Personal | Important Information | TFN Submission Form
Tax File Number Submission Form
As is common with other financial institutions, the CDF Community Fund is required to report annual interest income to the Australian Taxation Office. This means that interest earned on your CDF Community Fund account will automatically appear pre-filled in your annual income tax return.
To facilitate this reporting, we ask that each account holder provides their Tax File Number (TFN) to the CDF Community Fund as soon as possible.
Important Information:
You are under no obligation to provide your TFN or TFN exemption to the CDF Community Fund however, if you choose not to do so, interest earned on your investment will be subject to TFN withholding tax of 47%. Note that any tax withheld by the CDF Community Fund will be shown as a credit against other income tax levied by the ATO on your annual Notice of Assessment.
If the account is held in trust for a child, an exemption may be quoted where the interest earned is less than $120 p.a.
Please submit your Tax File Number:
CDPF Limited, a company established by the Australian Catholic Bishops Conference, has indemnified the CDF Community Fund ABN 94 380 397 118 (the Fund) against any liability arising out of a claim by investors in the Fund. In practice, this means your investment is backed by the assets of Catholic Archdiocese of Melbourne. The Fund is required by law to make the following disclosure: Investment in the Fund is only intended to attract investors whose primary purpose for making their investment is to support the charitable purposes of the Fund. Investor’s funds will be used to generate a return to the Fund that will be applied to further the charitable works of the Catholic Church. The Fund is not prudentially supervised by the Australian Prudential Regulation Authority nor has it been examined or approved by the Australian Securities and Investments Commission (ASIC). An investor in the Fund will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959 (Cth). The investments that the Fund offers are not subject to the usual protections for investors under the Corporations Act (Cth) or regulation by ASIC. Investors may be unable to get some or all of their money back when the investor expects or at all and investments in the Fund are not comparable to investments with banks, finance companies or fund managers. The Fund’s identification statement may be viewed here or by contacting the Fund. The Fund does not hold an Australian Financial Services Licence. The Fund has entered into an intermediary authorisation with CDFCF AFSL Limited ABN 49 622 976 747, AFSL No. 504202 to issue and deal in debentures.
