether or not you want to complete a withholding declaration.
- Whether or not you would like to vary your tax offset by reducing the amount withheld from payments to you.
- Whether or not you would like to claim the seniors' or pensioners' tax offset
- Need help with Withholding Tax Declaration? - Check out this ATO document!
Medicare levy
Within the Medicare Levy section, you can make changes to:
- Increase the amounts withheld from you to cover the Medicare levy surcharge.
- Whether or not you qualify for a Medicare Levy exemption.
- Whether or not you'd like to claim a full exemption from the Medicare Levy.
- Whether or not you'd like to claim a half exemption from the Medicare Levy.
- Need help with the Medicare Levy? - Check out this ATO document!
If changes are made in any section, you should sign at the bottom of each page tab, and select Update and Save.