ABN, TFN what’s the difference to you?

So, you just landed in Australia last week, you have applied for some work with a job agency, and they have strongly suggested you apply for an ABN before starting work with them. Why would you be asked to obtain an ABN, when you should be paid by TFN?

For example:

 $35.00 ABN  – 10% for insurance ($3.50) – 11.5% for super ($4.02) = $27.48 

 $35.00 TFN  + 11.5% for super ($4.02) =  $39.02

• Website URL: https://ideallabourhire.com.au/abn-tfn-whats-the-difference-to-you/
• Country List: Australia