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Taxback Irish or Oz Account

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  • 10-09-2014 2:12pm
    #1
    Slunk
    Registered Users Posts: 2,556 ✭✭✭


    Just a quick question. Does taxback have to be lodged to an oz account or can I put my BOI IBAN number instead of account /bsb?


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    #2
    Slunk
    Registered Users Posts: 2,556 ✭✭✭Slunk


    Ok, just logged into my oz westpac account online and it seems they've closed my current account due to no activity.
    So will to ATO pay into a foriegn bank account?


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    #3
    Alanhooly
    Registered Users Posts: 354 ✭✭Alanhooly


    I can't answer this definitively but my accountant told me to ensure I keep my Oz bank account opened when claiming my tax back next July (I'll be home).

    As I said, I'm not certain but he was adamant that it goes to an Oz bank.

    Could be used because it's easier though?


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    #4
    Slunk
    Registered Users Posts: 2,556 ✭✭✭Slunk


    I've since found out you do need an oz account. Guess that's why taxback.com charge their fees. 9% or minimum $99 per tax year return. Guess it's paid to their account then they pay into your Irish account. Ah well.


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    #5
    catbear
    Closed Accounts Posts: 5,092 ✭✭✭catbear


    Alanhooly wrote: »
    I can't answer this definitively but my accountant told me to ensure I keep my Oz bank account opened when claiming my tax back next July (I'll be home).

    As I said, I'm not certain but he was adamant that it goes to an Oz bank.

    Could be used because it's easier though?
    Keep you oz bank open, I checked before and they'll keep it open for at least 6 months after you leave. Set up a currencyfair acc and transfer home via internet and save on main bank fees.


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