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3 ways to get prepared for tax time 

    1. Are your details up to date?

      Check that your personal details are up to date, including your Tax File Number and tax-residency status. It’s important your details match ATO records to avoid any processing delays. You can check and update your details in the CommBank app, or by logging on and clicking on ‘Settings’ from the NetBank homepage.

    2. Download your Interest and tax summary

      You can find a summary of the interest you’ve earned on your accounts or paid on any loans, quickly and easily in the CommBank app, or in NetBank by logging on and clicking ‘Interest & tax summary’ from the ‘View accounts’ menu.

    3. Prepare any deductions you may be able to claim

      You can find up to seven years of bank statements online in the CommBank app or in NetBank to help identify any deductions you may be able to claim. Simply log on and click ‘statements’ from the ‘View accounts’ menu. 

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Things you should know

  • This page is intended to provide general information only and does not take into account your individual objectives, financial situation or needs. Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information.

    Commonwealth Bank is also not a registered tax (financial) adviser under the Tax Agent Services Act 2009 and you should seek tax advice from a registered tax agent or a registered tax (financial) adviser if you intend to rely on this information to satisfy the liabilities or obligations or claim entitlements that arise, or could arise, under a taxation law.