The Interest & tax summary on Netbank provides a summary of interest earned and charged, and any withheld tax on your accounts for current or previous financial years.
Your bank statement is your official bank record of credits and debits to your business accounts, loans and other facilities.
If your most recent statement doesn’t cover the dates you need, you can order an out of cycle statement.
Statements ordered will include all transactions since your last statement issued, until the end of the day you order your statement (if processed). Your new statement will appear on NetBank within 2 business days, or will be sent to your address in 4 to 5 business days. Switching to e-statements could mean you receive your statement quicker.
Your transaction listing is a list of processed transactions on your account for a chosen date range, available for printing immediately. You can choose dates or time periods such as the previous 90 days or last financial year.
Your transaction summary is an official letter available immediately, confirming your transactions and account details for a period you choose (includes up to 100 transactions).
Tax can be complicated, so consider talking to your accountant or a professional tax adviser.
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.
