Yes! The ATO must be able to confirm your identity by checking your supplied details against your personal Tax File Number (TFN). If you do not wish to provide your TFN in the application, your application may either be rejected or proceed to the ATO’s manual review system. This process can take up to 28 days, during which you will be contacted by an ATO representative.
When applying for an Australian Business Number (ABN), it is generally required to provide your Tax File Number (TFN). This applies to entities such as companies, trusts, and partnerships.
Your TFN helps the Australian Tax Office to verify your identity and streamline the registration process. If you are a sole trader, your individual TFN will be linked to your ABN. For other business structures, the TFNs of associates, like partners, directors, and trustees, may also be needed. In some cases, if an associate does not provide their TFN, additional information such as their residential address might be required. It's important to note that providing accurate details will help avoid delays in the ABN application process.