How to Complete the Declaration of Self-Employment Form

As an employer, you may be required to complete the employee commencement forms for your new hires. This process is designed to streamline the information gathering process and reduce errors. In this article, we will provide a step-by-step guide on how to complete the declaration of self-employment form.

What Information Do You Need to Complete?

Before you start completing the form, you need to have the following details ready:

* The employee's tax affairs information, including their residency status and education loans

* Their existing super funds and default fund details

* Employment type (full-time, part-time, or casual)

How to Access ATO Online Services

To complete the forms, your employees will need to access ATO online services through myGov. This is a secure platform that allows them to view pre-filled information about their tax affairs, including superannuation and employment details.

What Information Will Be Prefilled?

Some of the information will be pre-filled by the ATO, making it quicker and more accurate for your employees to complete the forms. The pre-filled information includes:

* Super fund details

* Employment type

* Existing funds

How to Complete the Forms

To complete the forms, your employees need to follow these steps:

1. Log in to myGov and access ATO online services.

2. Select 'Employment' from the menu.

3. Choose 'New employment'.

4. Review the pre-filled information and make any necessary changes.

When to Use These Forms

Use the online forms when:

* Your employee wants you to pay their super guarantee (SG) into a new super fund.

* Their situation changes, and you need to recalculate how much tax to withhold from payments.

* You making an error, such as withholding an incorrect amount of tax.

Tips for Employers

As an employer, it's essential to ensure that your employees have the correct information before completing the forms. If they are unsure about any aspect of the process, encourage them to speak with you or seek advice from a professional.

In conclusion, completing the declaration of self-employment form is a straightforward process that can be done online through ATO services. By following these steps, your employees will be able to provide accurate information and reduce errors in their tax affairs.

Declaration of self employment form