超级无敌Sydney和Melbourne大对比(3)---Banking and Tax(updated:19Mar@2:43pm)

richstudio

Banking and Tax:
Debit Tax: Only NSW government don't charge debit tax.

I suggest that for those of you who use HSBC online saving as your daily banking, if you have chance to come to Sydney, open an account here. You would save around AUD10+ each month.(btw, your residential address can be in other states rather than NSW)

Story:
I have moved from Melbourne to Sydney with two accounts.
one is commbank....the other is hsbc....

once i have changed my address from melbourne to sydney...I have not been charged any debit tax on my commbank account. however on my hsbc account, the debit tax is still charged even I have sydney address.

I think different banks have different way to treat clients....commonwealth bank banking system automatically consider you have nsw resident as long as you have sydney address. but hsbc does NOT...
so i have applied another hsbc account and close the one which opened in melbourne...

How much tax is payable?
The amount of Debits Tax charged depends on the value of each debit transaction to your account. The current rates of Debits Tax are as follows:   

                                      QLD    SA      VIC      WA        NSW
$0 to less than $1             Nil       Nil       Nil        Nil          Nil
$1 - less than $100           $0.30  $0.30  $0.30   $0.30      Nil
$100 - less than $500        $0.70  $0.70  $0.70   $0.70      Nil
$500 - less than $5,000      $1.50 $1.50  $1.50   $1.50      Nil
$5,000 - less than $10,000 $3.00 $3.00  $3.00    $3.00      Nil
$10, 000 and over             $4.00 $4.00  $4.00    $4.00      Nil

Please visit following web page for details:
http://www.hsbc.com.au/commercial/government/debits.html

[ Last edited by richstudio on 2005-3-19 at 02:42 PM ]

rdcwayx

为这个，换个别的城市，添很多麻烦，何必呢？

JACK

rdcwayx  在 2005-3-18 07:42 PM 发表:

为这个，换个别的城市，添很多麻烦，何必呢？

you are right in what you've said.

however, I don't think richstudio moved to Sydney because of that.

all he did was closing the account which was opened in Melbourne and opening another account in Sydney which can be done just in one go. why not?

astina

对阿，move city在前，关帐户在后

谁都不可能为了那点debit tax就搬家吧 makes no sense

horseanddragon

up!

richstudio

astina  在 2005-3-18 10:24 PM 发表:

对阿，move city在前，关帐户在后

谁都不可能为了那点debit tax就搬家吧 makes no sense

I'm not asking people to move to NSW.
I'm just suggesting that people who lives in other state and use HSBC online saving account should open this account in NSW. Because you will have an NSW BSB number, you would save couple of bucks if you frequently use the account!!!!

gmail

good suggestion!

541549078