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Withholding tax

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Newbie

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Hi,
My wife and I have just opened a savings account with Suncorp and have had Resident Withholding Tax taken from the monthly interest. This has never happened with our previous CommBank accounts. Any explanation for this? Thanks.
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ATO Certified Response

Community Moderator

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Hi @LA,

 

It may be that you haven't provided them with your tax file numbers. Suncorp mention this on their website. If you contact Suncorp they should be able to fix it up for you.

 

Thanks, NateH

 

 

1 REPLY 1

Most helpful response

ATO Certified Response

Community Moderator

Replies 0

Hi @LA,

 

It may be that you haven't provided them with your tax file numbers. Suncorp mention this on their website. If you contact Suncorp they should be able to fix it up for you.

 

Thanks, NateH