This training module covers two important areas for the staff of banking institutions:
The collection of Tax File Numbers, exemptions and Australian Business Numbers for accounts.
Withholding tax procedures that apply to interest paid on accounts in certain circumstances.
Who should do this training?
This training is important for customer-facing staff of banking institutions in Australia, especially those who set up new accounts for customers.
Course Outline
The procedure for collecting TFNs
The application of withholding tax where a TFN is not quoted
The TFN and withholding tax rules for special customers
Customise Course
Do you have a policy or process, or some subject-matter expertise that you would like to add to this course? Talk to us about ways we can quickly tailor the course to suit your needs.
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Compliance Manager at BankVic
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Compliance Manager at HCF
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