gailmorgan
2 years agoExperienced Cover User
Relationship between STP2 and the TFN declaration
STP Phase 2 doesn't change the way your employees give you information about their tax circumstances. Your employees should still give you a completed TFN declaration..
When you start reporting through STP Phase 2, the employment and taxation information in your STP report will replace sending TFN declarations to us. This means you don't need to send us a copy of the TFN declaration your employee has given you. However, you can continue to send TFN declarations to us if it supports your other business processes, such as establishing an employment relationship before requesting stapled super fund details.
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