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Go Matilda - Your Gateway to Australia The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum TFN and and Term Deposit Account
The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum TFN and and Term Deposit Account|
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Junior Member |
The following web-site (http://www.ato.gov.au/corporate/content.asp?doc=/content/6979.htm) informs me that if I am non-resident (less than 6 months in Oz) then I do not need a TFN. However I am applying for 410 retirement visa and need to invest in Oz preferably in a fixed term account. To open such an accout I am iformed that unless I have a TFN then 48.5% of interest will be deducted at source - if I have a TFN only 10% will be deducted at source. Can anyone shed any light on this? Can I get a TFN before I arrive in Oz? Do I need a TFN or would a UK address satisy the bank that I am non-resident?
Roger |
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Go Matilda - Your Gateway to Australia The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum TFN and and Term Deposit Account
The Go Matilda Forums The Go Matilda Forums The Tax and Money Forum TFN and and Term Deposit Account© The Go Matilda Trading Company Limited 2002
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