Southern Cross Credit Union

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How your TFN can Save you Money!

Piggy Bank
Have you provided your TFN or ABN to your financial institution?  If not, then it's probably costing you money! Did you know that Withholding Tax is applied to interest payments on accounts owned by non-residents of Australia? From the ATO's perspective, if the institution you bank with does not have your Tax File Number (TFN) or ABN assigned ...
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