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Debits Tax and FID

Debits Tax is a charge on debits from bank accounts with cheque drawing facilities. Charities may apply for exemption from Debit Tax by applying to Revenue SA.

Financial institutions duty was a charge on amounts credited to bank, credit union, building society accounts etc, was abolished on 1 July 2001.


Debits Tax and FID  :  Last Revised: Thu Feb 14th 2002




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