Tax File Number and Withholding Tax – Australia
Product Description
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.