What is the safest way to keep your TFN?

The safest way to keep your Tax File Number (TFN) is to store it securely in a password-protected digital file or a locked safe. This method ensures that access to your TFN is limited to only those who have permission, which significantly reduces the risk of unauthorized use or identity theft.

Using a password-protected digital file adds an additional layer of security through encryption, making it much more difficult for anyone without the password to access your sensitive information. Similarly, keeping your TFN in a locked safe protects it from physical theft or accidental exposure, such as if someone else gains access to your living space.

This option emphasizes the importance of both digital and physical security measures in safeguarding personal information. Other options, while they may seem secure at first glance, do not provide the same level of protection. For example, storing your TFN in an easily accessible place increases the risk of it being found by others, and sharing it with trusted individuals carries the chance that those individuals might inadvertently expose it to others. Writing it down and keeping it in a drawer does not protect against theft or loss, making it a less secure option overall.