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eimilec(Newbie)Newbie
24 Nov 2023

I seem to have a $6 per month "tax file number" fee being taken from my savings account. It always has a reference starting "ZDD40....". Can someone help me clarify this, please? It is not a standing order or direct debit that I can work out so it must be a fee for an outside company. Is this something I can cancel? Thanks for any advice.

5,294 views
2 replies
5,294 views
2 replies

Most helpful response

Most helpful replyATO Certified Response

TobyJDodd(Devotee)Registered Tax Professional
ATO Certified Response24 Nov 2023

Hi @eimilec


This is most likely a tax file number withholding deduction. (You should get credit for these amounts in your tax return)


Most likely reasons is that your bank does not have a TFN applied against that particular account and is therefore withholding tax.


Contact your bank and ensure the correct TFN is applied against your account and the deductions should stop.


Toby

All replies

Most helpful replyATO Certified Response

TobyJDodd(Devotee)Registered Tax Professional
ATO Certified Response24 Nov 2023

Hi @eimilec


This is most likely a tax file number withholding deduction. (You should get credit for these amounts in your tax return)


Most likely reasons is that your bank does not have a TFN applied against that particular account and is therefore withholding tax.


Contact your bank and ensure the correct TFN is applied against your account and the deductions should stop.


Toby

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Why am I being charged $6 a month for my tax file number? | ATO Community